Report Update Nov 1, 2024

Belgium - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Belgium: Market for Flours, Meals And Pellets Of Fish 2024

Market Size for Flours, Meals And Pellets Of Fish in Belgium

The Belgian fish meals and pellet market skyrocketed to $X in 2021, surging by 47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a buoyant increase. Fish meals and pellet consumption peaked in 2021 and is expected to retain growth in years to come.

Exports of Flours, Meals And Pellets Of Fish

Exports from Belgium

In 2021, shipments abroad of flours, meals and pellets of fish increased by 16% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports posted a strong expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 177% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, fish meals and pellet exports surged to $X in 2021. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2019 with an increase of 191%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of fish meals and pellet exports from Belgium, together accounting for 67% of total exports. These countries were followed by Spain, Luxembourg, Italy, Latvia and the UK, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +2,653.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fish meals and pellet exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), together accounting for 62% of total exports. These countries were followed by Spain, Italy, Luxembourg, Latvia and the UK, which together accounted for a further 35%.

Latvia, with a CAGR of +2,216.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fish meals and pellet export price stood at $X per ton in 2021, picking up by 14% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 50%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Fish

Imports into Belgium

Fish meals and pellet imports into Belgium skyrocketed to X tons in 2021, with an increase of 81% against 2020. Over the period under review, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fish meals and pellet imports expanded to $X in 2021. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 78%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

The United States (X tons), France (X tons) and Hungary (X tons) were the main suppliers of fish meals and pellet imports to Belgium, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +114.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Hungary ($X) constituted the largest fish meals and pellet suppliers to Belgium, together accounting for 89% of total imports.

Among the main suppliers, the United States, with a CAGR of +122.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fish meals and pellet import price stood at $X per ton in 2021, shrinking by -42.2% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 58%. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then contracted rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flours, meals and pellets of fish in the world?

The country with the largest volume of fish meals and pellet consumption was China, comprising approx. 17% of total volume. Moreover, fish meals and pellet consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan, threefold. The third position in this ranking was occupied by the United States, with a 5.9% share.

What are the largest producers of flours, meals and pellets of fish in the world?

China constituted the country with the largest volume of fish meals and pellet production, accounting for 20% of total volume. Moreover, fish meals and pellet production in China exceeded the figures recorded by the second-largest producer, Pakistan, threefold. The United States ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of flours, meals and pellets of fish to Belgium?

In value terms, the United States constituted the largest supplier of fish meals and pellet to Belgium, comprising 49% of total imports. The second position in the ranking was occupied by Sweden, with a 14% share of total imports. It was followed by Hungary, with a 12% share.

What are the leading importers of flours, meals and pellets of fish from Belgium?

In value terms, France, the Netherlands and Germany constituted the largest markets for fish meals and pellet exported from Belgium worldwide, with a combined 79% share of total exports.

What is the average export price for flours, meals and pellets of fish in Belgium?

The average fish meals and pellet export price stood at $11,658 per ton in 2020, surging by 2.3% against the previous year.

What is the average import price for flours, meals and pellets of fish in Belgium?

The average fish meals and pellet import price stood at $33,426 per ton in 2020, jumping by 158% against the previous year.

This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023