Belgium: Non-Agglomerated Metal Carbides Market 2024

Non-Agglomerated Metal Carbides Market Size in Belgium

In 2022, the Belgian non-agglomerated metal carbides market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a perceptible slump. Non-agglomerated metal carbides consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Agglomerated Metal Carbides Production in Belgium

In value terms, non-agglomerated metal carbides production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Non-agglomerated metal carbides production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Non-Agglomerated Metal Carbides Exports

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of non-agglomerated metal carbides mixed together or with metallic binders, when their volume decreased by X% to X tons. In general, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-agglomerated metal carbides exports declined slightly to $X in 2022. Overall, exports, however, showed pronounced growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for non-agglomerated metal carbides exports from Belgium, with a X% share of total exports. Moreover, non-agglomerated metal carbides exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), eightfold.

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

In value terms, the United States ($X) remains the key foreign market for non-agglomerated metal carbides mixed together or with metallic binders exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average non-agglomerated metal carbides export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Agglomerated Metal Carbides Imports

Imports into Belgium

In 2022, supplies from abroad of non-agglomerated metal carbides mixed together or with metallic binders increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a deep slump. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, non-agglomerated metal carbides imports surged to $X in 2022. In general, imports, however, saw a deep reduction. 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, China (X tons) constituted the largest supplier of non-agglomerated metal carbides to Belgium, with a X% share of total imports. Moreover, non-agglomerated metal carbides imports from China exceeded the figures recorded by the second-largest supplier, Spain (X kg), ninefold. Germany (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of non-agglomerated metal carbides mixed together or with metallic binders to Belgium, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average non-agglomerated metal carbides import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price saw a mild descent. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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