Belgium: Vinegar Market 2024

Vinegar Market Size in Belgium

In 2022, the Belgian vinegar market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a strong increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Vinegar Production in Belgium

In value terms, vinegar production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Vinegar production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vinegar Exports

Exports from Belgium

For the third consecutive year, Belgium recorded growth in shipments abroad of vinegar, which increased by X% to X tons in 2022. Over the period under review, exports posted resilient growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, vinegar exports totaled $X in 2022. In general, exports posted a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of vinegar exports from Belgium, together comprising X% of total exports. The UK, Luxembourg, Germany, Cabo Verde, the United States and Senegal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest markets for vinegar exported from Belgium worldwide, together accounting for X% of total exports. The UK, Germany, the United States, Luxembourg, Cabo Verde and Senegal lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vinegar export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Cabo Verde ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (X%), while the prices for the other major destinations experienced a decline.

Vinegar Imports

Imports into Belgium

In 2022, approx. X tons of vinegar were imported into Belgium; with an increase of X% compared with 2021. Over the period under review, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, vinegar imports rose to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of vinegar to Belgium, with a X% share of total imports. Moreover, vinegar imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

In value terms, the largest vinegar suppliers to Belgium were France ($X), Italy ($X) and the Netherlands ($X), together accounting for X% of total imports. Germany and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 vinegar import price amounted to $X per ton, waning by X% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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