Belgium: Market for Lucerne (Alfalfa) Meal And Pellets 2025

Market Size for Lucerne (Alfalfa) Meal And Pellets in Belgium

The Belgian lucerne meal and pellets market was estimated at $X in 2021, leveling off at 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, however, recorded a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports from Belgium

In 2021, exports of lucerne (alfalfa) meal and pellets from Belgium shrank remarkably to X tons, waning by -15.9% compared with 2020 figures. In general, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 77% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, lucerne meal and pellets exports rose sharply to $X in 2021. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 41%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main destinations of lucerne meal and pellets exports from Belgium, together comprising 96% of total exports. These countries were followed by Saint Lucia, which accounted for a further 3.3%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saint Lucia (with a CAGR of +219.5%), while the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the largest markets for lucerne meal and pellets exported from Belgium worldwide, together accounting for 94% of total exports. These countries were followed by Saint Lucia, which accounted for a further 3.7%.

Among the main countries of destination, Saint Lucia, with a CAGR of +271.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average lucerne meal and pellets export price amounted to $X per ton, rising by 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Saint Lucia ($X per ton), while the average price for exports to the Netherlands ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saint Lucia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports into Belgium

In 2021, supplies from abroad of lucerne (alfalfa) meal and pellets increased by 1.7% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 13%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, lucerne meal and pellets imports amounted to $X in 2021. Overall, imports, however, continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of lucerne meal and pellets to Belgium, with a 84% share of total imports. Moreover, lucerne meal and pellets imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled -3.8%.

In value terms, France ($X) constituted the largest supplier of lucerne (alfalfa) meal and pellets to Belgium, comprising 78% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to -4.2%.

Import Prices by Country

The average lucerne meal and pellets import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 15% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.3%).

Source: IndexBox Platform

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