Belgium: Canned Food Market 2024

Canned Food Market Size in Belgium

In 2021, the Belgian canned food market decreased by -6.8% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a noticeable slump. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Canned Food Production in Belgium

In value terms, canned food production fell slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 with an increase of 11% against the previous year. Canned food production peaked at $X in 2020, and then reduced in the following year.

Canned Food Exports

Exports from Belgium

In 2021, approx. X tons of canned food were exported from Belgium; falling by -3.6% against the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports attained the peak of X tons, and then declined slightly in the following year.

In value terms, canned food exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +1.3% from 2012 to 2021; 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 23% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main destinations of canned food exports from Belgium, together comprising 58% of total exports. These countries were followed by the UK, Sweden, Luxembourg, Denmark, the United States and Italy, which together accounted for a further 19%.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +27.4%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for canned food exports from Belgium, comprising 32% of total exports. The second position in the ranking was taken by France ($X), with a 15% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2020, the average annual rate of growth in terms of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-1.4% per year) and Germany (+0.9% per year).

Export Prices by Country

In 2020, the average canned food export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 8.8% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2020, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports

Imports into Belgium

In 2021, imports of canned food into Belgium shrank slightly to X tons, with a decrease of -4.3% against the previous year. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of X tons, and then reduced modestly in the following year.

In value terms, canned food imports reached $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2020, the Netherlands (X tons) constituted the largest canned food supplier to Belgium, with a 39% share of total imports. Moreover, canned food imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Italy (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2020, the average annual growth rate of volume from the Netherlands totaled +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.3% per year) and Italy (+0.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of canned food to Belgium, comprising 40% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports. It was followed by Germany, with a 9.2% share.

From 2012 to 2020, the average annual growth rate of value from the Netherlands amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.0% per year) and Germany (-4.2% per year).

Import Prices by Country

In 2020, the average canned food import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price saw a mild slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 8.8%. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hungary (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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