Belgium: Marble And Travertine Market 2022

Marble And Travertine Market Size in Belgium

In 2021, the Belgian marble and travertine market was finally on the rise to reach $X after eight years of decline. In general, consumption, however, saw a deep setback. Marble and travertine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Marble And Travertine Production in Belgium

In value terms, marble and travertine production rose notably to $X in 2021 estimated in export price. Overall, production, however, faced a deep reduction. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Marble And Travertine Exports

Exports from Belgium

In 2021, shipments abroad of marble and travertine increased by 47% to X tons, rising for the third year in a row after two years of decline. In general, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine exports stood at $X in 2021. The total export value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for marble and travertine exports from Belgium, accounting for a 40% share of total exports. Moreover, marble and travertine exports to the Netherlands exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+25.5% per year) and France (+5.5% per year).

In value terms, the Netherlands ($X) remains the key foreign market for marble and travertine exports from Belgium, comprising 59% of total exports. The second position in the ranking was held by France ($X), with a 14% share of total exports. It was followed by Germany, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-7.5% per year) and Germany (-2.1% per year).

Export Prices by Country

In 2021, the average marble and travertine export price amounted to $X per ton, with a decrease of -22% against the previous year. In general, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 10%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Portugal ($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 China (+0.2%), while the prices for the other major destinations experienced a decline.

Marble And Travertine Imports

Imports into Belgium

In 2021, the amount of marble and travertine imported into Belgium declined sharply to X tons, waning by -31.4% compared with 2020. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 73%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, marble and travertine imports reduced remarkably to $X in 2021. Over the period under review, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 62%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), India (X tons) and Turkey (X tons) were the main suppliers of marble and travertine imports to Belgium, together accounting for 57% of total imports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +2.7%), while purchases for the other leaders experienced a decline.

In value terms, Italy ($X), Turkey ($X) and India ($X) constituted the largest marble and travertine suppliers to Belgium, together accounting for 51% of total imports.

In terms of the main suppliers, India, with a CAGR of -0.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, with an increase of 14% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 44% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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