Belgium: Almond Market 2024

Almond Market Size in Belgium

In 2022, the Belgian almond market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption faced a abrupt descent. Almond consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Almond Production in Belgium

In value terms, almond production amounted to $X in 2022 estimated in export price. In general, production recorded a sharp contraction. The growth pace was the most rapid in 2013 when the production volume decreased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of almonds in Belgium amounted to less than X kg per ha in 2022, therefore, remained relatively stable against 2021 figures. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of almonds in Belgium amounted to less than X ha, almost unchanged from the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern.

Almond Exports

Exports from Belgium

In 2022, overseas shipments of almonds decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, almond exports fell sharply to $X in 2022. In general, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of almond exports from Belgium, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Spain ($X) were the largest markets for almond exported from Belgium worldwide, together accounting for X% of total exports.

Spain, with a CAGR of X%, saw the highest growth rate of 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 almond export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price recorded a pronounced decline. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Luxembourg ($X per ton) and France ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Almond Imports

Imports into Belgium

In 2022, almond imports into Belgium plummeted to X tons, which is down by X% on 2021 figures. Overall, imports, however, saw a perceptible increase. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, almond imports declined notably to $X in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest almond supplier to Belgium, accounting for a X% share of total imports. Moreover, almond imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and France (X% per year).

In value terms, the Netherlands ($X), Spain ($X) and Germany ($X) were the largest almond suppliers to Belgium, with a combined X% share of total imports.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 almond import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for France ($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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :