Mandarins Price in Belgium - 2023
Contents:
- Mandarins Price in Belgium (CIF) - 2022
- Mandarins Price in Belgium (FOB) - 2023
- Mandarins Imports in Belgium
- Mandarins Exports in Belgium
Mandarins Price in Belgium (CIF) - 2022
In 2022, the average mandarins import price amounted to $1,614 per ton, growing by 6.4% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2020 an increase of 7.4%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 Germany ($2,100 per ton), while the price for South Africa ($1,011 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Belgium (FOB) - 2023
In June 2023, the average mandarins export price amounted to $1,561 per ton, approximately reflecting the previous month. In general, export price indicated a buoyant expansion from June 2022 to June 2023: its price increased at an average monthly rate of +8.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, mandarins export price decreased by -0.6% against April 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 66% against the previous month. Over the period under review, the average export prices attained the maximum at $1,570 per ton in April 2023; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($2,894 per ton), while the average price for exports to Germany ($859 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Mandarins Imports in Belgium
For the fourth consecutive year, Belgium recorded growth in supplies from abroad of fruit, edible, which increased by 38% to 17K tons in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, mandarins imports soared to $27M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mandarins in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.3 | 6.3 | 6.5 | 15.4 | 53.0% |
| Netherlands | 3.7 | 4.4 | 5.7 | 5.3 | 12.7% |
| Germany | 0.8 | 1.0 | 1.3 | 2.2 | 40.1% |
| South Africa | 1.1 | 0.6 | 1.6 | 1.9 | 20.0% |
| Morocco | 0.3 | 0.4 | 0.1 | 0.9 | 44.2% |
| France | 0.6 | 1.0 | 0.9 | 0.5 | -5.9% |
| Cyprus | 0.8 | 0.8 | 0.7 | 0.5 | -14.5% |
| Others | 0.7 | 0.6 | 1.8 | 0.5 | -10.6% |
| Total | 12.2 | 15.2 | 18.6 | 27.2 | 30.6% |
Top Suppliers of Mandarins to Belgium in 2022:
- Spain (9.2K tons)
- Netherlands (3.0K tons)
- South Africa (1.9K tons)
- Germany (1.1K tons)
- Morocco (0.7K tons)
- Cyprus (0.4K tons)
- France (0.3K tons)
Mandarins Exports in Belgium
In 2022, approx. 2.7K tons of fruit, edible were exported from Belgium; with an increase of 16% against 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 150%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, mandarins exports expanded sharply to $3.5M in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 152% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Mandarins in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 69.2 | 490 | 922 | 2,132 | 213.5% |
| Luxembourg | 101 | 448 | 423 | 769 | 96.7% |
| France | 152 | 158 | 161 | 438 | 42.3% |
| Russia | 155 | 187 | 53.2 | 86.5 | -17.7% |
| Spain | 0.8 | N/A | 34.3 | 75.6 | 355.5% |
| Hungary | 451 | N/A | N/A | N/A | 0% |
| Poland | N/A | N/A | 1,332 | N/A | 0% |
| Others | 9.1 | 26.6 | 366 | 16.9 | 22.9% |
| Total | 938 | 1,309 | 3,292 | 3,519 | 55.4% |
Top Export Markets for Mandarins from Belgium in 2022:
- Netherlands (1840.6 tons)
- Luxembourg (361.3 tons)
- France (360.9 tons)
- Spain (75.6 tons)
- Russia (57.2 tons)
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