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Belgium - Apricots - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Apricot Market Overview 2021

Apricot Market Size in Belgium

The Belgian apricot market fell sharply to $X in 2020, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2019, and then declined markedly in the following year.

Apricot Exports

Exports from Belgium

For the third year in a row, Belgium recorded decline in overseas shipments of apricots, which decreased by -X% to X tonnes in 2020. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, apricot exports soared to $X in 2020. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes), France (X tonnes) and Luxembourg (X tonnes) were the main destinations of apricot exports from Belgium, together accounting for X% of total exports. Spain and Germany lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Spain, while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the largest markets for apricot exported from Belgium worldwide, with a combined X% share of total exports. Spain and Germany lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average apricot export price stood at $X per tonne in 2020, picking up by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Apricot Imports

Imports into Belgium

In 2020, the amount of apricots imported into Belgium shrank rapidly to X tonnes, reducing by -X% on the previous year's figure. In general, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, apricot imports declined dramatically to $X in 2020. Over the period under review, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest supplier of apricot to Belgium, accounting for a X% share of total imports. Moreover, apricot imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tonnes), twofold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Germany (+X% per year).

In value terms, Spain ($X), France ($X) and Germany ($X) were the largest apricot suppliers to Belgium, with a combined X% share of total imports. The Netherlands, Italy and Greece lagged somewhat behind, together comprising a further X the main suppliers, Greece (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average apricot import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apricots in the world?
+
The countries with the highest volumes of apricot consumption in 2020 were Turkey (812K tonnes), Uzbekistan (512K tonnes) and Iran (327K tonnes), with a combined 40% share of global consumption. These countries were followed by Italy, Algeria, France, Russia, Afghanistan, Pakistan, Morocco, Egypt, Greece and Ukraine, which together accounted for a further 34%.
What are the largest producers of apricots in the world?
+
The countries with the highest volumes of apricot production in 2020 were Turkey (877K tonnes), Uzbekistan (576K tonnes) and Iran (327K tonnes), together accounting for 42% of global production.
What are the leading suppliers of apricots to Belgium?
+
In value terms, the largest apricot suppliers to Belgium were Spain ($5M), France ($3.3M) and Germany ($1.5M), together comprising 84% of total imports. These countries were followed by the Netherlands, Italy and Greece, which together accounted for a further 16%.
What are the leading importers of apricots from Belgium?
+
In value terms, France ($1.4M), the Netherlands ($1M) and Luxembourg ($518K) constituted the largest markets for apricot exported from Belgium worldwide, with a combined 90% share of total exports. These countries were followed by Spain and Germany, which together accounted for a further 9.9%.
What is the average export price for apricots in Belgium?
+
In 2020, the average apricot export price amounted to $3,173 per tonne, surging by 50% against the previous year.
What is the average import price for apricots in Belgium?
+
In 2020, the average apricot import price amounted to $2,448 per tonne, jumping by 21% against the previous year.

Product coverage:
• FCL 526 - Apricots

This report provides an in-depth analysis of the apricot 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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