Cereals; Rye, Seed Price in Belgium - 2023

Contents:

  1. Cereals; Rye, Seed Price in Belgium (CIF) - 2022
  2. Cereals; Rye, Seed Price in Belgium (FOB) - 2022
  3. Cereals; Rye, Seed Imports in Belgium
  4. Cereals; Rye, Seed Exports in Belgium

Cereals; Rye, Seed Price in Belgium (CIF) - 2022

In 2022, the average cereals; rye, seed import price amounted to $344 per ton, reducing by -21.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 33% against the previous year. The import price peaked at $439 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($600 per ton), while the price for France ($202 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 (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereals; Rye, Seed Price in Belgium (FOB) - 2022

In 2022, the average cereals; rye, seed export price amounted to $1,155 per ton, jumping by 43% against the previous year. Overall, the export price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 192%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,209 per ton), while the average price for exports to France ($1,085 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 the Netherlands (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.

Cereals; Rye, Seed Imports in Belgium

In 2022, approx. 4.9K tons of cereals; rye, seeds were imported into Belgium; picking up by 50% on the year before. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 69%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cereals; rye, seed imports soared to $1.7M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Cereals; Rye, Seed in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30940473974434.0%
Netherlands2804684193709.7%
AustriaN/A57.936.5281120.3%
Luxembourg2.213167.886.8240.4%
France8.388.718.867.7101.3%
LithuaniaN/A78.312047.7-21.9%
Poland28.943.724.345.015.9%
OthersN/A28.417.358.343.3%
Total6281,3001,4431,70039.4%

Top Suppliers of Cereals; Rye, Seed to Belgium in 2022:

  1. Germany (2641.1 tons)
  2. Netherlands (616.1 tons)
  3. Austria (609.1 tons)
  4. France (336.0 tons)
  5. Luxembourg (306.6 tons)
  6. Lithuania (176.0 tons)
  7. Poland (156.5 tons)

Cereals; Rye, Seed Exports in Belgium

After three years of growth, shipments abroad of cereals; rye, seeds decreased by -24.7% to 125 tons in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 84% against the previous year. As a result, the exports attained the peak of 165 tons, and then contracted markedly in the following year.

In value terms, cereals; rye, seed exports reached $144K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 90% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Cereals; Rye, Seed in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands33.757.085.080.233.5%
France1.38.148.855.5249.5%
LuxembourgN/AN/AN/A8.30%
Portugal9.018.2N/AN/A102.2%
OthersN/AN/AN/AN/A0%
Total43.983.313414448.6%

Top Export Markets for Cereals; Rye, Seed from Belgium in 2022:

  1. Netherlands (66.3 tons)
  2. France (51.1 tons)
  3. Luxembourg (7.2 tons)

Source: IndexBox Market Intelligence Platform

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