Belgium: Cement Pipe Market 2024

Cement Pipe Market Size in Belgium

The Belgian cement pipe market surged to $X in 2022, jumping by 26% against the previous year. Over the period under review, consumption, however, showed a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cement Pipe Production in Belgium

In value terms, cement pipe production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt decline. Cement pipe production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Cement Pipe Exports

Exports from Belgium

In 2022, approx. X tons of pipes and other articles of cement were exported from Belgium; picking up by 7.6% compared with 2021 figures. Overall, exports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cement pipe exports reduced modestly to $X in 2022. Over the period under review, total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.2% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for cement pipe exports from Belgium, accounting for a 65% share of total exports. Moreover, cement pipe exports to France exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. Luxembourg (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-16.6% per year) and Luxembourg (-4.3% per year).

In value terms, France ($X) remains the key foreign market for pipes and other articles of cement exports from Belgium, comprising 49% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total exports. It was followed by Germany, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-6.1% per year) and Germany (-0.8% per year).

Export Prices by Country

The average cement pipe export price stood at $X per ton in 2022, dropping by -9% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe export price decreased by -9.6% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 39%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Switzerland ($X per ton), while the average price for exports to Luxembourg ($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 (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into Belgium

After two years of growth, purchases abroad of pipes and other articles of cement decreased by -10.5% to X tons in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cement pipe imports declined dramatically to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of $X, and then reduced dramatically in the following year.

Imports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of cement pipe imports to Belgium, together comprising 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +17.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cement pipe suppliers to Belgium were the Netherlands ($X), Germany ($X) and China ($X), with a combined 56% share of total imports. France, Vietnam, Spain and Luxembourg lagged somewhat behind, together comprising a further 39%.

France, with a CAGR of +9.6%, saw the highest growth rate of the value of imports, among 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 cement pipe import price amounted to $X per ton, which is down by -11.7% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2013 when the average import price increased by 81%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 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 Spain ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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