Latest Report Update: Apr 9, 2021

Belgium - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Belgium: Preserved Peas Market Overview 2021

Preserved Peas Market Size in Belgium

In 2019, after two years of growth, there was decline in the Belgian preserved peas market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Preserved peas consumption peaked at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Preserved Peas Production in Belgium

In value terms, preserved peas production reduced to $X in 2019 estimated in export prices. Overall, production recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

Preserved Peas Exports

Exports from Belgium

In 2019, preserved peas exports from Belgium dropped rapidly to X tonnes, waning by -X% compared with the previous year's figure. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports failed to regain the momentum.

In value terms, preserved peas exports dropped to $X in 2019. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for preserved peas exports from Belgium, with a X% share of total exports. Moreover, preserved peas exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tonnes), twofold. France (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and France (-X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for preserved peas exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands amounted to +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

In 2019, the average preserved peas export price amounted to $X per tonne, increasing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2013; afterwards, it flattened through to 2019.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the UK ($X per tonne), while the average price for exports to Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Peas Imports

Imports into Belgium

In 2019, supplies from abroad of preserved peas decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Imports peaked at X tonnes in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

In value terms, preserved peas imports shrank remarkably to $X in 2019. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

France (X tonnes), the Netherlands (X tonnes) and Hungary (X tonnes) were the main suppliers of preserved peas imports to Belgium, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Hungary, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Hungary ($X) constituted the largest preserved peas suppliers to Belgium, together comprising X% of total imports.

Hungary saw the highest growth rate of the value of imports, in terms of 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 preserved peas import price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved peas in the world?
+
The country with the largest volume of preserved peas consumption was China (509K tonnes), accounting for 16% of total volume. Moreover, preserved peas consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (253K tonnes), twofold. India (200K tonnes) ranked third in terms of total consumption with a 6.5% share.
What are the largest producers of preserved peas in the world?
+
China (526K tonnes) remains the largest preserved peas producing country worldwide, comprising approx. 17% of total volume. Moreover, preserved peas production in China exceeded the figures recorded by the second-largest producer, the U.S. (261K tonnes), twofold. India (200K tonnes) ranked third in terms of total production with a 6.5% share.
What are the leading suppliers of preserved peas to Belgium?
+
In value terms, the Netherlands ($5.1M), France ($3.8M) and Hungary ($858K) were the largest preserved peas suppliers to Belgium, with a combined 96% share of total imports.
What are the leading importers of preserved peas from Belgium?
+
In value terms, the Netherlands ($5.3M) remains the key foreign market for preserved peas exports from Belgium, comprising 47% of total exports. The second position in the ranking was occupied by Germany ($2.1M), with a 19% share of total exports. It was followed by France, with a 11% share.
What is the average export price for preserved peas in Belgium?
+
The average preserved peas export price stood at $1,265 per tonne in 2019, growing by 3.5% against the previous year.
What is the average import price for preserved peas in Belgium?
+
The average preserved peas import price stood at $1,623 per tonne in 2019, with an increase of 4.2% against the previous year.

Product coverage:
• Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes

This report provides an in-depth analysis of the preserved peas market 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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 2025
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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