Belgium - Double or Complex Silicates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelgium: Market for Double Or Complex Silicates 2024
Market Size for Double Or Complex Silicates in Belgium
The Belgian double or complex silicates market was estimated at $X in 2021, with an increase of 3.7% against the previous year. Overall, consumption enjoyed a noticeable increase. Double or complex silicates consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.
Production of Double Or Complex Silicates in Belgium
In value terms, double or complex silicates production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 367%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.
Exports of Double Or Complex Silicates
Exports from Belgium
In 2021, overseas shipments of double or complex silicates increased by 41% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by 87%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.
In value terms, double or complex silicates exports soared to $X in 2021. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 198%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
Germany (X tons) was the main destination for double or complex silicates exports from Belgium, with a 77% share of total exports. Moreover, double or complex silicates exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), ninefold. Denmark (X tons) ranked third in terms of total exports with a 3.8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+43.2% per year) and Denmark (+77.1% per year).
In value terms, Germany ($X), the United States ($X) and Denmark ($X) appeared to be the largest markets for double or complex silicates exported from Belgium worldwide, with a combined 57% share of total exports. These countries were followed by South Africa, the Netherlands, France, Italy and Saudi Arabia, which together accounted for a further 24%.
South Africa, with a CAGR of +181.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 double or complex silicates export price amounted to $X per ton, with an increase of 36% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 204%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Germany ($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 Saudi Arabia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Double Or Complex Silicates
Imports into Belgium
In 2021, overseas purchases of double or complex silicates increased by 20% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a slight curtailment. The growth pace was the most rapid in 2020 when imports increased by 148%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, double or complex silicates imports dropped modestly to $X in 2021. Overall, imports, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, the Netherlands (X tons) constituted the largest supplier of double or complex silicates to Belgium, accounting for a 56% share of total imports. Moreover, double or complex silicates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The United States (X tons) ranked third in terms of total imports with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+30.2% per year) and the United States (-1.8% per year).
In value terms, the Netherlands ($X), the United States ($X) and Germany ($X) were the largest double or complex silicates suppliers to Belgium, together accounting for 95% of total imports.
Among the main suppliers, Germany, with a CAGR of +30.5%, 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 mixed trend patterns.
Import Prices by Country
The average double or complex silicates import price stood at $X per ton in 2021, waning by -20.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 71%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for double or complex silicates in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20136270 - Double or complex silicates
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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