Belgium: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in Belgium

The Belgian prepared dish and meal market expanded markedly to $X in 2021, increasing by 5.6% against the previous year. Over the period under review, consumption saw a noticeable reduction. The growth pace was the most rapid in 2020 with an increase of 7.5%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Prepared Dishes And Meals in Belgium

In value terms, prepared dish and meal production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of 16%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Prepared Dishes And Meals

Exports from Belgium

In 2021, prepared dish and meal exports from Belgium rose to X tons, increasing by 1.7% against 2020 figures. The total export volume increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, prepared dish and meal exports soared to $X in 2021. In general, total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.5% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), the Netherlands (X tons) and the UK (X tons) were the main destinations of prepared dish and meal exports from Belgium, with a combined 44% share of total exports. These countries were followed by France, Spain, Sweden, Italy, the United Arab Emirates, the United States, Poland, Hungary and Japan, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +26.0%), while shipments for 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 prepared dish and meal exported from Belgium worldwide, with a combined 41% share of total exports. The UK, Italy, Spain, the United States, Poland, Sweden, Hungary, the United Arab Emirates and Japan lagged somewhat behind, together comprising a further 30%.

Hungary, with a CAGR of +31.2%, saw 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 prepared dish and meal export price stood at $X per ton in 2021, picking up by 15% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Hungary (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into Belgium

In 2021, supplies from abroad of prepared dishes and meals decreased by -2% to X tons for the first time since 2015, thus ending a five-year rising trend. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +59.2% against 2015 indices. The growth pace was the most rapid in 2016 when imports increased by 28%. Over the period under review, imports attained the maximum at X tons in 2020, and then reduced modestly in the following year.

In value terms, prepared dish and meal imports skyrocketed to $X in 2021. Overall, total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.6% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of 21%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main suppliers of prepared dish and meal imports to Belgium, with a combined 80% share of total imports. Italy, Spain, Brazil and the UK lagged somewhat behind, together accounting for a further 9.8%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +42.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared dish and meal suppliers to Belgium were the Netherlands ($X), France ($X) and Germany ($X), together comprising 68% of total imports. These countries were followed by Italy, Brazil, the UK and Spain, which together accounted for a further 12%.

In terms of the main suppliers, Brazil, with a CAGR of +41.7%, saw the highest rates of growth with regard to 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

In 2021, the average prepared dish and meal import price amounted to $X per ton, picking up by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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