Benelux: Vinegar Market 2024

Vinegar Market Size in Benelux

In 2022, the Benelux vinegar market decreased by X% to $X, falling for the second consecutive year after five years of growth. Overall, consumption continues to indicate a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Vinegar Production in Benelux

In value terms, vinegar production expanded markedly to $X in 2022 estimated in export price. In general, production recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vinegar Exports

Exports in Benelux

In 2022, overseas shipments of vinegar increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, vinegar exports contracted to $X in 2022. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, the Netherlands (X tons) was the main exporter of vinegar, making up X% of total exports. It was distantly followed by Belgium (X tons), achieving a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the vinegar exports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Vinegar Imports

Imports in Benelux

For the third year in a row, Benelux recorded growth in purchases abroad of vinegar, which increased by X% to X tons in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, vinegar imports declined to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, the Netherlands (X tons) represented the major importer of vinegar, generating X% of total imports. It was distantly followed by Belgium (X tons), constituting a X% share of total imports. Luxembourg (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform