Belgium: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Belgium

The Belgian wheat and meslin flour market totaled $X in 2022, rising by 12% against the previous year. Overall, consumption continues to indicate a mild descent. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Wheat and Meslin Flour in Belgium

In value terms, wheat and meslin flour production rose significantly to $X in 2022 estimated in export price. Overall, production continues to indicate a mild decrease. Wheat and meslin flour production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Wheat and Meslin Flour

Exports from Belgium

After two years of growth, overseas shipments of wheat and meslin flour decreased by -10.5% to X tons in 2022. Over the period under review, exports saw a perceptible decline. The growth pace was the most rapid in 2015 with an increase of 11%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wheat and meslin flour exports totaled $X in 2022. In general, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for wheat and meslin flour exports from Belgium, with a 76% share of total exports. Moreover, wheat and meslin flour exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), sixfold. Poland (X tons) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-1.4% per year) and Poland (+28.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for wheat and meslin flour exports from Belgium, comprising 73% of total exports. The second position in the ranking was taken by France ($X), with a 15% share of total exports. It was followed by Poland, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands stood at -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.2% per year) and Poland (+22.5% per year).

Export Prices by Country

In 2022, the average wheat and meslin flour export price amounted to $X per ton, growing by 24% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Democratic Republic of the Congo ($X per ton) and France ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Angola ($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 Democratic Republic of the Congo (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into Belgium

In 2022, purchases abroad of wheat and meslin flour increased by 1% to X tons, rising for the third year in a row after two years of decline. Overall, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wheat and meslin flour imports surged to $X in 2022. In general, imports, however, recorded a slight setback. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Luxembourg (X tons) and the Netherlands (X tons) were the main suppliers of wheat and meslin flour imports to Belgium, together comprising 83% of total imports. France, Italy and the UK lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +9.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the largest wheat and meslin flour suppliers to Belgium, together accounting for 77% of total imports. France, Italy and the UK lagged somewhat behind, together accounting for a further 20%.

In terms of the main suppliers, Italy, with a CAGR of +13.2%, recorded the highest rates of growth with regard to 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 wheat and meslin flour import price amounted to $X per ton, picking up by 20% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2013 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($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 (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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