Benelux: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in Benelux

The Benelux market for protein concentrates and flavoured or coloured sugar syrups rose remarkably to $X in 2023, picking up by X% against the previous year. Overall, consumption showed a deep setback. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in Benelux

In value terms, production of protein concentrates and flavoured or coloured sugar syrups totaled $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports in Benelux

In 2023, shipments abroad of protein concentrates and flavoured or coloured sugar syrups decreased by X% to X tons for the first time since 2017, thus ending a five-year rising trend. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2022, and then dropped in the following year.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups stood at $X in 2023. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports of reached the peak figure in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

The Netherlands represented the key exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Belgium (X tons), achieving a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the protein concentrates and flavoured or coloured sugar syrups exports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest protein concentrate and flavoured or coloured sugar syrup supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the Netherlands totaled X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports in Benelux

In 2023, purchases abroad of protein concentrates and flavoured or coloured sugar syrups decreased by X% to X tons for the first time since 2017, thus ending a five-year rising trend. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports of reached the maximum at X tons in 2022, and then declined in the following year.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups declined to $X in 2023. Total imports indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

The Netherlands was the major importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Belgium (X tons), creating a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the protein concentrates and flavoured or coloured sugar syrups imports, with a CAGR of X% from 2012 to 2023. At the same time, Belgium (X%) displayed positive paces of growth. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported protein concentrates and flavoured or coloured sugar syrups in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, imports of protein concentrates and flavoured or coloured sugar syrups increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, saw a mild downturn. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform