Belgium: Canned Vegetable Market 2024

Canned Vegetable Market Size in Belgium

In 2022, the Belgian canned vegetable market increased by 13% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +6.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Canned Vegetable Production in Belgium

In value terms, canned vegetable production reached $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 14% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Canned Vegetable Exports

Exports from Belgium

Canned vegetable exports from Belgium declined dramatically to X tons in 2022, reducing by -15.8% against 2021. Overall, exports showed a pronounced curtailment. The growth pace was the most rapid in 2020 when exports increased by 26% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, canned vegetable exports dropped rapidly to $X in 2022. Over the period under review, exports saw a slight reduction. The pace of growth was the most pronounced in 2020 when exports increased by 32% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main destinations of canned vegetable exports from Belgium, with a combined 75% share of total exports. The UK, Luxembourg, Denmark and Sweden lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of +7.7%), while the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the largest markets for canned vegetable exported from Belgium worldwide, together comprising 74% of total exports. The UK, Denmark, Sweden and Luxembourg lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, Denmark, with a CAGR of +12.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average canned vegetable export price stood at $X per ton in 2022, which is down by -4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Vegetable Imports

Imports into Belgium

In 2022, approx. X tons of canned vegetables were imported into Belgium; picking up by 3.4% compared with the previous year. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, canned vegetable imports contracted notably to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. Imports peaked at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of canned vegetable to Belgium, with a 43% share of total imports. Moreover, canned vegetable imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.7% per year) and Italy (-0.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of canned vegetables to Belgium, comprising 45% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.6% per year) and Italy (+0.8% per year).

Import Prices by Country

The average canned vegetable import price stood at $X per ton in 2022, waning by -20.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14%. As a result, import price reached the peak level of $X per ton, and then reduced rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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