Belgium - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in Belgium - 2023
Contents:
- Orange Price in Belgium (CIF) - 2023
- Orange Price in Belgium (FOB) - 2022
- Orange Imports in Belgium
- Orange Exports in Belgium
Orange Price in Belgium (CIF) - 2023
In August 2023, the average orange import price amounted to $1,313 per ton, growing by 19% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 35% against the previous month. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($2,171 per ton), while the price for Turkey ($960 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Orange Price in Belgium (FOB) - 2022
The average orange export price stood at $1,022 per ton in 2022, approximately equating the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 46% against the previous year. As a result, the export price attained the peak level of $1,184 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($1,410 per ton), while the average price for exports to Germany ($746 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Orange Imports in Belgium
In 2022, orange imports into Belgium expanded slightly to 104K tons, rising by 2.3% against 2021 figures. Overall, imports showed modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 5.5% against the previous year. As a result, imports attained the peak of 106K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, orange imports reduced to $101M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of $122M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Orange in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 50.7 | 54.4 | 50.0 | 53.6 | 1.9% |
| Netherlands | 19.9 | 28.2 | 23.5 | 18.3 | -2.8% |
| Germany | 9.7 | 16.6 | 14.4 | 9.3 | -1.4% |
| South Africa | 6.5 | 12.7 | 7.0 | 8.5 | 9.4% |
| Italy | 4.1 | 4.1 | 5.3 | 4.2 | 0.8% |
| France | 2.3 | 3.3 | 2.9 | 3.0 | 9.3% |
| Egypt | 1.1 | 1.5 | 2.2 | 1.0 | -3.1% |
| Others | 1.5 | 1.3 | 6.1 | 2.8 | 23.1% |
| Total | 95.7 | 122 | 111 | 101 | 1.8% |
Top Suppliers of Orange to Belgium in 2022:
- Spain (53.4K tons)
- Netherlands (20.1K tons)
- South Africa (10.2K tons)
- Germany (9.5K tons)
- Italy (3.1K tons)
- France (2.1K tons)
- Egypt (1.8K tons)
Orange Exports in Belgium
In 2022, overseas shipments of oranges decreased by -7.1% to 11K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when exports increased by 18%. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, orange exports declined to $11M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.6% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 73% against the previous year. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Orange in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.7 | 6.3 | 3.1 | 4.9 | 22.0% |
| Luxembourg | 3.6 | 4.0 | 3.6 | 2.8 | -8.0% |
| France | 1.0 | 2.0 | 1.9 | 1.8 | 21.6% |
| Germany | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
| Austria | N/A | N/A | N/A | 0.3 | 0% |
| Spain | 0.2 | 0.6 | 2.3 | 0.2 | 0.0% |
| Others | 0.4 | 0.5 | 0.2 | 0.3 | -9.1% |
| Total | 7.9 | 13.6 | 11.5 | 10.8 | 11.0% |
Top Export Markets for Orange from Belgium in 2022:
- Netherlands (5.0K tons)
- Luxembourg (2.3K tons)
- France (1.9K tons)
- Germany (0.8K tons)
- Austria (0.2K tons)
- Spain (0.2K tons)
This report provides an in-depth analysis of the orange 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:
- FCL 490 - Oranges
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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