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Belgium - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Overview of the Market for Broad Beans And Horse Beans (Dry) 2021

Market Size for Broad Beans And Horse Beans (Dry) in Belgium

In 2020, the Belgian market for broad beans and horse beans (dry) was finally on the rise to reach $X after two years of decline. Over the period under review, consumption enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Broad bean and horse bean consumption peaked in 2020 and is expected to retain growth in the near future.

Production of Broad Beans And Horse Beans (Dry) in Belgium

In value terms, broad bean and horse bean production skyrocketed to $X in 2020 estimated in export prices. In general, the total production indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2013 indices. The growth pace was the most rapid in 2009 when the production volume increased by X% y-o-y. Broad bean and horse bean production peaked in 2020 and is expected to retain growth in the immediate term.

The average yield of broad beans and horse beans (dry) in Belgium fell to X tonnes per ha in 2020, waning by -X% compared with 2019. In general, the yield continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2009 when the yield increased by X% y-o-y. As a result, the yield reached the peak level of X tonnes per ha. from 2010 to 2020, the growth of the average broad bean and horse bean yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of broad beans and horse beans (dry) were harvested in Belgium; increasing by X% compared with 2019 figures. In general, the harvested area showed a strong expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The broad bean and horse bean harvested area peaked in 2020 and is expected to retain growth in the near future.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Belgium

Broad bean and horse bean exports from Belgium skyrocketed to X tonnes in 2020, growing by X% on 2019. Overall, exports recorded buoyant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, broad bean and horse bean exports surged to $X in 2020. In general, exports posted a remarkable increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for broad bean and horse bean exports from Belgium, accounting for a X% share of total exports. Moreover, broad bean and horse bean exports to the Netherlands exceeded the volume sent to the second major destination, France (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Germany (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for broad bean and horse bean exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and France (-X% per year).

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to the Netherlands ($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 Germany, while the prices for the other major destinations experienced a decline.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Belgium

In 2020, supplies from abroad of broad beans and horse beans (dry) was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. In general, imports showed strong growth. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, broad bean and horse bean imports soared to $X in 2020. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest supplier of broad bean and horse bean to Belgium, with a X% share of total imports. Moreover, broad bean and horse bean imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tonnes), threefold.

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

In value terms, the largest broad bean and horse bean suppliers to Belgium were the Netherlands ($X), the UK ($X) and France ($X), together comprising X% of total imports.

The UK saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broad beans and horse beans (dry) in the world?
+
The countries with the highest volumes of broad bean and horse bean consumption in 2020 were China (1.7M tonnes), Ethiopia (1M tonnes) and the UK (494K tonnes), with a combined 59% share of global consumption.
What are the largest producers of broad beans and horse beans (dry) in the world?
+
The countries with the highest volumes of broad bean and horse bean production in 2020 were China (1.8M tonnes), Ethiopia (1M tonnes) and the UK (626K tonnes), together comprising 61% of global production. Australia, Germany, France, Sudan, Italy, Lithuania, Peru and Egypt lagged somewhat behind, together accounting for a further 26%.
What are the leading suppliers of broad beans and horse beans (dry) to Belgium?
+
In value terms, the largest broad bean and horse bean suppliers to Belgium were the Netherlands ($2.9M), the UK ($1.5M) and France ($625K), with a combined 92% share of total imports.
What are the leading importers of broad beans and horse beans (dry) from Belgium?
+
In value terms, the Netherlands ($2.6M) remains the key foreign market for broad bean and horse bean exports from Belgium, comprising 87% of total exports. The second position in the ranking was occupied by Germany ($128K), with a 4.3% share of total exports.
What is the average export price for broad beans and horse beans (dry) in Belgium?
+
The average export price for broad beans and horse beans (dry) stood at $400 per tonne in 2020, waning by -32.8% against the previous year.
What is the average import price for broad beans and horse beans (dry) in Belgium?
+
The average import price for broad beans and horse beans (dry) stood at $464 per tonne in 2020, growing by 3% against the previous year.

Product coverage:
• FCL 181 - Broad beans, dry

This report provides an in-depth analysis of the market for broad bean and horse bean 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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