Belgium: Almond Market 2022

Almond Exports

Exports from Belgium

Almond exports from Belgium expanded remarkably to X tonnes in 2021, picking up by X% compared with 2020 figures. Overall, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, the exports reached the peak of X tonnes. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, almond exports rose remarkably to $X in 2021. In general, exports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main destinations of almond exports from Belgium, together comprising X% of total exports. Spain, Italy and Luxembourg lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Spain (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for almond exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports. Spain, Italy and Luxembourg lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Spain, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average almond export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per tonne in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced a decline.

Almond Imports

Imports into Belgium

In 2021, supplies from abroad of almonds increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, almond imports expanded markedly to $X in 2021. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

The Netherlands (X tonnes), Spain (X tonnes) and France (X tonnes) were the main suppliers of almond imports to Belgium, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest almond suppliers to Belgium were Spain ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports.

Spain, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average almond import price amounted to $X per tonne, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per tonne), while the price for the United States ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform