Belgium: Date Market Overview 2021

Date Market Size in Belgium

The Belgian date market soared to $X in 2020, rising 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). Overall, the total consumption indicated notable 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, consumption increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Date consumption peaked in 2020 and is likely to see steady growth in the near future.

Date Exports

Exports from Belgium

In 2020, date exports from Belgium soared to X tonnes, increasing by X% compared with the previous year's figure. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, date exports soared to $X in 2020. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

Exports by Country

France (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main destinations of date exports from Belgium, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Germany (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) were the largest markets for date exported from Belgium worldwide, together comprising X% of total exports.

Germany (+X% per year) saw the highest growth rate of the value of exports, among 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

In 2020, the average date export price amounted to $X per tonne, picking up by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Luxembourg ($X per tonne), while the average price for exports to Finland ($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 Spain, while the prices for the other major destinations experienced more modest paces of growth.

Date Imports

Imports into Belgium

Date imports into Belgium surged to X tonnes in 2020, jumping by X% against 2019 figures. Over the period under review, imports showed a moderate expansion. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, date imports surged to $X in 2020. In general, total imports indicated noticeable 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, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Tunisia (X tonnes) constituted the largest supplier of date to Belgium, accounting for a X% share of total imports. Moreover, date imports from Tunisia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold. Algeria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Tunisia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Algeria (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of date to Belgium, comprising X% of total imports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

In 2020, the average date import price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

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

Source: IndexBox Platform