Belgium: Market for Moulds For Mineral Materials 2024

Market Size for Moulds For Mineral Materials in Belgium

The Belgian mould for mineral materials market shrank rapidly to $X in 2022, with a decrease of -36.6% against the previous year. Overall, consumption continues to indicate a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Moulds For Mineral Materials in Belgium

In value terms, mould for mineral materials production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 50%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Moulds For Mineral Materials

Exports from Belgium

In 2022, after two years of growth, there was decline in overseas shipments of moulds for mineral materials, when their volume decreased by -4% to X units. In general, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 79%. Over the period under review, the exports attained the maximum at X units in 2021, and then contracted slightly in the following year.

In value terms, mould for mineral materials exports reduced to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 120%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Brazil (X units), Hungary (X units) and the UK (X units) were the main destinations of mould for mineral materials exports from Belgium, together comprising 65% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +195.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mould for mineral materials exported from Belgium were Brazil ($X), the UK ($X) and Hungary ($X), with a combined 59% share of total exports.

Among the main countries of destination, the UK, with a CAGR of +166.3%, saw 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 2022, the average mould for mineral materials export price amounted to $X per unit, with a decrease of -8.2% against the previous year. In general, the export price, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 187%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to India ($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 Germany (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Moulds For Mineral Materials

Imports into Belgium

After three years of growth, supplies from abroad of moulds for mineral materials decreased by -48.1% to X units in 2022. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 85%. Over the period under review, imports reached the maximum at X units in 2021, and then declined rapidly in the following year.

In value terms, mould for mineral materials imports dropped dramatically to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 75% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of mould for mineral materials to Belgium, accounting for a 51% share of total imports. Moreover, mould for mineral materials imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), threefold. Japan (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+56.2% per year) and Japan (-5.0% per year).

In value terms, the largest mould for mineral materials suppliers to Belgium were Japan ($X), the Netherlands ($X) and Germany ($X), together comprising 74% of total imports. These countries were followed by China, the Czech Republic and Thailand, which together accounted for a further 19%.

China, with a CAGR of +122.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mould for mineral materials import price amounted to $X per unit, with an increase of 9.2% against the previous year. Overall, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2020 an increase of 24% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 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 ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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