Belgium: Broken Rice Market 2020

Broken Rice Exports

Exports from Belgium

In 2018, the amount of broken rice exported from Belgium totaled X tons, increasing by X% against the previous year. Overall, the total exports indicated a remarkable expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, broken rice exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, broken rice exports stood at $X in 2018. Over the period under review, the total exports indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, broken rice exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

Exports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main destinations of broken rice exports from Belgium, with a combined X% share of total exports. The UK, the Czech Republic, Italy and Sweden lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Sweden, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the largest markets for broken rice exported from Belgium worldwide, together accounting for X% of total exports. The UK, the Czech Republic, Italy and Sweden lagged somewhat behind, together accounting for a further X the main countries of destination, Sweden experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average broken rice export price stood at $X per ton in 2018, rising by X% against the previous year. Overall, the broken rice export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for broken rice attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for broken rice remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the countries with the highest prices were Germany ($X per ton) and Sweden ($X per ton), while the average price for exports to the UK ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced a decline.

Broken Rice Imports

Imports into Belgium

In 2018, the amount of broken rice imported into Belgium stood at X tons, waning by -X% against the previous year. Overall, broken rice imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. In that year, broken rice imports attained their peak of X tons, and then declined slightly in the following year.

In value terms, broken rice imports totaled $X in 2018. Overall, the total imports indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, broken rice imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, Myanmar (X tons) constituted the largest supplier of broken rice to Belgium, accounting for a X% share of total imports. Moreover, broken rice imports from Myanmar exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), eightfold. The third position in this ranking was occupied by Thailand (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Myanmar totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (-X% per year) and Thailand (+X% per year).

In value terms, Myanmar ($X) constituted the largest supplier of broken rice to Belgium, comprising X% of total broken rice imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Myanmar stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Kazakhstan (-X% per year).

Import Prices by Country

The average broken rice import price stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the broken rice import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. In that year, the average import prices for broken rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for broken rice failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Thailand ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform