Benelux: Cereal Market 2024

Cereal Market Size in Benelux

The Benelux cereal market stood at $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Cereal Production in Benelux

In value terms, cereal production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Belgium (X tons), the Netherlands (X tons) and Luxembourg (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Luxembourg (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

In 2022, the average yield of cereals in Benelux rose modestly to X tons per ha, with an increase of X% against the year before. Overall, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by X% against the previous year. Over the period under review, the cereal yield reached the peak level at X tons per ha in 2015; however, from 2016 to 2022, 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 2022, approx. X ha of cereals were harvested in Benelux; stabilizing at the previous year's figure. In general, the harvested area saw a slight downturn. The growth pace was the most rapid in 2019 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Cereal Exports

Exports in Benelux

In 2022, shipments abroad of cereals decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports recorded a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, cereal exports shrank to $X in 2022. Overall, exports recorded a noticeable descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) prevails in exports structure, together committing X% of total exports. Luxembourg (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest cereal supplying countries in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price 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, cereal export price increased by X% against 2016 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, 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 more modest paces of growth.

Cereal Imports

Imports in Benelux

Cereal imports fell to X tons in 2022, dropping by X% against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cereal imports expanded markedly to $X in 2022. Total imports indicated a noticeable expansion 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands was the major importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Belgium (X tons), creating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of X%).

In value terms, the largest cereal importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, the Netherlands, with a CAGR of X%, 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 2022, with an increase of X% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price 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, cereal import price increased by X% against 2016 indices. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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