
Belgium - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
Belgium: Whole Fresh Milk Market 2023
Whole Fresh Milk Market Size in Belgium
The Belgian whole fresh milk market reduced slightly to $X in 2022, with a decrease of -2.2% against the previous year. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Whole fresh milk consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Whole Fresh Milk Production in Belgium
In value terms, whole fresh milk production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 39%. Whole fresh milk production peaked at $X in 2020; afterwards, it flattened through to 2022.
Whole Fresh Milk Exports
Exports from Belgium
For the sixth consecutive year, Belgium recorded growth in overseas shipments of whole fresh milk, which increased by 13% to X tons in 2022. The total export volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 24%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, whole fresh milk exports soared to $X in 2022. In general, total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +115.2% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Germany (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of whole fresh milk exports from Belgium, with a combined 94% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +6.2%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the largest markets for whole fresh milk exported from Belgium were Germany ($X), the Netherlands ($X) and France ($X), with a combined 92% share of total exports.
Germany, with a CAGR of +9.1%, 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
The average whole fresh milk export price stood at $X per ton in 2022, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2013 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($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 Italy (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Whole Fresh Milk Imports
Imports into Belgium
For the fourth year in a row, Belgium recorded decline in supplies from abroad of whole fresh milk, which decreased by -5% to X tons in 2022. Over the period under review, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 with an increase of 17%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.
In value terms, whole fresh milk imports amounted to $X in 2022. In general, imports saw a slight descent. The pace of growth appeared the most rapid in 2013 when imports increased by 29%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.
Imports by Country
France (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of whole fresh milk imports to Belgium, together accounting for 82% of total imports. These countries were followed by Luxembourg, which accounted for a further 18%.
From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +40.5%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, France ($X), the Netherlands ($X) and Germany ($X) constituted the largest whole fresh milk suppliers to Belgium, together comprising 88% of total imports. These countries were followed by Luxembourg, which accounted for a further 11%.
In terms of the main suppliers, Luxembourg, with a CAGR of +32.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average whole fresh milk import price stood at $X per ton in 2022, with an increase of 16% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whole fresh milk import price increased by +37.6% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 23%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the whole fresh milk 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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