Benelux: Fructose Market 2024

Fructose Market Size in Benelux

In 2021, the Benelux fructose market decreased by -8.2% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a perceptible downturn. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Fructose Production in Benelux

In value terms, fructose production dropped to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +20.8% against 2014 indices. The growth pace was the most rapid in 2013 when the production volume increased by 44%. Over the period under review, production hit record highs at $X in 2020, and then shrank in the following year.

Fructose Exports

Exports in Benelux

In 2021, exports of fructose and fructose syrup in Benelux soared to X tons, jumping by 20% on the previous year. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +83.9% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fructose exports expanded to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.9% against 2015 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

The biggest shipments were from the Netherlands (X tons) and Belgium (X tons), together finishing at 99.9% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +9.9%).

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

In terms of the main exporting countries, the Netherlands, with a CAGR of +8.3%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, reducing by -15.1% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 18%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, 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 Belgium (-1.0%).

Fructose Imports

Imports in Benelux

In 2021, imports of fructose and fructose syrup in Benelux soared to X tons, surging by 22% on the year before. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 24% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, fructose imports soared to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by 26% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the major importer of fructose and fructose syrup, committing 63% of total imports. It was distantly followed by Belgium (X tons), creating a 37% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +1.3%).

In value terms, the Netherlands ($X) constitutes the largest market for imported fructose and fructose syrup in Benelux, comprising 71% of total imports. The second position in the ranking was held by Belgium ($X), with a 29% share of total imports.

In the Netherlands, fructose imports expanded at an average annual rate of +2.3% over the period from 2012-2021.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, rising by 2.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by 6.1% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, 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 (+1.0%).

Source: IndexBox Platform