Belgium: Cheese Market Overview 2020

Cheese Market Size in Belgium

The revenue of the cheese market in Belgium amounted to $X in 2018, picking up by X% against the previous year. In general, cheese consumption, however, continues to indicate a temperate deduction. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. In that year, the cheese market reached its peak level of $X. From 2009 to 2018, the growth of the cheese market failed to regain its momentum.

Cheese Production in Belgium

In value terms, cheese production totaled $X in 2018 estimated in export prices. Overall, cheese production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, cheese production attained its peak figure level at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Cheese Exports

Exports from Belgium

Cheese exports from Belgium totaled X tonnes in 2018, increasing by X% against the previous year. Overall, the total exports indicated a resilient expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cheese exports increased by +X% against 2008 indices. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, cheese exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, cheese exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. In that year, cheese exports reached their peak of $X. From 2014 to 2018, the growth of cheese exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes), the UK (X tonnes) and France (X tonnes) were the main destinations of cheese exports from Belgium, together comprising X% of total exports. These countries were followed by Italy, Germany, Spain, Luxembourg and Poland, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and the UK ($X) constituted the largest markets for cheese exported from Belgium worldwide, with a combined X% share of total exports. These countries were followed by Italy, Germany, Luxembourg, Spain and Poland, which together accounted for a further X (+X% per year) experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cheese export price stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the cheese export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. In that year, the average export prices for cheese reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for cheese remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Luxembourg ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced a decline.

Cheese Imports

Imports into Belgium

In 2018, approx. X tonnes of cheese were imported into Belgium; jumping by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, cheese imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tonnes), France (X tonnes) and Germany (X tonnes) were the main suppliers of cheese imports to Belgium, with a combined X% share of total imports. These countries were followed by Italy, Denmark and Ireland, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Denmark, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the largest cheese suppliers to Belgium, with a combined X% share of total imports. These countries were followed by Italy, Denmark and Ireland, which together accounted for a further X experienced the highest growth rate of imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cheese import price stood at $X per tonne in 2018, jumping by X% against the previous year. In general, the cheese import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. In that year, the average import prices for cheese attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for cheese remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform