Belgium: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Belgium

The Belgian glass in the mass market fell modestly to $X in 2022, which is down by -4.9% against the previous year. Overall, consumption continues to indicate a abrupt decrease. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Glass in The Mass in Belgium

In value terms, glass in the mass production reached $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 17% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Glass in The Mass

Exports from Belgium

In 2022, shipments abroad of glass in the mass increased by 6.1% to X tons, rising for the fourth year in a row after three years of decline. Overall, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.9% against 2018 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 46% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass in the mass exports stood at $X in 2022. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.5% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of 70% against the previous year. Over the period under review, the glass in mass exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for glass in the mass exports from Belgium, accounting for a 61% share of total exports. Moreover, glass in the mass exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.6% per year) and France (+1.8% per year).

In value terms, the Netherlands ($X) remains the key foreign market for glass in the mass exports from Belgium, comprising 56% of total exports. The second position in the ranking was taken by Germany ($X), with a 20% share of total exports. It was followed by France, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+14.9% per year) and France (+8.0% per year).

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass in The Mass

Imports into Belgium

In 2022, glass in the mass imports into Belgium reduced markedly to X tons, which is down by -16.6% compared with 2021 figures. Overall, imports, however, recorded a pronounced increase. The growth pace was the most rapid in 2014 when imports increased by 161%. Over the period under review, glass in mass imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, glass in the mass imports declined dramatically to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 79% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), France (X tons) and the UK (X tons) were the main suppliers of glass in the mass imports to Belgium, together accounting for 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +62.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass in the mass suppliers to Belgium were the Netherlands ($X), France ($X) and the UK ($X), together accounting for 91% of total imports.

The UK, with a CAGR of +42.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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