Belgium - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wheat and Meslin Flour in Belgium - 2023
Contents:
- Price for Wheat and Meslin Flour in Belgium (FOB) - 2023
- Price for Wheat and Meslin Flour in Belgium (CIF) - 2023
- Exports of Wheat and Meslin Flour in Belgium
- Imports of Wheat and Meslin Flour in Belgium
Price for Wheat and Meslin Flour in Belgium (FOB) - 2023
The average wheat and meslin flour export price stood at $642 per ton in July 2023, falling by -3.8% against the previous month. Over the period under review, export price indicated noticeable growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, wheat and meslin flour export price decreased by -21.3% against May 2023 indices. The pace of growth was the most pronounced in May 2023 when the average export price increased by 20% m-o-m. As a result, the export price attained the peak level of $817 per ton. From June 2023 to July 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In July 2023, the highest price was recorded for prices to France ($684 per ton) and the Netherlands ($615 per ton), while the average price for exports to Ireland ($592 per ton) and Poland ($612 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wheat and Meslin Flour in Belgium (CIF) - 2023
In July 2023, the average wheat and meslin flour import price amounted to $737 per ton, remaining relatively unchanged against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 16% month-to-month. The import price peaked at $849 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,498 per ton), while the price for Luxembourg ($625 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wheat and Meslin Flour in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of wheat and meslin flour, when their volume decreased by -10.5% to 308K tons. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 7.9% against the previous year.
In value terms, wheat and meslin flour exports expanded sharply to $154M in 2022. The total export value increased at an average annual rate of +11.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 15%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Wheat and Meslin Flour in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 88.5 | 96.0 | 106 | 112 | 8.2% |
France | 11.3 | 11.8 | 17.7 | 22.8 | 26.4% |
Poland | 0.3 | 0.2 | 1.7 | 5.3 | 160.4% |
Ireland | 1.3 | 2.0 | 2.4 | 2.9 | 30.7% |
Others | 11.1 | 10.7 | 11.9 | 11.2 | 0.3% |
Total | 113 | 121 | 139 | 154 | 10.9% |
Top Export Markets for Wheat and Meslin Flour from Belgium in 2022:
- Netherlands (234.4K tons)
- France (38.8K tons)
- Poland (10.0K tons)
- Ireland (5.7K tons)
Imports of Wheat and Meslin Flour in Belgium
In 2022, approx. 107K tons of wheat and meslin flour were imported into Belgium; remaining stable against 2021. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, wheat and meslin flour imports surged to $65M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Wheat and Meslin Flour in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.2 | 14.7 | 16.5 | 20.6 | 22.5% |
Netherlands | 8.8 | 9.7 | 12.3 | 15.6 | 21.0% |
Luxembourg | 7.1 | 9.5 | 13.3 | 13.6 | 24.2% |
France | 5.8 | 5.8 | 6.6 | 9.7 | 18.7% |
Italy | 1.7 | 2.5 | 2.8 | 3.4 | 26.0% |
United Kingdom | 2.0 | 1.4 | 0.7 | N/A | -40.8% |
Others | 0.5 | 1.3 | 1.0 | 1.6 | 47.4% |
Total | 37.1 | 45.0 | 53.1 | 64.5 | 20.2% |
Top Suppliers of Wheat and Meslin Flour to Belgium in 2022:
- Germany (41.5K tons)
- Luxembourg (25.6K tons)
- Netherlands (21.5K tons)
- France (13.0K tons)
- Italy (3.3K tons)
- United Kingdom (0.1K tons)
This report provides an in-depth analysis of the market for wheat and meslin flour 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:
- FCL 16 - Flour of Wheat
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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Explore the top import markets for wheat and meslin flour in 2023, including key statistics and insights. Learn about the significant players in the global market for these essential food products.
Explore the top import markets for wheat and meslin flour in 2023, including key statistics and insights. Learn about the significant players in the global market for these essential food products.