Benelux: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in Benelux

In 2021, the Benelux prepared dish and meal market increased by 3.7% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Prepared Dishes And Meals in Benelux

In value terms, prepared dish and meal production dropped modestly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 9.3%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Prepared Dishes And Meals

Exports in Benelux

In 2021, prepared dish and meal exports in Benelux rose sharply to X tons, increasing by 7.1% on the previous year's figure. The total export volume increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 18% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, prepared dish and meal exports expanded sharply to $X in 2021. The total export value increased at an average annual rate of +4.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 15%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, the Netherlands (X tons) was the key exporter of prepared dishes and meals, generating 69% of total exports. It was distantly followed by Belgium (X tons), achieving a 31% share of total exports.

Exports from the Netherlands increased at an average annual rate of +2.4% from 2012 to 2021. At the same time, Belgium (+4.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +4.7% from 2012-2021. While the share of Belgium (+4.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-4.2 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest prepared dish and meal supplier in Benelux, comprising 77% of total exports. The second position in the ranking was taken by Belgium ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +4.5%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, surging by 6.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2014 an increase of 13%. The level of export peaked in 2021 and is likely to see steady growth in the near future.

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 amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%).

Imports of Prepared Dishes And Meals

Imports in Benelux

Prepared dish and meal imports rose remarkably to X tons in 2021, with an increase of 11% compared with 2020. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% 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 +61.3% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by 15%. The volume of import peaked in 2021 and is likely to see steady growth in the near future.

In value terms, prepared dish and meal imports surged to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.8% 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 increased by +86.2% against 2015 indices. The pace of growth was the most pronounced in 2013 with an increase of 21%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

The Netherlands represented the main importer of prepared dishes and meals in Benelux, with the volume of imports amounting to X tons, which was near 68% of total imports in 2021. It was distantly followed by Belgium (X tons), constituting a 32% share of total imports.

The Netherlands was also the fastest-growing in terms of the prepared dishes and meals imports, with a CAGR of +6.8% from 2012 to 2021. At the same time, Belgium (+5.4%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +2.7 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported prepared dishes and meals in Benelux, comprising 71% of total imports. The second position in the ranking was held by Belgium ($X), with a 27% share of total imports.

In the Netherlands, prepared dish and meal imports increased at an average annual rate of +9.5% over the period from 2012-2021.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, with an increase of 6.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 an increase of 14%. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

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 the Netherlands (+2.5%).

Source: IndexBox Platform