Benelux: Potato Market 2024

Potato Market Size in Benelux

The Benelux potato market reached $X in 2021, surging by 4.7% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Potato Production in Benelux

In value terms, potato production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% 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 2013 when the production volume increased by 29%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

The countries with the highest volumes of production in 2021 were the Netherlands (X tons) and Belgium (X tons).

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Belgium (with a CAGR of +3.5%).

The average potato yield fell slightly to X tons per ha in 2021, approximately mirroring 2020. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by 15%. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of potatoes production in Benelux totaled X ha, approximately mirroring 2020. The harvested area increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the harvested area increased by 7.9%. Over the period under review, the harvested area dedicated to potato production reached the peak figure at X ha in 2019; however, from 2020 to 2021, the harvested area stood at a somewhat lower figure.

Potato Exports

Exports in Benelux

Potato exports expanded modestly to X tons in 2021, rising by 4% against the year before. The total export volume increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 when exports increased by 17% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, potato exports dropped slightly to $X in 2021. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 44%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands was the main exporter of potatoes in Benelux, with the volume of exports resulting at X tons, which was approx. 70% of total exports in 2021. It was distantly followed by Belgium (X tons), constituting a 30% share of total exports.

The Netherlands was also the fastest-growing in terms of the potatoes exports, with a CAGR of +2.4% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. From 2012 to 2021, the share of the Netherlands increased by +2.9 percentage points.

In value terms, the Netherlands ($X) remains the largest potato supplier in Benelux, comprising 80% of total exports. The second position in the ranking was held by Belgium ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +1.3%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, dropping by -4.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 25% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: 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 Belgium (+1.3%).

Potato Imports

Imports in Benelux

In 2021, approx. X tons of potatoes were imported in Benelux; picking up by 8% compared with the previous year. Total imports indicated a notable expansion 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, imports increased by +54.5% against 2014 indices. The growth pace was the most rapid in 2018 when imports increased by 13%. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, potato imports rose notably to $X in 2021. Total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 38% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

In 2021, Belgium (X tons) represented the major importer of potatoes, achieving 62% of total imports. It was distantly followed by the Netherlands (X tons), comprising a 37% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of +7.3%).

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

Among the main importing countries, Belgium, with a CAGR of +7.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, growing by 2.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2013 when the import price increased by 48% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%).

Source: IndexBox Platform