Belgium: Bentonite Market 2021

Bentonite Market Size in Belgium

In 2019, the Belgian bentonite market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. In general, the total consumption indicated a remarkable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Belgium consumption peaked at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.

Bentonite Exports

Exports from Belgium

In 2019, bentonite exports from Belgium soared to X tons, rising by X% compared with the year before. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, bentonite exports surged to $X in 2019. Overall, total exports indicated a notable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Belgium exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the main exporters of bentonite, together constituting X% of total exports. The following exporters - Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) - together made up X% of total exports.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Belgium were the U.S. ($X), Turkey ($X) and India ($X), with a combined X% share of total exports.

Turkey saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in Belgium stood at $X per ton in 2019, remaining stable against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per ton. From 2009 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Belgium

In 2019, supplies from abroad of bentonite increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Overall, imports saw strong growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Belgium imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, bentonite imports soared to $X in 2019. Over the period under review, total imports indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Belgium imports peaked at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of bentonite, namely Germany, Canada, Indonesia, the Netherlands, Malaysia, Poland, Russia, Saudi Arabia, Thailand, the UK, Japan and France, represented more than half of total import. Italy (X tons) occupied a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets into Belgium were Germany ($X), Canada ($X) and the Netherlands ($X), together accounting for X% of total imports. Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Belgium amounted to $X per ton, approximately equating the previous year. Overall, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in 2008 when the import price increased by X% y-o-y. Belgium import price peaked at $X per ton in 2009; however, from 2010 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform