Wheat bran, sharps and residues market in Belgium

Earlier Report Observations

The market for wheat bran, sharps and residues in Belgium showed steady growth in physical volume from 318 thousand tons in 2018 to 409 thousand tons in 2020. During this same period, the market's value increased from 47.6 million US dollars to 59.4 million US dollars, indicating a period of expansion.

After 2020, market volume began a multi-year contraction, falling to 256 thousand tons by 2024. Interestingly, the market's value continued to rise until 2022, reaching 78.5 million US dollars, which suggests a significant increase in unit prices during those years despite the falling sales volume.

The period from 2022 onward saw a sharp correction, with both volume and value declining substantially. By 2024, the market value had dropped to 38.1 million US dollars, reflecting the combined effect of lower volumes and changed price conditions.

Production wheat bran, sharps and residues in Belgium

In value, 2017-2020, K $ US

Belgium's production of wheat bran, sharps, and residues declined for the second consecutive year. In 2020, output was valued at 38 408 thousand US dollars, marking a 3.5% decrease from 2019. Production peaked in 2018 at 41 441 thousand US dollars, with a 3.1% increase that year. The largest decline occurred in 2019, falling by 3.9%. Overall, between 2017 and 2020, production decreased by 4.4%, averaging an annualized decline of 1.5%.

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

In kind, 2017-2020, K t

Top producers of wheat bran, sharps and residues, 2017-2020

World map of production of wheat bran, sharps and residues, 2017-2020

Belgium's production of wheat bran, sharps, and residues declined for the third consecutive year. In 2020, output totaled 220.9 thousand tonnes, representing a controlled decrease of 6.8% year-over-year. From 2017 to 2020, production fell by 22.3%, with an annualized decline rate of 8.1%.

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

Exports wheat bran, sharps and residues from Belgium

Exports in kind, K t

Belgium's exports of wheat bran, sharps, and residues declined for the third consecutive year. In 2020, export volume reached 96.5 thousand tonnes, showing a modest decrease of 3.8% compared to 2019. Over the period from 2017 to 2020, exports decreased by 29.3%, with a compound annual growth rate of -10.9%.

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

From 2017 to 2020, the Netherlands remained the primary market for Belgium's exports in kind, accounting for 80.0% of total flows. The remaining volume was distributed across numerous other destinations.

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

After two years of decline, Belgium's exports of wheat bran, sharps, and residues in value terms increased. In 2020, exports amounted to 19 393 thousand US dollars, reflecting a slight advance of 0.7% relative to the prior year. The minimum value was recorded in 2019 at 19 254 thousand US dollars, with the largest decline that year at 7.3%. Overall, between 2017 and 2020, exports decreased by 10.7%, averaging an annualized decline of 3.7%.

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

Throughout 2017 to 2020, the partner structure for exports in value terms was dominated by the Netherlands, which held a 72.5% share of total flows. Other markets contributed to a less significant portion of the 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 wheat bran, sharps and residues to Belgium

Imports in kind, K t

Belgium's imports of wheat bran, sharps, and residues increased for the third consecutive year. In 2020, imports were recorded at 284.6 thousand tonnes, representing a sharp increase of 32.6% year-over-year. From 2017 to 2020, imports grew by 60.6%, with a compound annual growth rate of 17.1%.

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

From 2017 to 2020, France and the Netherlands were the main sources for Belgium's imports in kind. France accounted for 68.0% of total flows, while the Netherlands contributed 22.0%, together forming 90.0% of imports. Other partners made up the remaining volume.

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

Belgium's imports of wheat bran, sharps, and residues in value terms increased for the third consecutive year. In 2020, imports totaled 40 420 thousand US dollars, equivalent to a gain of 30.6% compared to 2019. Between 2017 and 2020, imports increased by 64.4%, with an annualized growth rate of 18.0%.

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

From 2017 to 2020, France and the Netherlands together accounted for 87.1% of Belgium's total imports in value terms. Other countries formed a diversified but less significant portion of the import structure.

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

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