Wine and wine products market in Belgium

Earlier Report Observations

The market for wine and wine products in Belgium experienced a significant contraction in value between 2018 and 2023, falling from 1 136 million USD to 752 million USD. This overall decline of 34% was characterized by an initial sharp drop in 2019, a slight recovery in 2020, and then three consecutive years of reduction through 2023.

The structure of the market, heavily reliant on imports, played a key role in this trend. While the value of imports decreased from 1 583 million USD to 1 500 million USD over the period, the value of exports grew substantially from 511 million USD to 812 million USD. This notable expansion of exports, especially pronounced from 2021 onward, was a primary driver in reducing the domestic market size each year.

Domestic production remained a minor component of the market, with its value fluctuating between 46 million USD and 78 million USD and not offsetting the larger trade dynamics. By 2023, the combination of lower import values and record-high export values resulted in the smallest market size recorded during these years.

Production wine and wine products in Belgium

In kind, 2017-2020, t

Top producers of wine and wine products, 2017-2020

World map of production of wine and wine products, 2017-2020

After two years of decline, wine and wine products production in Belgium rebounded in 2020. That year, Belgium produced 16 767 tons of wine and wine products, marking a significant increase of 15.6% compared to 2019. However, looking at the broader period from 2017 to 2020, overall production decreased by 9%, which translates to an average annual decline of 3.1%. The lowest production level was recorded in 2019 at 14 499 tons, when output fell by 20.0%—the steepest drop during this timeframe.

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

In value, 2017-2020, K $ US

In 2020, the value of wine and wine products output in Belgium reached 50 409 thousand US dollars, representing a 9.0% gain from the previous year. Over the 2017-2020 period, however, production value declined by 13%, with a compound annual growth rate (CAGR) of -4.5%. The lowest value was recorded in 2019 at 46 244 thousand US dollars, while the highest was in 2018 at 64 486 thousand US dollars. The largest decrease occurred in 2019 with a 28.3% drop, whereas the biggest increase was in 2018 with an 11.3% rise.

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

Exports wine and wine products from Belgium

Exports in kind, K t

Wine and wine products exports from Belgium grew for the second year in a row in 2020. Export volumes reached 162.4 thousand tons, showing a slight increase of 1.2% compared to 2019. From 2017 to 2020, exports rose by 7.5%, equivalent to an average annual growth rate of 2.4%. The lowest export volume was in 2018 at 143.5 thousand tons, when exports fell by 5.0%. In contrast, the largest increase was recorded in 2019 with an 11.8% jump.

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

Between 2017 and 2020, Belgium's export destinations for wine and wine products in volume terms were quite diversified. The Netherlands accounted for 21.7% of exports, the United Kingdom for 17.6%, and Luxembourg for 10.7%. Together, these three countries made up 50.0% of total export flows, with no single partner emerging as clearly dominant.

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

After two years of growth, wine and wine products exports from Belgium declined in 2020. The value of exports totaled 488 million US dollars, down 4.6% from 2019. Over the 2017-2020 period, exports increased by 2.7%, with a compound annual growth rate (CAGR) of 0.9%. The highest export value was recorded in 2019 at 512 million US dollars, while the largest increase occurred in 2018 with a 7.5% rise.

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

From 2017 to 2020, the Netherlands was the largest buyer of Belgian wine and wine products in value terms, accounting for 28.7% of exports. Luxembourg followed with 22.3%, and France with 7.0%. Combined, these three countries represented 58.0% of total export value.

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

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

Imports wine and wine products to Belgium

Imports in kind, K t

Imports of wine and wine products into Belgium fell for the second consecutive year in 2020. Import volumes amounted to 374.0 thousand tons, a slight decrease of 1.7% compared to the prior year. Over the 2017-2020 period, imports declined by 4.1%, with a compound annual growth rate (CAGR) of -1.4%. The highest import volume was in 2018 at 410.9 thousand tons, when imports increased by 5.4%. The largest drop occurred in 2019 with a 7.4% decline.

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

Between 2017 and 2020, France remained the top supplier of wine and wine products to Belgium in volume terms, holding a 37.0% share of imports. Germany accounted for 12.9%, and Spain for 12.3%. Together, these three countries made up 62.1% of total import volumes.

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

Belgium's imports of wine and wine products in value terms declined for the second year in a row in 2020. Import value stood at 1 494 million US dollars, showing little change from 2019. The highest import value was recorded in 2018 at 1 583 million US dollars, when imports rose by 4.4%. The largest decrease occurred in 2019 with a 5.5% drop.

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

From 2017 to 2020, France led as the primary supplier of wine and wine products to Belgium in value terms, accounting for 45.7% of imports. Italy followed with 10.8%, and Germany with 8.9%. Collectively, these three suppliers represented 65.3% of total import value.

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

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