Belgium: Market for Natural Rubber And Gums 2025

Market Size for Natural Rubber And Gums in Belgium

The Belgian natural rubber and gum market dropped dramatically to $X in 2022, falling by -36% against the previous year. In general, consumption, however, saw buoyant growth. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Production of Natural Rubber And Gums in Belgium

In value terms, natural rubber and gum production reduced markedly to $X in 2022 estimated in export price. Overall, production saw a precipitous decline. Natural rubber and gum production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of natural rubber and gums in Belgium was estimated at less than X kg per ha, remaining relatively unchanged against 2021 figures. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of natural rubber and gums in Belgium was estimated at less than X ha, remaining stable against 2021. In general, the harvested area recorded a relatively flat trend pattern.

Exports of Natural Rubber And Gums

Exports from Belgium

In 2022, overseas shipments of natural rubber and gums decreased by -98.6% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2016 with an increase of 6,184%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, natural rubber and gum exports dropped significantly to $X in 2022. In general, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 3,847% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for natural rubber and gum exports from Belgium, with a 46% share of total exports. Moreover, natural rubber and gum exports to France exceeded the volume sent to the second major destination, Denmark (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+104.4% per year) and Italy (-0.1% per year).

In value terms, the largest markets for natural rubber and gum exported from Belgium were France ($X), Denmark ($X) and Italy ($X), with a combined 71% share of total exports.

Denmark, with a CAGR of +72.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average natural rubber and gum export price stood at $X per ton in 2022, picking up by 9.5% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 354% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to France ($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 the Netherlands (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Natural Rubber And Gums

Imports into Belgium

In 2022, purchases abroad of natural rubber and gums decreased by -72.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 305%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, natural rubber and gum imports contracted rapidly to $X in 2022. In general, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 283%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest natural rubber and gum supplier to Belgium, accounting for a 84% share of total imports. Moreover, natural rubber and gum imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Thailand (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to +30.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+108.0% per year) and Thailand (-26.8% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of natural rubber and gums to Belgium, comprising 75% of total imports. The second position in the ranking was taken by Thailand ($X), with a 5.5% share of total imports. It was followed by Malaysia, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-29.1% per year) and Malaysia (-33.5% per year).

Import Prices by Country

In 2022, the average natural rubber and gum import price amounted to $X per ton, declining by -18.9% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 22%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Malaysia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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