Price for Insects; Live, Other than Bees in Belgium - 2023
Contents:
- Price for Insects; Live, Other than Bees in Belgium (FOB) - 2022
- Price for Insects; Live, Other than Bees in Belgium (CIF) - 2022
- Exports of Insects; Live, Other than Bees in Belgium
- Imports of Insects; Live, Other than Bees in Belgium
Price for Insects; Live, Other than Bees in Belgium (FOB) - 2022
The average export price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, picking up by 3.1% against the previous year. In general, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 56% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($0.1 per thousand units), while the average price for exports to the UK (less than $0.1 per thousand units) 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 (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Insects; Live, Other than Bees in Belgium (CIF) - 2022
In 2022, the average import price for insects; live, other than beeses amounted to less than $0.1 per thousand units, growing by 2.4% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2013 an increase of 323% against the previous year. As a result, import price reached the peak level of $0.1 per thousand units. From 2014 to 2022, the average import prices remained at a lower figure.
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 Morocco ($0.2 per thousand units), while the price for the Czech Republic (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Insects; Live, Other than Bees in Belgium
In 2022, approx. 2,521B units of insects; live, other than beeses were exported from Belgium; shrinking by -14.3% against the year before. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of 2,942B units, and then declined in the following year.
In value terms, insects; live, other than bees exports declined to $56M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. The exports peaked at $64M in 2021, and then dropped in the following year.
| Export of Insects; Live, Other than Bees in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 13.6 | 17.7 | 19.3 | 16.2 | 6.0% |
| Canada | 6.4 | 10.2 | 8.0 | 6.2 | -1.1% |
| United States | 1.8 | 1.0 | 5.3 | 5.5 | 45.1% |
| Spain | 3.1 | 4.2 | 4.8 | 5.1 | 18.1% |
| France | 4.2 | 3.7 | 6.0 | 4.9 | 5.3% |
| United Kingdom | 4.5 | 4.4 | 5.8 | 4.9 | 2.9% |
| Germany | 2.2 | 2.9 | 3.5 | 3.3 | 14.5% |
| Switzerland | 1.0 | 0.9 | 1.1 | 1.1 | 3.2% |
| Others | 7.5 | 8.4 | 9.9 | 9.0 | 6.3% |
| Total | 44.3 | 53.4 | 63.8 | 56.3 | 8.3% |
Top Export Markets for Insects; Live, Other than Bees from Belgium in 2022:
- Netherlands (457.0B units)
- United Kingdom (412.4B units)
- France (393.6B units)
- United States (274.9B units)
- Spain (213.8B units)
- Germany (202.2B units)
- Canada (121.9B units)
- Switzerland (110.5B units)
Imports of Insects; Live, Other than Bees in Belgium
In 2022, the amount of insects; live, other than beeses imported into Belgium contracted dramatically to 2,553B units, shrinking by -16% on the year before. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 197% against the previous year. As a result, imports reached the peak of 3,039B units, and then fell remarkably in the following year.
In value terms, insects; live, other than bees imports declined to $25M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $30M, and then shrank in the following year.
| Import of Insects; Live, Other than Bees in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 10.6 | 11.9 | 12.7 | 11.3 | 2.2% |
| Netherlands | 6.6 | 6.7 | 12.7 | 11.2 | 19.3% |
| Czech Republic | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 1.4 | 2.4 | 3.9 | 2.7 | 24.5% |
| Total | 18.6 | 21.0 | 29.5 | 25.4 | 10.9% |
Top Suppliers of Insects; Live, Other than Bees to Belgium in 2022:
- Netherlands (2308.7B units)
- Czech Republic (93.0B units)
- Morocco (70.8B units)
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