Belgium: Roasted Coffee Market 2023

Roasted Coffee Market Size in Belgium

The Belgian roasted coffee market expanded slightly to $X in 2021, growing by 3.6% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Roasted Coffee Production in Belgium

In value terms, roasted coffee production reduced modestly to $X in 2021 estimated in export price. In general, production, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 0.3% against the previous year. Roasted coffee production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Roasted Coffee Exports

Exports from Belgium

In 2021, the amount of roasted coffee exported from Belgium soared to X tons, picking up by 17% compared with the previous year. Overall, exports, however, showed a perceptible setback. The growth pace was the most rapid in 2014 with an increase of 53% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, roasted coffee exports soared to $X in 2021. In general, exports, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 38%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and the UK (X tons) were the main destinations of roasted coffee exports from Belgium, together accounting for 68% of total exports. Luxembourg, Germany, the United States and Poland lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +30.4%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest markets for roasted coffee exported from Belgium worldwide, with a combined 64% share of total exports. These countries were followed by Luxembourg, the United States, Germany and Poland, which together accounted for a further 19%.

The United States, with a CAGR of +29.0%, recorded the highest rates of growth with regard to 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 roasted coffee export price amounted to $X per ton, surging by 7.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 22%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.2%), while the prices for the other major destinations experienced a decline.

Roasted Coffee Imports

Imports into Belgium

Roasted coffee imports into Belgium expanded notably to X tons in 2021, growing by 12% on the year before. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +90.7% against 2013 indices. The pace of growth was the most pronounced in 2020 with an increase of 23%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, roasted coffee imports skyrocketed to $X in 2021. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of roasted coffee imports to Belgium, with a combined 77% share of total imports. These countries were followed by Italy, Poland, Spain, Luxembourg and Switzerland, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +18.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest roasted coffee suppliers to Belgium, together accounting for 80% of total imports.

France, with a CAGR of +24.1%, 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 roasted coffee import price stood at $X per ton in 2021, with an increase of 6.7% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, roasted coffee import price increased by +36.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 34%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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