Belgium: Market for Smoked Fish Other than Salmon and Herring 2025

Market Size for Smoked Fish Other than Salmon and Herring in Belgium

The Belgian market for smoked fish other than salmon and herring declined to $X in 2021, shrinking by -12.6% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Smoked Fish Other than Salmon and Herring in Belgium

In value terms, production of smoked fish other than salmon and herring expanded slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2017 when the production volume increased by 2.5%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Smoked Fish Other than Salmon and Herring

Exports from Belgium

In 2021, exports of smoked fish other than salmon and herring from Belgium declined to X tons, which is down by -11.7% against the previous year's figure. In general, total exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -33.8% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by 27%. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of smoked fish other than salmon and herring contracted to $X in 2021. Overall, exports, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2018 with an increase of 77% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for exports of smoked fish other than salmon and herring from Belgium, with a 46% share of total exports. Moreover, exports of smoked fish other than salmon and herring to France exceeded the volume sent to the second major destination, Luxembourg (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+3.2% per year) and Germany (+19.7% per year).

In value terms, France ($X) remains the key foreign market for smoked fish other than salmon and herring exports from Belgium, comprising 46% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total exports. It was followed by Luxembourg, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+0.5% per year) and Luxembourg (+3.0% per year).

Export Prices by Country

The average export price for smoked fish other than salmon and herring stood at $X per ton in 2021, rising by 6.8% against the previous year. In general, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for smoked fish other than salmon and herring decreased by -13.0% against 2019 indices. The pace of growth was the most pronounced in 2018 an increase of 60%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($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 the UK (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Smoked Fish Other than Salmon and Herring

Imports into Belgium

In 2021, imports of smoked fish other than salmon and herring into Belgium contracted dramatically to X tons, which is down by -18.5% against 2020. Over the period under review, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +2.0% 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 +47.0% against 2014 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. As a result, imports attained the peak of X tons, and then shrank dramatically in the following year.

In value terms, imports of smoked fish other than salmon and herring shrank markedly to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.5% 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 +38.3% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of 47%. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of smoked fish other than salmon and herring to Belgium, accounting for a 52% share of total imports. Moreover, imports of smoked fish other than salmon and herring from the Netherlands exceeded the figures recorded by the second-largest supplier, Denmark (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-1.2% per year) and Germany (+13.8% per year).

In value terms, the largest smoked fish other than salmon and herring suppliers to Belgium were the Netherlands ($X), Denmark ($X) and Germany ($X), with a combined 92% share of total imports. France, Spain, Sweden and the UK lagged somewhat behind, together accounting for a further 5.2%.

Sweden, with a CAGR of +23.3%, recorded the highest rates of growth with regard to 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

The average import price for smoked fish other than salmon and herring stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Sweden ($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 (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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