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Belgium - Flours, Meals And Pellets Of Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Meals and Pellet in Belgium - 2023
Contents:
- Price for Fish Meals and Pellet in Belgium (CIF) - 2022
- Price for Fish Meals and Pellet in Belgium (FOB) - 2022
- Imports of Fish Meals and Pellet in Belgium
- Exports of Fish Meals and Pellet in Belgium
Price for Fish Meals and Pellet in Belgium (CIF) - 2022
The average fish meals and pellet import price stood at $20,159 per ton in 2022, increasing by 4.7% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. The import price peaked at $33,291 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Russia ($49,763 per ton), while the price for Germany ($5,812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Meals and Pellet in Belgium (FOB) - 2022
In 2022, the average fish meals and pellet export price amounted to $55,669 per ton, which is down by -16.7% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 an increase of 50%. Over the period under review, the average export prices hit record highs at $66,803 per ton in 2021, and then declined significantly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($101,102 per ton), while the average price for exports to Germany ($16,548 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 UK (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish Meals and Pellet in Belgium
In 2022, fish meals and pellet imports into Belgium surged to 208 tons, rising by 25% on the previous year's figure. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, fish meals and pellet imports skyrocketed to $4.2M in 2022. The total import value increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fish Meals and Pellet in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,111 | 1,497 | 1,521 | 1,677 | 14.7% |
Denmark | 176 | N/A | 1.4 | 807 | 66.1% |
France | 199 | 268 | 917 | 778 | 57.5% |
Turkey | N/A | N/A | N/A | 250 | 0% |
Russia | N/A | N/A | N/A | 245 | 0% |
Hungary | 277 | 357 | 392 | 200 | -10.3% |
Germany | 0.5 | 0.7 | 3.8 | 67.1 | 412.0% |
Netherlands | 572 | 7.3 | 20.2 | 18.9 | -67.9% |
Sweden | 295 | 418 | 78.2 | N/A | -48.5% |
Others | 322 | 496 | 259 | 146 | -23.2% |
Total | 2,951 | 3,045 | 3,192 | 4,189 | 12.4% |
Top Suppliers of Fish Meals and Pellet to Belgium in 2022:
- United States (67.2 tons)
- France (52.7 tons)
- Denmark (38.1 tons)
- Hungary (14.9 tons)
- Turkey (12.0 tons)
- Germany (11.5 tons)
- Russia (4.9 tons)
- Netherlands (1.8 tons)
Exports of Fish Meals and Pellet in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of flours, meals and pellets of fish, when their volume decreased by -8.6% to 33 tons. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 42%.
In value terms, fish meals and pellet exports dropped notably to $1.9M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year.
Export of Fish Meals and Pellet in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 448 | 764 | 763 | 781 | 20.4% |
Netherlands | 319 | 427 | 466 | 298 | -2.2% |
Germany | 141 | 263 | 297 | 243 | 19.9% |
Spain | 152 | 154 | 283 | 243 | 16.9% |
Luxembourg | 58.0 | 70.4 | 190 | 107 | 22.6% |
Italy | 7.0 | 32.2 | 211 | 95.5 | 138.9% |
Switzerland | 1.9 | 2.9 | 12.2 | 38.9 | 173.6% |
Others | 114 | 132 | 225 | 57.0 | -20.6% |
Total | 1,241 | 1,845 | 2,446 | 1,864 | 14.5% |
Top Export Markets for Fish Meals and Pellet from Belgium in 2022:
- Germany (14.7 tons)
- France (8.4 tons)
- Netherlands (3.9 tons)
- Spain (2.4 tons)
- Luxembourg (1.4 tons)
- Italy (1.1 tons)
- Switzerland (1.1 tons)
This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine
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
-
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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