Belgium - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSorbitol (Excluding D-Glucitol) Price in Belgium - 2024
Contents:
- Sorbitol (Excluding D-Glucitol) Price in Belgium (CIF) - 2022
- Sorbitol (Excluding D-Glucitol) Price in Belgium (FOB) - 2024
- Sorbitol (Excluding D-Glucitol) Imports in Belgium
- Sorbitol (Excluding D-Glucitol) Exports in Belgium
Sorbitol (Excluding D-Glucitol) Price in Belgium (CIF) - 2022
In 2022, the average sorbitol (excluding d-glucitol) import price amounted to $733 per ton, shrinking by -7.6% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sorbitol (excluding d-glucitol) import price decreased by -17.5% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. The import price peaked at $888 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 Italy ($1,574 per ton), while the price for France ($658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sorbitol (Excluding D-Glucitol) Price in Belgium (FOB) - 2024
In February 2024, the average sorbitol (excluding d-glucitol) export price amounted to $1,637 per ton, waning by -4% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 28% against the previous month. The export price peaked at $2,498 per ton in August 2023; however, from September 2023 to February 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From February 2023 to February 2024, the rate of growth in terms of prices for Germany amounted to +3.7% per month.
Sorbitol (Excluding D-Glucitol) Imports in Belgium
After three years of growth, supplies from abroad of sorbitol (excluding d-glucitol) decreased by -8.1% to 6.8K tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.4% 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 +78.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 58%.
In value terms, sorbitol (excluding d-glucitol) imports shrank significantly to $5M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 87%.
Import of Sorbitol (Excluding D-Glucitol) in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2.5 | 3.5 | 4.1 | 4.0 | 17.0% |
Netherlands | 0.3 | 1.2 | 1.5 | 0.7 | 32.6% |
Italy | N/A | 0.1 | N/A | 0.2 | 41.4% |
Germany | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Others | 0.1 | 0.4 | N/A | 0.1 | 0.0% |
Total | 2.9 | 5.3 | 5.9 | 5.0 | 19.9% |
Top Suppliers of Sorbitol (Excluding D-Glucitol) to Belgium in 2022:
- France (6.0K tons)
- Netherlands (0.5K tons)
- Germany (0.1K tons)
- Italy (0.1K tons)
Sorbitol (Excluding D-Glucitol) Exports in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of sorbitol (excluding d-glucitol), which increased by 11% to 2.8K tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.3% 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 +83.0% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 46%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, sorbitol (excluding d-glucitol) exports skyrocketed to $2.8M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.6% 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 +97.9% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 42% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Sorbitol (Excluding D-Glucitol) in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 528 | 635 | 1,087 | 529 | 0.1% |
Germany | 102 | 195 | 198 | 301 | 43.4% |
France | 147 | 137 | 236 | 276 | 23.4% |
Austria | 167 | 197 | 174 | 270 | 17.4% |
Italy | N/A | N/A | 124 | 233 | 87.9% |
Greece | 204 | 108 | 145 | 227 | 3.6% |
United Kingdom | 190 | 362 | 104 | 225 | 5.8% |
Turkey | N/A | N/A | 76.5 | 224 | 192.8% |
Israel | 15.2 | 48.6 | 41.6 | 132 | 105.5% |
Russia | 3.9 | 132 | 14.5 | 42.2 | 121.2% |
Others | 61.6 | 198 | 137 | 350 | 78.4% |
Total | 1,420 | 2,013 | 2,338 | 2,810 | 25.5% |
Top Export Markets for Sorbitol (Excluding D-Glucitol) from Belgium in 2022:
- Netherlands (429.3 tons)
- Germany (320.8 tons)
- France (306.6 tons)
- Austria (274.1 tons)
- Greece (269.0 tons)
- United Kingdom (223.6 tons)
- Italy (220.2 tons)
- Turkey (208.8 tons)
- Israel (85.6 tons)
- Russia (39.6 tons)
This report provides an in-depth analysis of the sorbitol 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 20595770 - Sorbitol (excluding D-glucitol)
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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