Benelux: Potato Market 2024

Potato Market Size in Benelux

The Benelux potato market surged to $X in 2023, increasing by X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Potato Production in Benelux

In value terms, potato production reduced to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

The country with the largest volume of potato production was Belgium (X tons), comprising approx. X% of total volume. Moreover, potato production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), fourfold.

From 2012 to 2023, the average annual rate of growth in terms of volume in Belgium stood at X%.

The average potato yield was estimated at X tons per ha in 2023, picking up by X% compared with the year before. Overall, the yield, however, saw a mild curtailment. The pace of growth was the most pronounced in 2017 when the yield increased by X%. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of potatoes were harvested in Benelux; approximately reflecting 2022. The harvested area increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the harvested area dedicated to potato production reached the peak figure at X ha in 2019; however, from 2020 to 2023, the harvested area failed to regain momentum.

Potato Exports

Exports in Benelux

In 2023, the amount of potatoes exported in Benelux rose notably to X tons, surging by X% on 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, potato exports soared to $X in 2023. Total exports indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

The Netherlands represented the key exporter of potatoes in Benelux, with the volume of exports recording X tons, which was approx. X% of total exports in 2023. It was distantly followed by Belgium (X tons), committing a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the potatoes exports, with a CAGR of X% from 2012 to 2023. Belgium experienced a relatively flat trend pattern. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by X% from 2012 to 2023, respectively.

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

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands stood at X%.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Potato Imports

Imports in Benelux

In 2023, imports of potatoes in Benelux surged to X tons, rising by X% on 2022 figures. Total imports indicated a moderate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2014 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, potato imports skyrocketed to $X in 2023. In general, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium was the main importer of potatoes in Benelux, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. It was distantly followed by the Netherlands (X tons), generating a X% share of total imports.

Belgium was also the fastest-growing in terms of the potatoes imports, with a CAGR of X% from 2012 to 2023. The Netherlands experienced a relatively flat trend pattern. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2023, respectively.

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

From 2012 to 2023, the average annual growth rate of value in Belgium amounted to X%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, jumping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform