Benelux: Baby Food Market 2024

Baby Food Market Size in Benelux

In 2021, after two years of decline, there was significant growth in the Benelux baby food market, when its value increased by 12% to $X. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Baby Food Production in Benelux

In value terms, baby food production fell dramatically to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 25%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Baby Food Exports

Exports in Benelux

In 2021, baby food exports in Benelux dropped markedly to X tons, shrinking by -19.9% against the previous year's figure. The total export volume increased at an average annual rate of +2.1% 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 2016 with an increase of 19% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, baby food exports contracted remarkably to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 39% against the previous year. The level of export peaked at $X in 2020, and then shrank notably in the following year.

Exports by Country

The Netherlands dominates exports structure, accounting for X tons, which was approx. 90% of total exports in 2021. It was distantly followed by Belgium (X tons), committing a 9.6% share of total exports.

The Netherlands was also the fastest-growing in terms of the food preparations for infants exports, with a CAGR of +2.3% from 2012 to 2021. At the same time, Belgium (+1.2%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest baby food supplier in Benelux, comprising 96% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.4% share of total exports.

In the Netherlands, baby food exports increased at an average annual rate of +5.5% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, rising by 3.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2014 when the export price increased by 24%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%).

Baby Food Imports

Imports in Benelux

In 2021, the amount of food preparations for infants imported in Benelux shrank sharply to X tons, which is down by -26.4% on 2020. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when imports increased by 53% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, baby food imports shrank markedly to $X in 2021. Overall, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 when imports increased by 57% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) and Belgium (X tons) was the largest importer of food preparations for infants in Benelux, creating 99% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +9.8%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021.

The Netherlands, with a CAGR of +13.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, surging by 8.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2013 when the import price increased by 15%. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%).

Source: IndexBox Platform