Market research

Groundnutoil-cake market in Belgium

Groundnutoil-cake market in Belgium

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market volume for groundnut oil-cake in Belgium experienced considerable fluctuations between 2018 and 2023. Starting at 7 172 tonnes in 2018, it fell to 5 980 tonnes in 2019, then surged to 8 105 tonnes in 2020 and further to 8 997 tonnes in 2021, marking the peak of the period. Subsequently, the volume declined to 8 274 tonnes in 2022 and dropped sharply to 6 146 tonnes in 2023.

In value terms, the market followed a similar pattern but with more pronounced swings. The market value decreased from 2 658 thousand US dollars in 2018 to 2 102 thousand in 2019, then jumped by 67% to 3 514 thousand in 2020. It continued growing to 4 017 thousand in 2021 and 4 658 thousand in 2022, before falling to 3 496 thousand in 2023. The value growth in 2022 despite a lower volume suggests changes in pricing or product mix.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
      2. 4.1.2. In value
        1. 4.1.2.1. Production, 2018-2023
        2. 4.1.2.2. Imports, 2018-2024
        3. 4.1.2.3. Exports, 2018-2024
        4. 4.1.2.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Belgium
      1. 5.1.1. Annual dynamics of production in Belgium in kind, 2018-2023, t
      2. 5.1.2. Annual dynamics of production in Belgium in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, t
        1. 6.1.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Belgium, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's exports from Belgium by countries, 2018-2024, $ US/t
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, t
        1. 6.2.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Belgium, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's exports from Belgium by countries, 2018-2024, $ US/t
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, t
        1. 7.1.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Belgium, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's imports to Belgium by countries, 2018-2024, $ US/t
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, t
        1. 7.2.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Belgium, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's imports to Belgium by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production groundnutoil-cake in Belgium

In kind, 2017-2020, t

Top producers of groundnutoil-cake, 2017-2020

Source: SHEV.io

World map of production of groundnutoil-cake, 2017-2020

Source: SHEV.io

After two years of decline, groundnut oil-cake production in Belgium rebounded in 2020. The country produced 7,538 tonnes, marking a significant year-over-year increase of 36.1%. Over the 2017-2020 period, production grew by 12.5%, with a compound annual growth rate of 4.0%. The lowest production level was recorded in 2019 at 5,540 tonnes, which also saw the largest decline of 14.9%.

Annual dynamics of production in Belgium in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(2.9%)(14.9%)36.1%4.0%
Source: SHEV.io

In value, 2017-2020, K $ US

In 2020, the value of groundnut oil-cake output in Belgium reached 3,440 thousand US dollars, up 63.7% from the previous year. From 2017 to 2020, production value increased by 52.5%, with a compound annual growth rate of 15.1%. The minimum value was recorded in 2019 at 2,101 thousand US dollars, which also experienced the largest decline of 19.3%.

Annual dynamics of production in Belgium in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year15.4%(19.3%)63.7%15.1%
Source: SHEV.io

Exports groundnutoil-cake from Belgium

Exports in kind, t

Belgium's cross-border shipments of groundnut oil-cake declined for the third consecutive year in 2020. Exports totaled 214 tonnes, representing a sharp drop of 48.4% compared to 2019. Over the 2017-2020 period, exports decreased by 62.4%, with a compound annual decline rate of 27.8%.

Annual dynamics of product's exports from Belgium in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(12.1%)(17.2%)(48.4%)(27.8%)
Source: SHEV.io

From 2017 to 2020, France was overwhelmingly the main destination for Belgium's groundnut oil-cake exports in kind, accounting for 99.3% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Belgium in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The value of groundnut oil-cake exports from Belgium declined for the second consecutive year in 2020, reaching 97.7 thousand US dollars, down 37.8% from 2019. Between 2017 and 2020, exports decreased by 49%, equating to an annualized decline of 20.1%. The peak value was recorded in 2018 at 200.2 thousand US dollars, which also saw the largest increase of 4.5%.

Annual dynamics of product's exports from Belgium in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year4.5%(21.5%)(37.8%)(20.1%)
Source: SHEV.io

During 2017-2020, groundnut oil-cake from Belgium was supplied almost exclusively to France, which absorbed 97.8% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Belgium in value, 2017-2020

Source: SHEV.io

Imports groundnutoil-cake to Belgium

Imports in kind, t

Groundnut oil-cake deliveries to Belgium declined for the third consecutive year in 2020. Imports amounted to 781 tonnes, showing a modest decrease of 8.5% compared to 2019. Over the 2017-2020 period, imports decreased by 77.4%, with a compound annual decline rate of 39.1%.

Annual dynamics of product's imports to Belgium in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(66.3%)(26.7%)(8.5%)(39.1%)
Source: SHEV.io

From 2017 to 2020, Belgium's imports in kind were heavily dependent on the Netherlands, which accounted for 99.7% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Belgium in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Market performance showed noticeable fluctuations during the period. The highest value was recorded in 2017, while the lowest occurred in 2019, with a peak-to-trough ratio of 6.1 times. In 2020, Belgium imported 171.2 thousand US dollars of groundnut oil-cake, reflecting a moderate advance of 8.4% compared to 2019. The minimum value was recorded in 2019 at 157.9 thousand US dollars, and the largest decline of 73.4% was recorded in 2018.

Annual dynamics of product's imports to Belgium in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year(73.4%)(38.1%)8.4%(43.7%)
Source: SHEV.io

Throughout 2017-2020, the Netherlands played a dominant role in Belgium's groundnut oil-cake imports in value terms, consistently accounting for 98.6% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Belgium in value, 2017-2020

Source: SHEV.io

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