Belgium: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Belgium

In 2021, the Belgian activated natural mineral products market increased by 55% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.9% against 2019 indices. Activated natural mineral products consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Activated Natural Mineral Products in Belgium

In value terms, activated natural mineral products production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 28%. Activated natural mineral products production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Activated Natural Mineral Products

Exports from Belgium

In 2021, overseas shipments of activated natural mineral products increased by 3.1% to X tons, rising for the second year in a row after five years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 26% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, activated natural mineral products exports soared to $X in 2021. In general, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of activated natural mineral products exports from Belgium, together accounting for 71% of total exports. Sweden, Italy, the UK, Denmark, Portugal, Poland and Finland lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +24.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for activated natural mineral products exported from Belgium were Germany ($X), France ($X) and the Netherlands ($X), with a combined 65% share of total exports. Sweden, the UK, Italy, Denmark, Poland, Finland and Portugal lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, Sweden, with a CAGR of +21.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average activated natural mineral products export price stood at $X per ton in 2021, surging by 24% against the previous year. Overall, the export price showed a slight increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Activated Natural Mineral Products

Imports into Belgium

In 2021, imports of activated natural mineral products into Belgium skyrocketed to X tons, increasing by 31% against the previous year's figure. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 32%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, activated natural mineral products imports surged to $X in 2021. In general, imports continue to indicate pronounced growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), India (X tons) and Germany (X tons) were the main suppliers of activated natural mineral products imports to Belgium, together comprising 54% of total imports. These countries were followed by Turkey, the United States, the UK, the Netherlands and Spain, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +71.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), India ($X) and Germany ($X) were the largest activated natural mineral products suppliers to Belgium, with a combined 56% share of total imports. These countries were followed by Spain, Turkey, France, the Netherlands and the UK, which together accounted for a further 36%.

In terms of the main suppliers, Turkey, with a CAGR of +69.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average activated natural mineral products import price stood at $X per ton in 2021, jumping by 25% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 37% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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