Belgium - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinegar Price in Belgium - 2023
Contents:
- Vinegar Price in Belgium (CIF) - 2023
- Vinegar Price in Belgium (FOB) - 2023
- Vinegar Imports in Belgium
- Vinegar Exports in Belgium
Vinegar Price in Belgium (CIF) - 2023
The average vinegar import price stood at $1,091 per ton in July 2023, with an increase of 11% against the previous month. Over the period under review, import price indicated a resilient increase from July 2022 to July 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, vinegar import price decreased by -3.8% against May 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 26% against the previous month. As a result, import price reached the peak level of $1,135 per ton; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,405 per ton), while the price for the Netherlands ($569 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Vinegar Price in Belgium (FOB) - 2023
In July 2023, the average vinegar export price amounted to $1,077 per ton, growing by 12% against the previous month. Over the period under review, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in October 2022 an increase of 65% m-o-m. Over the period under review, the average export prices hit record highs at $1,367 per ton in November 2022; however, from December 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,333 per ton), while the average price for exports to Italy ($493 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar Imports in Belgium
In 2022, the amount of vinegar imported into Belgium surged to 21K tons, jumping by 20% on the year before. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, vinegar imports stood at $14M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Vinegar in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.5 | 4.9 | 5.2 | 5.5 | 6.9% |
| Italy | 3.1 | 3.6 | 3.0 | 3.5 | 4.1% |
| Netherlands | 1.4 | 1.6 | 2.7 | 2.5 | 21.3% |
| Germany | 0.4 | 0.9 | 0.5 | 0.6 | 14.5% |
| Spain | 0.9 | 1.1 | 0.6 | 0.5 | -17.8% |
| Others | 0.7 | 1.0 | 1.2 | 1.1 | 16.3% |
| Total | 11.0 | 13.1 | 13.3 | 13.7 | 7.6% |
Top Suppliers of Vinegar to Belgium in 2022:
- France (12.0K tons)
- Netherlands (4.2K tons)
- Italy (1.6K tons)
- Germany (1.1K tons)
- Spain (0.9K tons)
Vinegar Exports in Belgium
In 2022, vinegar exports from Belgium rose notably to 12K tons, growing by 11% compared with the year before. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, vinegar exports rose to $9.9M in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Vinegar in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,496 | 1,499 | 2,961 | 3,057 | 26.9% |
| Netherlands | 797 | 947 | 1,299 | 1,959 | 35.0% |
| Italy | 124 | 183 | 568 | 872 | 91.6% |
| United Kingdom | 633 | 474 | 865 | 852 | 10.4% |
| Germany | 463 | 1,399 | 972 | 723 | 16.0% |
| United States | 210 | 470 | 1,027 | 459 | 29.8% |
| Luxembourg | 336 | 395 | 375 | 319 | -1.7% |
| Cabo Verde | N/A | 126 | 143 | 190 | 22.8% |
| Senegal | 8.1 | 18.6 | 6.6 | 181 | 181.7% |
| Sweden | 105 | 28.7 | 41.2 | 51.3 | -21.2% |
| India | 58.3 | 148 | 229 | N/A | 98.2% |
| Others | 376 | 793 | 1,229 | 1,206 | 47.5% |
| Total | 4,607 | 6,482 | 9,717 | 9,870 | 28.9% |
Top Export Markets for Vinegar from Belgium in 2022:
- France (3.9K tons)
- Netherlands (3.2K tons)
- Italy (1.3K tons)
- United Kingdom (0.6K tons)
- Luxembourg (0.5K tons)
- Germany (0.5K tons)
- Cabo Verde (0.4K tons)
- United States (0.3K tons)
- Senegal (0.2K tons)
- Sweden (0.1K tons)
This report provides an in-depth analysis of the vinegar market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841130 - Vinegar and substitutes for vinegar made from wine
- Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the vinegar market in Belgium.
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This report provides an in-depth analysis of the global vinegar market.
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This report provides an in-depth analysis of the vinegar market in Belgium.
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This report provides an in-depth analysis of the global vinegar market.
297
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
3836
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
1163
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
297
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
3836
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
1163
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
