Benelux: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Benelux

The Benelux non-wheat groats market dropped modestly to $X in 2021, leveling off at the previous year. Over the period under review, consumption, however, continues to indicate a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Non-Wheat Groats Production in Benelux

In value terms, non-wheat groats production contracted modestly to $X in 2021 estimated in export price. Overall, production recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 with an increase of 23%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Non-Wheat Groats Exports

Exports in Benelux

In 2021, non-wheat groats exports in Benelux reduced to X tons, shrinking by -14.7% compared with the previous year. Total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.5% 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 +53.0% against 2017 indices. The pace of growth was the most pronounced in 2020 when exports increased by 65%. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, non-wheat groats exports fell to $X in 2021. In general, exports, however, showed perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium dominates exports structure, accounting for X tons, which was near 96% of total exports in 2021. The Netherlands (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-wheat groats exports from Belgium stood at +3.5%. At the same time, the Netherlands (+4.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +4.0% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest non-wheat groats supplier in Benelux, comprising 88% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Belgium amounted to +2.3%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, surging by 15% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices 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 stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.0%).

Non-Wheat Groats Imports

Imports in Benelux

In 2021, approx. X tons of groats and meal of cereals (excluding wheat) were imported in Benelux; reducing by -2.5% compared with the previous year. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 41% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, non-wheat groats imports dropped to $X in 2021. The total import value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then contracted in the following year.

Imports by Country

The countries with the highest levels of non-wheat groats imports in 2021 were the Netherlands (X tons) and Belgium (X tons), together recording 100% of total import.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +4.9%).

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

Belgium, with a CAGR of +3.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, which is down by -2.5% against the previous year. Over the period under review, the import price saw a perceptible decrease. The pace of growth was the most pronounced in 2014 when the import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Average prices varied noticeably 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 Belgium (+0.6%).

Source: IndexBox Platform