Belgium: Expanded Metal Market 2025

Expanded Metal Market Size in Belgium

The Belgian expanded metal market declined to $X in 2022, waning by -7.7% against the previous year. In general, consumption continues to indicate a perceptible descent. Expanded metal consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Expanded Metal Production in Belgium

In value terms, expanded metal production fell to $X in 2022 estimated in export price. Over the period under review, production showed a slight descent. The growth pace was the most rapid in 2018 when the production volume increased by 28%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Expanded Metal Exports

Exports from Belgium

In 2022, approx. X tons of iron or steel expanded metal were exported from Belgium; with a decrease of -32.9% on 2021. In general, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 150%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, expanded metal exports reduced sharply to $X in 2022. Overall, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by 150%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for expanded metal exports from Belgium, with a 38% share of total exports. Moreover, expanded metal exports to France exceeded the volume sent to the second major destination, Canada (X tons), twofold. Mali (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+62.0% per year) and Mali (+46.8% per year).

In value terms, the largest markets for expanded metal exported from Belgium were France ($X), Canada ($X) and the Netherlands ($X), with a combined 62% share of total exports.

Canada, with a CAGR of +70.8%, saw 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

The average expanded metal export price stood at $X per ton in 2022, with an increase of 8.5% against the previous year. Overall, the export price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2015 an increase of 28%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Mali ($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 South Korea (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into Belgium

In 2022, purchases abroad of iron or steel expanded metal decreased by -41.5% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 55%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, expanded metal imports dropped dramatically to $X in 2022. Over the period under review, imports recorded a mild descent. The growth pace was the most rapid in 2020 when imports increased by 36%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest expanded metal supplier to Belgium, with a 47% share of total imports. Moreover, expanded metal imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.0% per year) and Turkey (+1,037.4% per year).

In value terms, France ($X) constituted the largest supplier of iron or steel expanded metal to Belgium, comprising 47% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by Turkey, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.2% per year) and Turkey (+902.9% per year).

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, surging by 40% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, expanded metal import price increased by +119.8% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :