Belgium: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Belgium

In 2020, the Belgian market for iron or steel leaf-springs and leaves decreased by -X% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Leaf-Springs And Leaves in Belgium

In value terms, production of iron or steel leaf-springs and leaves surged to $X in 2020 estimated in export prices. Overall, production saw a temperate increase. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Belgium

In 2020, exports of iron or steel leaf-springs and leaves from Belgium skyrocketed to X tons, growing by X% compared with the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tons in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, exports of iron or steel leaf-springs and leaves surged to $X in 2020. Overall, exports showed a relatively flat trend pattern. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Russia (X tons), Brazil (X tons) and France (X tons) were the main destinations of exports of iron or steel leaf-springs and leaves from Belgium, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Spain ($X) constituted the largest markets for iron or steel leaf-spring and leave exported from Belgium worldwide, with a combined X% share of total exports. Russia, Brazil, Poland, China, Germany, India, the Netherlands, the Czech Republic, South Korea and Indonesia lagged somewhat behind, together accounting for a further X the main countries of destination, Brazil recorded 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 2020, the average export price for iron or steel leaf-springs and leaves amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Belgium

In 2020, purchases abroad of iron or steel leaf-springs and leaves was finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a mild slump. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at X tons in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, imports of iron or steel leaf-springs and leaves skyrocketed to $X in 2020. Overall, imports, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Spain (X tons) and India (X tons) were the main suppliers of imports of iron or steel leaf-springs and leaves to Belgium, together accounting for X% of total imports. The Czech Republic, the UK, Thailand and Romania lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Romania (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel leaf-spring and leave suppliers to Belgium were Spain ($X), France ($X) and India ($X), together accounting for X% of total imports. These countries were followed by the Czech Republic, the UK, Thailand and Romania, which together accounted for a further X the main suppliers, Romania (+X% per year) saw the highest growth rate of 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

The average import price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per ton in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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