Belgium: Oil Crops Market 2025

Oil Crops Market Size in Belgium

In 2022, the Belgian oil crops market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Oil crops consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Oil Crops Production in Belgium

In value terms, oil crops production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of oil crops (primary) in Belgium contracted rapidly to X tons per ha in 2022, with a decrease of X% compared with 2021 figures. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha, and then shrank significantly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of oil crops (primary) production in Belgium surged to X ha, jumping by X% against the previous year's figure. Overall, the harvested area, however, saw a noticeable decline. Over the period under review, the harvested area dedicated to oil crops production attained the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Oil Crops Exports

Exports from Belgium

In 2022, oil crops exports from Belgium skyrocketed to X tons, increasing by X% against the year before. In general, exports posted a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, oil crops exports soared to $X in 2022. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for oil crops exports from Belgium, accounting for a X% share of total exports. Moreover, oil crops exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), sevenfold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the UK (X% per year).

In value terms, Germany ($X) remains the key foreign market for oil crops (primary) exports from Belgium, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average oil crops export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oil crops export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and France ($X per ton), while the average price for exports to the Netherlands ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports

Imports into Belgium

In 2022, imports of oil crops (primary) into Belgium skyrocketed to X tons, rising by X% against the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, oil crops imports surged to $X in 2022. In general, imports saw a tangible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia (X tons), France (X tons) and Ukraine (X tons) were the main suppliers of oil crops imports to Belgium, with a combined X% share of total imports. Brazil, Canada, Russia, Romania, Kazakhstan, the Netherlands and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oil crops suppliers to Belgium were Australia ($X), France ($X) and Ukraine ($X), together accounting for X% of total imports. Romania, Brazil, Russia, Canada, Kazakhstan, the Netherlands and the UK lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average oil crops import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oil crops import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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