Earlier Report Observations
The Belgian maize starch market experienced fluctuating volumes between 2018 and 2023. After reaching 549.6 thousand tons in 2018, market size gradually declined to 499.2 thousand tons by 2021. A temporary recovery lifted volume to 520.4 thousand tons in 2022, before it fell back to 497.2 thousand tons in the following year.
Domestic production remained relatively steady, ranging from 470.9 thousand tons in 2018 to 486.6 thousand tons in 2023, with a peak of 507.3 thousand tons in 2022. Imports, which had been 82.3 thousand tons in 2018, dropped sharply to 19.3 thousand tons in 2019 and stayed below 24 thousand tons thereafter, while exports slowly expanded from 3.6 to 12.9 thousand tons over the period.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Belgium
- 5.1.1. In kind, 2018-2023, K t
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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
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Belgium
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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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
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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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
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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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
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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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
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production maize starch in Belgium
In kind, 2017-2020, K t
From 2017 to 2020, Belgium consistently ranked 10th globally in maize starch production volume.
Top producers of maize starch, 2017-2020
World map of production of maize starch, 2017-2020
Belgium's maize starch production saw a two-year increase before declining. In 2020, production reached 490.4 K t, down 1.5% from 2019. Over the 2017-2020 period, production grew by 7%, with a compound annual growth rate of 2.3%. The peak was in 2019 at 497.7 K t, which also marked the largest annual increase of 5.7%.
Annual dynamics of production in Belgium in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.7% | 5.7% | (1.5%) | 2.3% |
Exports maize starch from Belgium
Exports in kind, t
In 2020, Belgium's maize starch exports totaled 3 546 t, a 26.9% increase from the previous year. From 2017 to 2020, exports rose by 9.1%, averaging 2.9% annually. The lowest volume was in 2019 at 2 794 t, while the highest was in 2018 at 3 557 t. The largest decline occurred in 2019, dropping by 21.4%.
Annual dynamics of product's exports from Belgium in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.5% | (21.4%) | 26.9% | 2.9% |
During 2017-2020, the Netherlands, the United Kingdom, and Turkey were the leading destinations for Belgium's maize starch exports by volume. The Netherlands accounted for 36.3% of exports, the United Kingdom for 11.1%, and Turkey for 6.8%, together making up 54.3% of total export 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, K $ US
In 2020, Belgium's maize starch exports in value terms amounted to 2 660 K $ US, up 21.5% year-over-year. From 2017 to 2020, export value increased by 29.9%, with an average annual growth rate of 9.1%. The largest decline was in 2019 at 17.0%, while the largest increase was in 2018 at 28.9%.
Annual dynamics of product's exports from Belgium in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 28.9% | (17.0%) | 21.5% | 9.1% |
From 2017 to 2020, the Netherlands, the United Kingdom, and France were the top buyers of Belgian maize starch by value. The Netherlands represented 39.4% of export value, the United Kingdom 6.9%, and France 6.9%, collectively accounting for 53.2% of total exports.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Belgium in value, 2017-2020
Imports maize starch to Belgium
Imports in kind, t
The market showed significant volatility during these years. Imports peaked in 2018 and fell to their lowest point in 2020, with a 4.7-fold difference between these years. In 2020, Belgium's maize starch imports totaled 17 371 t, a 9.8% decrease from 2019. The maximum volume was in 2018 at 82 289 t. The largest decline occurred in 2019, dropping by 76.6%, while the largest increase was in 2018, rising by 288.1%.
Annual dynamics of product's imports to Belgium in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 288.1% | (76.6%) | (9.8%) | (6.4%) |
From 2017 to 2020, France dominated Belgium's maize starch imports by volume, accounting for 72.9% of total flows, with the remainder distributed among various smaller markets.
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, K $ US
The market exhibited notable volatility during this period. Imports reached their peak in 2018 and hit their trough in 2020, changing by a factor of 2.2. In 2020, Belgium imported approximately 12 012 K $ US of maize starch, showing a moderate decline of 9.8% from 2019. The highest value was in 2018 at 26 429 K $ US. The largest decline was in 2019 at 49.6%, while the largest increase was in 2018 at 92.8%.
Annual dynamics of product's imports to Belgium in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 92.8% | (49.6%) | (9.8%) | (4.3%) |
Over 2017-2020, France, the Netherlands, and Germany were the primary sources for Belgium's maize starch imports by value. France accounted for 53.8% of import value, the Netherlands for 17.7%, and Germany for 16.5%, together representing 87.9% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Belgium in value, 2017-2020
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