Belgium: Preserved Sweet Corn Market 2023

Preserved Sweet Corn Market Size in Belgium

For the third consecutive year, the Belgian preserved sweet corn market recorded growth in sales value, which increased by 35% to $X in 2021. In general, consumption continues to indicate a noticeable increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Preserved Sweet Corn Exports

Exports from Belgium

In 2021, approx. X tons of sweet corn prepared or preserved were exported from Belgium; with a decrease of -34% against 2020. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2013 with an increase of 20%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, preserved sweet corn exports fell dramatically to $X in 2021. Over the period under review, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of 24% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X tons), the Netherlands (X tons) and Sweden (X tons) were the main destinations of preserved sweet corn exports from Belgium, together accounting for 84% of total exports. France, Denmark, Finland, Luxembourg, Ireland and Spain lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +60.1%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for preserved sweet corn exported from Belgium were the UK ($X), Sweden ($X) and the Netherlands ($X), with a combined 83% share of total exports. France, Denmark, Finland, Luxembourg, Ireland and Spain lagged somewhat behind, together accounting for a further 13%.

In terms of the main countries of destination, Denmark, with a CAGR of +64.8%, 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 preserved sweet corn export price stood at $X per ton in 2021, growing by 12% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Finland ($X per ton), while the average price for exports to Spain ($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 Sweden (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports into Belgium

In 2021, purchases abroad of sweet corn prepared or preserved decreased by -16.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports showed a pronounced descent. The pace of growth was the most pronounced in 2017 with an increase of 25%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, preserved sweet corn imports fell to $X in 2021. In general, imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2013 with an increase of 17% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of preserved sweet corn to Belgium, with a 60% share of total imports. Moreover, preserved sweet corn imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Hungary (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+29.0% per year) and Hungary (-13.7% per year).

In value terms, France ($X) constituted the largest supplier of preserved sweet corn to Belgium, comprising 54% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by Hungary, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from France totaled -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+28.4% per year) and Hungary (-11.1% per year).

Import Prices by Country

In 2021, the average preserved sweet corn import price amounted to $X per ton, with an increase of 6.6% against the previous year. Over the period under review, the import price saw a mild increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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