Belgium: Beef Market Overview 2020

Beef Market Size in Belgium

The revenue of the beef market in Belgium amounted to $X in 2017, coming down by -X% against the previous year. In general, beef consumption continues to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2009, with an increase of X% year-to-year. In that year, the beef market reached their peak level of $X. From 2010 to 2017, growth of the beef market failed to regain its momentum.

Beef Production in Belgium

In 2017, production of beef (cattle meat) in Belgium totaled X tonnes, remaining constant against the previous year. In general, beef production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the output figure increased by X% year-to-year. Belgium beef production peaked in 2017, and is expected to retain its growth in the immediate term. Beef output in Belgium indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a slight shrinkage in yield figures.

Average yield of beef (cattle meat) in Belgium stood at X kg per head in 2017, waning by -X% against the previous year. In general, beef yield continues to indicate a mild curtailment. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Belgium beef yield peaked of X kg per head in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In 2017, beef producing animals in Belgium amounted to X head, reducing by -X% against the previous year. Overall, beef producing animals continues to indicate a mild increase. The pace of growth appeared the most rapid in 2010, when the number of producing animals increased by X% year-to-year. Belgium beef producing animals peaked of X heads in 2016, and then declined slightly in the following year.

Beef Exports from Belgium

In 2017, approx. X tonnes of beef (cattle meat) were exported from Belgium; going up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2017, when exports increased by X% year-to-year. In that year, the beef exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, beef exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Belgium exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Beef Exports by Country from Belgium

The exports of the four major exporters of beef (cattle meat), namely India, Brazil, Australia and the U.S., represented more than half of total export. The Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) held the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports. India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , India (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Belgium

The beef export price in Belgium stood at $X per tonne in 2017, rising by X% against the previous year. In general, beef export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the export prices for beef (cattle meat) attained its peak figure level of $X per tonne in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Belgium

In 2017, approx. X tonnes of beef (cattle meat) were imported into Belgium; going up by X% against the previous year. Overall, beef imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. Belgium imports peaked of X tonnes in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, beef imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the beef imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Beef Imports by Country into Belgium

The U.S. (X tonnes), Viet Nam (X tonnes), China (X tonnes), Japan (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), South Korea (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Egypt (X tonnes), Russia (X tonnes) and the UK (X tonnes) represented roughly X% of total imports of beef (cattle meat) in 2017.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), China ($X) and Japan ($X), with a combined X% share of total imports. These countries were followed by Viet Nam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and Belgium, which together accounted for a further X%.

In terms of the main importing countries , Viet Nam (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Belgium

In 2017, the beef import price in Belgium amounted to $X per tonne, falling by -X% against the previous year. In general, beef import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the import prices for beef (cattle meat) reached its maximum level of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform