Belgium: Dry Peas Market Overview 2020

Dry Peas Market Size in Belgium

The revenue of the dry peas market in Belgium amounted to $X in 2018, lowering by -X% against the previous year. Overall, dry peas consumption continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Dry peas consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Dry Peas Production in Belgium

In value terms, dry peas production stood at $X in 2018 estimated in export prices. Over the period under review, dry peas production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when production volume increased by X% y-o-y. In that year, dry peas production attained its peak level of $X. From 2010 to 2018, dry peas production growth failed to regain its momentum.

Average yield of peas (dry) in Belgium totaled X tonne per ha in 2018, increasing by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 when yield increased by X% against the previous year. Over the period under review, the average dry peas yield reached its peak figure level at X tonne per ha in 2009; however, from 2010 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of peas (dry) in Belgium stood at X ha, declining by -X% against the previous year. Over the period under review, the dry peas harvested area continues to indicate a moderate descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to dry peas production reached its maximum at X ha in 2010; however, from 2011 to 2018, harvested area remained at a lower figure.

Dry Peas Exports

Exports from Belgium

In 2018, the dry peas exports from Belgium amounted to X tonnes, rising by X% against the previous year. Overall, dry peas exports, however, continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, dry peas exports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, dry peas exports totaled $X in 2018. In general, dry peas exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, dry peas exports attained their peak of $X. From 2009 to 2018, the growth of dry peas exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for dry peas exports from Belgium, with a X% share of total exports. Moreover, dry peas exports to the Netherlands exceeded the volume sent to the second major destination, France (X tonnes), threefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Netherlands totaled +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 largest markets for dry peas exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), together accounting for X% of total exports. The UK, South Africa and India lagged somewhat behind, together accounting for a further X the main countries of destination, South Africa (+X% per year) recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dry peas export price stood at $X per tonne in 2018, reducing by -X% against the previous year. Overall, the dry peas export price, however, continues to indicate a mild increase. The growth pace was the most rapid in 2009 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was France ($X per tonne), while the average price for exports to the Netherlands ($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 France, while the prices for the other major destinations experienced mixed trend patterns.

Dry Peas Imports

Imports into Belgium

In 2018, the dry peas imports into Belgium amounted to X tonnes, increasing by X% against the previous year. In general, the total imports indicated slight growth 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, dry peas imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. In that year, dry peas imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, dry peas imports stood at $X in 2018. Over the period under review, the total imports indicated a moderate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, dry peas imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. In that year, dry peas imports attained their peak of $X. From 2014 to 2018, the growth of dry peas imports remained at a lower figure.

Imports by Country

In 2018, France (X tonnes) constituted the largest dry peas supplier to Belgium, accounting for a X% share of total imports. Moreover, dry peas imports from France exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), ninefold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Canada (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

In 2018, the average dry peas import price amounted to $X per tonne, coming down by -X% against the previous year. Overall, the dry peas import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. In that year, the average import prices for peas (dry) reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for peas (dry) remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform