Earlier Report Observations
The Belgian fresh or chilled beef market showed significant volume growth from 2018 to 2024, rising from 63.8 thousand tons to 80.3 thousand tons, with a notable peak of 86.4 thousand tons in 2023. In value terms, the market exhibited more volatility, starting at $484 million in 2018, reaching $544 million in 2019, then undergoing a multi-year decline to $484 million in 2023 before rebounding to $509 million in the final year.
The market dynamics in 4 shifted notably, with physical volume declining by 7% while the value increased by 5%. This price increase coincided with a sharp reduction in the European cattle herd, which contracted by 3% compared to 1% the previous year, and a reported decrease in domestic slaughter numbers in Belgium. These factors collectively tightened supply, supporting higher prices even as the available volume of beef on the market decreased.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
-
4. Key Market Indicators and Trends
-
4.1. Key Market Indicators
-
4.1.1. In kind
- 4.1.1.1. Production, 2018-2020, 2023-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2020, 2023-2024
-
4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2024
-
4.1.1. In kind
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in Belgium
- 5.1.1. In kind, 2018-2020, 2023-2024, K t
- 5.1.2. In value, 2018-2024, M $ US
-
5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, M $ US
-
5.1. Production in Belgium
-
6. Exports
-
6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
-
6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
-
6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
-
6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Belgium, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Belgium by countries, 2018-2024, $ US/t
-
6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
-
6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
-
6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
-
6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Belgium, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Belgium by countries, 2018-2024, $ US/t
-
6.1. Exports (Direct Data)
-
7. Imports
-
7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
-
7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
-
7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
-
7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Belgium, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Belgium by countries, 2018-2024, $ US/t
-
7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
-
7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
-
7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
-
7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Belgium, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Belgium by countries, 2018-2024, $ US/t
-
7.1. Imports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2024
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
Production fresh or chilled beef in Belgium
In value, 2017-2020, M $ US
Belgium's fresh or chilled beef production declined for the third consecutive year. In 2020, output was valued at 838 million US dollars, reflecting a modest contraction of 5.5% compared to the previous year. Over the 2017-2020 period, production decreased by 18.2%, with a compound annual growth rate of -6.5%.
Annual dynamics of production in Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.8%) | (11.8%) | (5.5%) | (6.5%) |
In kind, 2017-2020, K t
Belgium's fresh or chilled beef production declined for the third consecutive year. In 2020, 126.7 thousand tonnes were produced, which is 11.6% less than the previous year. Over the 2017-2020 period, production decreased by 30.3%, with a compound annual growth rate of -11.3%.
Annual dynamics of production in Belgium in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.4%) | (9.9%) | (11.6%) | (11.3%) |
Exports fresh or chilled beef from Belgium
Exports in kind, K t
Fresh or chilled beef volumes exported from Belgium declined for the third consecutive year. In 2020, exports reached 105.3 thousand tonnes, marking a significant reduction of 11.0% compared to 2019. Between 2017 and 2020, exports decreased by 22.5%, equating to an annualized rate of -8.2%.
Annual dynamics of product's exports from Belgium in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.6%) | (12.4%) | (11.0%) | (8.2%) |
From 2017 to 2020, the Netherlands (31.1% of exports in kind), France (26.7%), and Germany (19.9%) accounted for the largest share of exports, together comprising 77.7% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Belgium in kind, 2017-2020
Exports in value, M $ US
Fresh or chilled beef shipments from Belgium declined for the second consecutive year. In 2020, Belgium exported 564.7 million US dollars worth of fresh or chilled beef, representing a decline of 7.9% compared to the previous year. Over the 2017-2020 period, exports decreased by 24.7%, with a compound annual growth rate of -9.0%. The peak value was recorded in 2018 at 775.6 million US dollars. The largest decline occurred in 2019 at 20.9%, while the largest increase was in 2018 at 3.5%.
Annual dynamics of product's exports from Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.5% | (20.9%) | (7.9%) | (9.0%) |
Throughout 2017-2020, France (28.0% of exports in value terms), the Netherlands (25.6%), and Germany (19.7%) formed the key group of partners for Belgium's fresh or chilled beef exports, jointly representing 73.3% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Belgium in value, 2017-2020
Imports fresh or chilled beef to Belgium
Imports in kind, K t
In 2020, fresh or chilled beef deliveries to Belgium reached 47.4 thousand tonnes, representing a slight decline of 0.9% year-over-year. Over the 2017-2020 period, imports increased by 10.2%, with a compound annual growth rate of 3.3%. The lowest value was recorded in 2018 at 39.9 thousand tonnes, while the peak was in 2019 at 47.8 thousand tonnes. The largest decline occurred in 2018 at 7.2%, and the largest increase was in 2019 at 19.9%.
Annual dynamics of product's imports to Belgium in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.2%) | 19.9% | (0.9%) | 3.3% |
Over 2017-2020, France (30.9% of imports in kind), the Netherlands (24.8%), and Ireland (9.6%) consistently occupied leading positions in Belgium's import structure, jointly accounting for 65.2% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Belgium in kind, 2017-2020
Imports in value, M $ US
After a two-year increase, Belgium's fresh or chilled beef imports declined. In 2020, import volume amounted to 261.1 million US dollars, reflecting a moderate reduction of 3.4% year-over-year. Over the 2017-2020 period, imports increased by 8.7%, with a compound annual growth rate of 2.8%. The maximum value was recorded in 2019 at 270.2 million US dollars, with the largest increase that year at 6.5%.
Annual dynamics of product's imports to Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.6% | 6.5% | (3.4%) | 2.8% |
Throughout 2017-2020, the Netherlands (28.5% of imports in value terms), France (23.6%), and Ireland (21.6%) remained the key directions for Belgium's imports, together taking 73.6% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Belgium in value, 2017-2020
Related Reports
Fresh or chilled beef market in Czechia
2026-03-27
Fresh or chilled beef market in Norway
2026-03-27
Fresh or chilled beef market in Greece
2026-03-27
Fresh or chilled beef market in Finland
2026-03-27
2026-03-27
Not rendered poultry fat market in Belgium
2026-03-27
2026-03-27
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.