Report Belgium - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Belgium - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Pyrethrum And Peppermint Market 2022

Pyrethrum And Peppermint Market Size in Belgium

The Belgian pyrethrum and peppermint market skyrocketed to $X in 2021, with an increase of 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 moderate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pyrethrum And Peppermint Exports

Exports from Belgium

In 2021, overseas shipments of pyrethrum and peppermint decreased by -X% to X tonnes for the first time since 2017, thus ending a three-year rising trend. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% year-to-year. Over the period under review, the exports hit record highs at X tonnes in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, pyrethrum and peppermint exports surged to $X in 2021. Overall, exports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tonnes), France (X tonnes) and Germany (X tonnes) were the main destinations of pyrethrum and peppermint exports from Belgium, together accounting for X% of total exports. These countries were followed by Algeria and the UK, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pyrethrum and peppermint exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports. Algeria and the UK lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the average pyrethrum and peppermint export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a mild descent. The export price peaked at $X per tonne in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Algeria ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Pyrethrum And Peppermint Imports

Imports into Belgium

In 2021, purchases abroad of pyrethrum and peppermint increased by X% to X tonnes, rising for the fifth year in a row after two years of decline. Overall, total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, pyrethrum and peppermint imports skyrocketed to $X in 2021. In general, imports recorded modest growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Morocco (X tonnes) constituted the largest supplier of pyrethrum and peppermint to Belgium, with a X% share of total imports. Moreover, pyrethrum and peppermint imports from Morocco exceeded the figures recorded by the second-largest supplier, India (X tonnes), twofold. The third position in this ranking was occupied by Israel (X tonnes), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Morocco amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Israel (-X% per year).

In value terms, the largest pyrethrum and peppermint suppliers to Belgium were Israel ($X), France ($X) and Switzerland ($X), together accounting for X% of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pyrethrum and peppermint import price stood at $X per tonne in 2021, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
+
The countries with the highest volumes of pyrethrum and peppermint consumption in 2021 were China, the United States and Germany, with a combined 35% share of global consumption. These countries were followed by Morocco, Japan, South Korea, Egypt, Taiwan Chinese), Brazil, the UK, France and Singapore, which together accounted for a further 25%.
What are the largest producers of pyrethrum and peppermint in the world?
+
China constituted the country with the largest volume of pyrethrum and peppermint production, comprising approx. 27% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Morocco, with a 7.1% share.
What are the leading suppliers of pyrethrum and peppermint to Belgium?
+
In value terms, Israel, France and Switzerland appeared to be the largest pyrethrum and peppermint suppliers to Belgium, together accounting for 40% of total imports.
What are the leading importers of pyrethrum and peppermint from Belgium?
+
In value terms, France, the Netherlands and Germany were the largest markets for pyrethrum and peppermint exported from Belgium worldwide, together accounting for 80% of total exports. Algeria and the UK lagged somewhat behind, together accounting for a further 7.3%.
What is the average export price for pyrethrum and peppermint in Belgium?
+
In 2021, the average pyrethrum and peppermint export price amounted to $8,205 per tonne, jumping by 43% against the previous year.
What is the average import price for pyrethrum and peppermint in Belgium?
+
In 2021, the average pyrethrum and peppermint import price amounted to $5,239 per tonne, picking up by 9.7% against the previous year.

This report provides an in-depth analysis of the pyrethrum and peppermint 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 2030.


Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint
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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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