Belgium: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Belgium

The Belgian market for non-cellular plates, sheets, film, foil and strip of plastics contracted modestly to $X in 2022, remaining constant against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Belgium

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics fell to $X in 2022 estimated in export price. Over the period under review, production showed a mild contraction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of non-cellular plates, sheets, film, foil and strip of plastics, when their volume decreased by -14.6% to X tons. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 8.9% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021, and then declined in the following year.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics contracted to $X in 2022. Over the period under review, exports saw a mild contraction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for exports of non-cellular plates, sheets, film, foil and strip of plastics from Belgium, accounting for a 26% share of total exports. Moreover, exports of non-cellular plates, sheets, film, foil and strip of plastics to the Netherlands exceeded the volume sent to the second major destination, Poland (X tons), threefold. France (X tons) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+3.6% per year) and France (-9.7% per year).

In value terms, the largest markets for non-cellular plates, sheets, film, foil and strip of plastics exported from Belgium were the Netherlands ($X), France ($X) and Germany ($X), with a combined 42% share of total exports. Poland, the UK, the Czech Republic, Spain, Italy, the United States, Austria, Russia, India and Denmark lagged somewhat behind, together comprising a further 37%.

India, with a CAGR of +11.4%, 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 more modest paces of growth.

Export Prices by Country

The average export price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, growing by 8.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 9% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to India ($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 Denmark (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Belgium

In 2022, approx. X tons of non-cellular plates, sheets, film, foil and strip of plastics were imported into Belgium; waning by -10.5% on the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 26%. Over the period under review, imports of hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics fell to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to Belgium, with a combined 57% share of total imports. Italy, Spain, Portugal, China, Poland and Austria lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +26.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Belgium, together accounting for 54% of total imports. Spain, Italy, China, Poland, Austria and Portugal lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, China, with a CAGR of +17.7%, recorded 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

In 2022, the average import price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, waning by -2.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 Spain ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform