Belgium: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Belgium

The Belgian copper pipe and fitting market soared to $X in 2021, with an increase of 25% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.5% 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 +101.6% against 2016 indices. Copper pipe and fitting consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Copper Tubes, Pipes And Fitting in Belgium

In value terms, copper pipe and fitting production shrank rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 131%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Copper Tubes, Pipes And Fitting

Exports from Belgium

Copper pipe and fitting exports from Belgium skyrocketed to X tons in 2021, growing by 22% compared with 2020 figures. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 39%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, copper pipe and fitting exports surged to $X in 2021. Over the period under review, exports recorded a temperate increase. The pace of growth was the most pronounced in 2020 with an increase of 49% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

France (X tons) was the main destination for copper pipe and fitting exports from Belgium, with a 34% share of total exports. Moreover, copper pipe and fitting exports to France exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+5.5% per year) and Poland (-3.4% per year).

In value terms, the largest markets for copper pipe and fitting exported from Belgium were France ($X), the Netherlands ($X) and Poland ($X), with a combined 52% share of total exports. Germany, China, the UK, Luxembourg, Italy, Spain, Russia and Algeria lagged somewhat behind, together accounting for a further 26%.

In terms of the main countries of destination, Spain, with a CAGR of +21.6%, saw the highest rates of growth with regard to 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

In 2021, the average copper pipe and fitting export price amounted to $X per ton, picking up by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2017 an increase of 13%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Luxembourg ($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 Algeria (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Tubes, Pipes And Fitting

Imports into Belgium

In 2021, supplies from abroad of copper tubes, pipes and fitting increased by 31% to X tons, rising for the sixth year in a row after two years of decline. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.0% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper pipe and fitting imports skyrocketed to $X in 2021. Overall, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +86.4% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main suppliers of copper pipe and fitting imports to Belgium, together comprising 56% of total imports. These countries were followed by China, Greece, Poland, the Netherlands, Mexico, Slovakia, Thailand, South Korea and Austria, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +42.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper pipe and fitting suppliers to Belgium were Germany ($X), Italy ($X) and China ($X), with a combined 53% share of total imports. These countries were followed by France, Greece, Slovakia, Mexico, the Netherlands, Thailand, Poland, South Korea and Austria, which together accounted for a further 37%.

Among the main suppliers, Poland, with a CAGR of +21.6%, saw the highest rates of growth with regard to 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

In 2021, the average copper pipe and fitting import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price saw a noticeable decrease. The growth pace was the most rapid in 2013 when the average import price increased by 5%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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 Slovakia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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