Belgium: Prepared Baking Powder Market Overview 2020

Prepared Baking Powder Market Size in Belgium

The revenue of the prepared baking powder market in Belgium amounted to $X in 2018, going up by X% against the previous year. In general, prepared baking powder consumption continues to indicate moderate growth. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Prepared baking powder consumption peaked at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Prepared Baking Powder Production in Belgium

In value terms, prepared baking powder production stood at $X in 2018 estimated in export prices. Over the period under review, prepared baking powder production, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2012 when production volume increased by X% against the previous year. Over the period under review, prepared baking powder production attained its maximum level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Prepared Baking Powder Exports

Exports from Belgium

In 2018, approx. X tonnes of prepared baking powders were exported from Belgium; waning by -X% against the previous year. Over the period under review, prepared baking powder exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, prepared baking powder exports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, prepared baking powder exports stood at $X in 2018. Over the period under review, the total exports indicated a measured expansion from 2007 to 2018: its value decreased 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, prepared baking powder exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. In that year, prepared baking powder exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

Nigeria (X tonnes) was the main destination for prepared baking powder exports from Belgium, accounting for a X% share of total exports. Moreover, prepared baking powder exports to Nigeria exceeded the volume sent to the second major destination, Yemen (X tonnes), threefold. Madagascar (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Nigeria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+X% per year) and Madagascar (+X% per year).

In value terms, Madagascar ($X) remains the key foreign market for prepared baking powder exports from Belgium, comprising X% of total prepared baking powder exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by Yemen, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Madagascar stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Yemen (+X% per year).

Export Prices by Country

The average prepared baking powder export price stood at $X per tonne in 2018, surging by X% against the previous year. In general, the export price indicated a conspicuous increase from 2007 to 2018: its price 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, prepared baking powder export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2012 when the average export price increased by X% y-o-y. In that year, the average export prices for prepared baking powders attained their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the average export prices for prepared baking powders 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 Saudi Arabia ($X per tonne), while the average price for exports to Nigeria ($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 Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Imports

Imports into Belgium

In 2018, approx. X tonnes of prepared baking powders were imported into Belgium; increasing by X% against the previous year. Overall, prepared baking powder imports, however, continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, prepared baking powder imports stood at $X in 2018. Over the period under review, prepared baking powder imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. In that year, prepared baking powder imports reached their peak of $X. From 2016 to 2018, the growth of prepared baking powder imports remained at a somewhat lower figure.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest prepared baking powder supplier to Belgium, with a X% share of total imports. Moreover, prepared baking powder imports from Germany exceeded the figures recorded by the second-largest supplier, Luxembourg (X tonnes), fourfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared baking powder to Belgium, comprising X% of total prepared baking powder imports. The second position in the ranking was occupied by Luxembourg ($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 rate of growth in terms of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2018, the average prepared baking powder import price amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for prepared baking powders reached their peak figure at $X per tonne in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox AI Platform