Belgium: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in Belgium

The Belgian market for iron or steel doors, thresholds for doors and windows declined to $X in 2022, waning by -7.9% against the previous year. Overall, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.2% against 2020 indices. Consumption of peaked at $X in 2021, and then declined in the following year.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in Belgium

In value terms, production of iron or steel doors, thresholds for doors and windows dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 26%. Over the period under review, production of attained the maximum level at $X in 2021, and then declined in the following year.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from Belgium

In 2022, shipments abroad of iron or steel doors, thresholds for doors and windows decreased by -57.2% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 217%. The exports peaked at X units in 2021, and then dropped remarkably in the following year.

In value terms, exports of iron or steel doors, thresholds for doors and windows shrank dramatically to $X in 2022. Overall, exports recorded a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of 85%. The exports peaked at $X in 2021, and then fell markedly in the following year.

Exports by Country

The Netherlands (X units), France (X units) and Democratic Republic of the Congo (X units) were the main destinations of exports of iron or steel doors, thresholds for doors and windows from Belgium, with a combined 83% share of total exports. These countries were followed by Luxembourg, Serbia, Togo and Germany, which together accounted for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +71.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for iron or steel doors, thresholds for doors and windows exports from Belgium, comprising 54% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 25% share of total exports. It was followed by Luxembourg, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to France totaled +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+11.1% per year) and Luxembourg (-4.5% per year).

Export Prices by Country

In 2022, the average export price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, rising by 43% against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 52%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into Belgium

In 2022, the amount of iron or steel doors, thresholds for doors and windows imported into Belgium dropped markedly to X units, with a decrease of -29% against 2021. In general, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2019 with an increase of 25%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of iron or steel doors, thresholds for doors and windows contracted to $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest iron or steel window and door supplier to Belgium, with a 47% share of total imports. Moreover, imports of iron or steel doors, thresholds for doors and windows from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by the Netherlands (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+27.6% per year) and the Netherlands (-11.3% per year).

In value terms, the Czech Republic ($X), Germany ($X) and Sweden ($X) constituted the largest iron or steel window and door suppliers to Belgium, together comprising 81% of total imports. The Netherlands, China, France and Slovakia lagged somewhat behind, together comprising a further 14%.

Slovakia, with a CAGR of +5,119.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, picking up by 24% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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