Belgium: Organo-Inorganic Compounds Market 2025

Organo-Inorganic Compounds Market Size in Belgium

After two years of growth, the Belgian organo-inorganic compounds market decreased by -12.2% to $X in 2021. Over the period under review, consumption, however, posted modest growth. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Organo-Inorganic Compounds Production in Belgium

In value terms, organo-inorganic compounds production declined remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, faced a deep slump. The growth pace was the most rapid in 2018 with an increase of 441%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Organo-Inorganic Compounds Exports

Exports from Belgium

Organo-inorganic compounds exports from Belgium expanded rapidly to X tons in 2021, growing by 15% on 2020. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 235% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, organo-inorganic compounds exports skyrocketed to $X in 2021. Overall, exports continue to indicate mild growth. The pace of growth appeared the most rapid in 2020 with an increase of 199%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons), Ireland (X tons) and Indonesia (X tons) were the main destinations of organo-inorganic compounds exports from Belgium, with a combined 32% share of total exports. These countries were followed by Germany, Russia, the United States, Poland, Slovenia, Spain, France, the UK, Belarus and Australia, which together accounted for a further 52%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +68.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Malaysia ($X) and Ireland ($X) were the largest markets for organo-inorganic compounds exported from Belgium worldwide, together comprising 34% of total exports. Indonesia, Poland, Slovenia, Russia, the United States, France, Spain, the UK, Belarus and Australia lagged somewhat behind, together comprising a further 48%.

Among the main countries of destination, Slovenia, with a CAGR of +73.2%, 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

The average organo-inorganic compounds export price stood at $X per ton in 2021, surging by 20% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belarus ($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 Australia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports into Belgium

In 2021, the amount of organo-inorganic compounds (excluding organo-sulphur compounds) imported into Belgium reduced to X tons, with a decrease of -6.5% on the previous year. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 599%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, organo-inorganic compounds imports amounted to $X in 2021. Over the period under review, imports, however, recorded a modest increase. The pace of growth appeared the most rapid in 2020 with an increase of 364% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of organo-inorganic compounds to Belgium, with a 74% share of total imports. Moreover, organo-inorganic compounds imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), ninefold. Germany (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+1.5% per year) and Germany (-6.3% per year).

In value terms, the United States ($X) constituted the largest supplier of organo-inorganic compounds (excluding organo-sulphur compounds) to Belgium, comprising 59% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by the UK, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.6% per year) and the UK (+1.7% per year).

Import Prices by Country

In 2021, the average organo-inorganic compounds import price amounted to $X per ton, picking up by 8% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organo-inorganic compounds import price decreased by -33.7% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 39%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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