Belgium: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Belgium

In 2021, the Belgian peach and nectarine market increased by 0.3% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a mild downturn. Peach and nectarine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Peach And Nectarine Exports

Exports from Belgium

Peach and nectarine exports from Belgium expanded sharply to X tons in 2021, with an increase of 12% against the year before. In general, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of 36% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, peach and nectarine exports expanded significantly to $X in 2021. Over the period under review, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Estonia (X tons) and Luxembourg (X tons) were the main destinations of peach and nectarine exports from Belgium, with a combined 75% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +37.3%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Estonia ($X) and Luxembourg ($X) were the largest markets for peach and nectarine exported from Belgium worldwide, together accounting for 71% of total exports.

In terms of the main countries of destination, Estonia, with a CAGR of +46.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2021, which is down by -4.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2020 when the average export price increased by 25%. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Poland ($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 Russia (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into Belgium

In 2021, approx. X tons of peaches and nectarines were imported into Belgium; shrinking by -4.1% compared with the previous year. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 15%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, peach and nectarine imports expanded slightly to $X in 2021. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest peach and nectarine supplier to Belgium, with a 66% share of total imports. Moreover, peach and nectarine imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. France (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled -9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.6% per year) and France (-13.3% per year).

In value terms, Spain ($X) constituted the largest supplier of peach and nectarine to Belgium, comprising 61% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-8.8% per year) and Germany (-2.4% per year).

Import Prices by Country

In 2021, the average peach and nectarine import price amounted to $X per ton, rising by 9.4% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine import price increased by +72.8% against 2015 indices. The growth pace was the most rapid in 2020 when the average import price increased by 41%. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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