Belgium - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Baking Powder Price in Belgium - 2023
Contents:
- Prepared Baking Powder Price in Belgium (CIF) - 2023
- Prepared Baking Powder Price in Belgium (FOB) - 2022
- Prepared Baking Powder Imports in Belgium
- Prepared Baking Powder Exports in Belgium
Prepared Baking Powder Price in Belgium (CIF) - 2023
In August 2023, the average prepared baking powder import price amounted to $2,952 per ton, dropping by -25.4% against the previous month. Over the period under review, the import price recorded a mild descent. The pace of growth was the most pronounced in January 2023 when the average import price increased by 66% m-o-m. Over the period under review, average import prices attained the maximum at $4,336 per ton in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($6,021 per ton), while the price for the Netherlands ($1,793 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Prepared Baking Powder Price in Belgium (FOB) - 2022
In 2022, the average prepared baking powder export price amounted to $3,200 per ton, rising by 17% against the previous year. Over the period under review, the export price, however, showed a mild slump. The growth pace was the most rapid in 2017 when the average export price increased by 19% against the previous year. The export price peaked at $3,669 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,837 per ton), while the average price for exports to France ($2,365 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 Democratic Republic of the Congo (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Baking Powder Imports in Belgium
Prepared baking powder imports into Belgium surged to 525 tons in 2022, increasing by 23% compared with the previous year's figure. In general, imports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of 872 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, prepared baking powder imports soared to $1.6M in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 69%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Prepared Baking Powder in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 891 | 1,495 | 554 | 702 | -7.6% |
Netherlands | 242 | 202 | 209 | 228 | -2.0% |
Morocco | 1.4 | 291 | 162 | 198 | 421.0% |
Luxembourg | 123 | 94.8 | 138 | 125 | 0.5% |
France | 60.3 | 85.1 | 123 | 119 | 25.4% |
United Kingdom | 0.2 | 6.9 | 5.4 | 76.3 | 625.3% |
Others | 85.7 | 189 | 134 | 115 | 10.3% |
Total | 1,403 | 2,364 | 1,326 | 1,563 | 3.7% |
Top Suppliers of Prepared Baking Powder to Belgium in 2022:
- Germany (296.9 tons)
- Netherlands (65.5 tons)
- Morocco (49.3 tons)
- Luxembourg (44.1 tons)
- United Kingdom (28.4 tons)
- France (17.8 tons)
Prepared Baking Powder Exports in Belgium
In 2022, overseas shipments of prepared baking powders decreased by -38.8% to 193 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 391 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, prepared baking powder exports dropped notably to $618K in 2022. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Prepared Baking Powder in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 274 | 286 | 317 | 257 | -2.1% |
Luxembourg | 175 | 245 | 143 | 109 | -14.6% |
United Kingdom | 16.8 | 31.4 | 58.8 | 96.2 | 78.9% |
United States | N/A | N/A | 47.2 | 66.5 | 40.9% |
Democratic Republic of the Congo | 275 | 423 | 52.8 | 50.9 | -43.0% |
Burundi | 14.3 | 7.9 | 15.4 | 12.3 | -4.9% |
Others | 24.7 | 121 | 230 | 26.1 | 1.9% |
Total | 780 | 1,114 | 865 | 618 | -7.5% |
Top Export Markets for Prepared Baking Powder from Belgium in 2022:
- France (108.8 tons)
- United Kingdom (25.7 tons)
- Luxembourg (23.5 tons)
- Democratic Republic of the Congo (12.1 tons)
- United States (11.4 tons)
- Burundi (2.9 tons)
This report provides an in-depth analysis of the prepared baking powder 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.
Product coverage:
- Prodcom 10891370 - Prepared baking powders
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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