Belgium: Fish Parts Market 2024

Fish Parts Market Size in Belgium

In 2023, the Belgian fish parts market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption showed a noticeable contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Fish Parts Production in Belgium

In value terms, fish parts production reduced to $X in 2023 estimated in export price. In general, production, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

Fish Parts Exports

Exports from Belgium

For the fifth year in a row, Belgium recorded decline in overseas shipments of fish heads, tails and maws, which decreased by X% to X tons in 2023. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, fish parts exports declined sharply to $X in 2023. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X tons) was the main destination for fish parts exports from Belgium, with a X% share of total exports. Moreover, fish parts exports to Luxembourg exceeded the volume sent to the second major destination, Spain (X tons), tenfold. Senegal (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Luxembourg stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Senegal (X% per year).

In value terms, Luxembourg ($X) remains the key foreign market for fish heads, tails and maws exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Luxembourg totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and Spain (X% per year).

Export Prices by Country

The average fish parts export price stood at $X per ton in 2023, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (X%), while the prices for the other major destinations experienced mixed trend patterns.

Fish Parts Imports

Imports into Belgium

For the fourth consecutive year, Belgium recorded decline in supplies from abroad of fish heads, tails and maws, which decreased by X% to X tons in 2023. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, fish parts imports surged to $X in 2023. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest fish parts supplier to Belgium, with a X% share of total imports. Moreover, fish parts imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), ninefold.

From 2012 to 2023, the average annual rate of growth in terms of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Denmark (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of fish heads, tails and maws to Belgium, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Denmark (X% per year).

Import Prices by Country

The average fish parts import price stood at $X per ton in 2023, growing by X% against the previous year. In general, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform