| Product Code: ETC10767106 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Belgium continued to be a key player in the peony import market, with top supplying countries being the Netherlands, Italy, Germany, Metropolitan France, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. However, the industry experienced a decline with a compound annual growth rate (CAGR) of -1.01% from 2020 to 2024. Furthermore, the growth rate for 2023-2024 was -4.05%, highlighting a challenging year for peony import shipments into Belgium. Monitoring market trends and adapting strategies will be crucial for stakeholders in this sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Peony Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Peony Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Peony Market - Industry Life Cycle |
3.4 Belgium Peony Market - Porter's Five Forces |
3.5 Belgium Peony Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Peony Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Peony Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.8 Belgium Peony Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Belgium Peony Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Peony Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Peony Market Trends |
6 Belgium Peony Market, By Types |
6.1 Belgium Peony Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Peony Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Belgium Peony Market Revenues & Volume, By Herbaceous Peony, 2021 - 2031F |
6.1.4 Belgium Peony Market Revenues & Volume, By Tree Peony, 2021 - 2031F |
6.1.5 Belgium Peony Market Revenues & Volume, By Intersectional Peony, 2021 - 2031F |
6.1.6 Belgium Peony Market Revenues & Volume, By Wild Peony, 2021 - 2031F |
6.1.7 Belgium Peony Market Revenues & Volume, By Hybrid Peony, 2021 - 2031F |
6.2 Belgium Peony Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Peony Market Revenues & Volume, By Medicinal Use, 2021 - 2031F |
6.2.3 Belgium Peony Market Revenues & Volume, By Cosmetic Use, 2021 - 2031F |
6.2.4 Belgium Peony Market Revenues & Volume, By Ornamental Use, 2021 - 2031F |
6.2.5 Belgium Peony Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.2.6 Belgium Peony Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.3 Belgium Peony Market, By Product Form |
6.3.1 Overview and Analysis |
6.3.2 Belgium Peony Market Revenues & Volume, By Essential Oils, 2021 - 2031F |
6.3.3 Belgium Peony Market Revenues & Volume, By Dried Flowers, 2021 - 2031F |
6.3.4 Belgium Peony Market Revenues & Volume, By Extracts, 2021 - 2031F |
6.3.5 Belgium Peony Market Revenues & Volume, By Powders, 2021 - 2031F |
6.3.6 Belgium Peony Market Revenues & Volume, By Liquid Concentrates, 2021 - 2031F |
6.4 Belgium Peony Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Belgium Peony Market Revenues & Volume, By Herbal Medicine Manufacturers, 2021 - 2031F |
6.4.3 Belgium Peony Market Revenues & Volume, By Beauty & Skincare Industry, 2021 - 2031F |
6.4.4 Belgium Peony Market Revenues & Volume, By Florists & Garden Centers, 2021 - 2031F |
6.4.5 Belgium Peony Market Revenues & Volume, By Food Processing Companies, 2021 - 2031F |
6.4.6 Belgium Peony Market Revenues & Volume, By Spa & Wellness Industry, 2021 - 2031F |
6.5 Belgium Peony Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Belgium Peony Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.5.3 Belgium Peony Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.5.4 Belgium Peony Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.5.5 Belgium Peony Market Revenues & Volume, By Pharmacies, 2021 - 2031F |
6.5.6 Belgium Peony Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
7 Belgium Peony Market Import-Export Trade Statistics |
7.1 Belgium Peony Market Export to Major Countries |
7.2 Belgium Peony Market Imports from Major Countries |
8 Belgium Peony Market Key Performance Indicators |
9 Belgium Peony Market - Opportunity Assessment |
9.1 Belgium Peony Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Peony Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Peony Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.4 Belgium Peony Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Belgium Peony Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Peony Market - Competitive Landscape |
10.1 Belgium Peony Market Revenue Share, By Companies, 2024 |
10.2 Belgium Peony Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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