Benelux: Spinach Market 2024

Spinach Market Size in Benelux

The Benelux spinach market declined to $X in 2023, falling by X% against the previous year. The total consumption indicated a moderate increase 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, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Spinach Production in Benelux

In value terms, spinach production contracted modestly to $X in 2023 estimated in export price. In general, production, however, posted a strong expansion. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Belgium (X tons) constituted the country with the largest volume of spinach production, accounting for X% of total volume. Moreover, spinach production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), ninefold.

From 2012 to 2023, the average annual rate of growth in terms of volume in Belgium amounted to X%.

The average spinach yield reduced slightly to X tons per ha in 2023, with a decrease of X% compared with 2022 figures. The yield indicated noticeable growth from 2012 to 2023: its figure 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, spinach yield increased by X% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the spinach yield reached the maximum level at X tons per ha in 2022, and then dropped modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of spinach production in Benelux stood at X ha, remaining constant against the previous year. Overall, the harvested area saw a mild increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2023, the harvested area failed to regain momentum.

Spinach Exports

Exports in Benelux

For the fifth year in a row, Benelux recorded growth in shipments abroad of spinach, which increased by X% to X tons in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, spinach exports rose remarkably to $X in 2023. Total exports indicated a buoyant increase 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, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

Exports by Country

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

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of spinach. Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands increased by X percentage points.

In value terms, the Netherlands ($X) remains the largest spinach supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

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

Spinach Imports

Imports in Benelux

Spinach imports skyrocketed to X tons in 2023, growing by X% on the previous year. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, spinach imports surged to $X in 2023. Total imports indicated a remarkable increase 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 growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Belgium was the key importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by the Netherlands (X tons), generating a X% share of total imports.

Belgium was also the fastest-growing in terms of the spinach imports, with a CAGR of X% from 2012 to 2023. The Netherlands (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the largest spinach importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, surging by X% against the previous year. Import price indicated buoyant growth from 2012 to 2023: its price 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, spinach import price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices 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 amounted to $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