Benelux: Durum Wheat Market 2024

Durum Wheat Market Size in Benelux

After three years of growth, the Benelux durum wheat market decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a perceptible reduction. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Durum Wheat Production in Benelux

In value terms, durum wheat production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Belgium (X tons), the Netherlands (X tons) and Luxembourg (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Belgium (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

In 2022, the average yield of durum wheat in Benelux shrank modestly to X tons per ha, approximately equating the previous year's figure. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of durum wheat were harvested in Benelux; waning by X% compared with 2021. In general, the harvested area continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to durum wheat production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Durum Wheat Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in overseas shipments of durum wheat, when their volume decreased by X% to X tons. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, durum wheat exports fell significantly to $X in 2022. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium represented the key exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by the Netherlands (X tons), achieving a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

In value terms, Belgium ($X) remains the largest durum wheat supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belgium totaled X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Durum Wheat Imports

Imports in Benelux

After four years of growth, overseas purchases of durum wheat decreased by X% to X tons in 2022. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined notably in the following year.

In value terms, durum wheat imports fell sharply to $X in 2022. Overall, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then contracted sharply in the following year.

Imports by Country

Belgium represented the largest importing country with an import of around X tons, which reached X% of total imports. Luxembourg (X tons) ranks second in terms of the total imports with a X% share, followed by the Netherlands (X%).

Imports into Belgium decreased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. Luxembourg (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands and Belgium saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) constitutes the largest market for imported durum wheat in Benelux, comprising X% of total imports. The second position in the ranking was held by Luxembourg ($X), with a X% share of total imports.

In Belgium, durum wheat imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Luxembourg (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, growing by X% against the previous year. In general, the import price recorded slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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