Belgium: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Belgium

The Belgian market for prefabricated buildings of plastics, concrete or aluminium declined sharply to $X in 2021, with a decrease of -15.8% against the previous year. Overall, consumption showed a pronounced descent. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Belgium

In value terms, production of prefabricated buildings of plastics, concrete or aluminium dropped to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 27%. As a result, production reached the peak level of $X. From 2018 to 2021, production of growth remained at a somewhat lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Belgium

In 2021, shipments abroad of prefabricated buildings of plastics, concrete or aluminium increased by 31% to X tons, rising for the third year in a row after five years of decline. The total export volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +108.0% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of exports of prefabricated buildings of plastics, concrete or aluminium from Belgium, together comprising 38% of total exports. Benin, Mali, the UK and Spain lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the biggest increases were recorded for Benin (with a CAGR of +137.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prefabricated buildings of plastics, concrete or aluminium exported from Belgium were France ($X), Germany ($X) and the Netherlands ($X), with a combined 68% share of total exports. Benin, Mali, the UK and Spain lagged somewhat behind, together accounting for a further 12%.

In terms of the main countries of destination, Benin, with a CAGR of +118.7%, recorded 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

In 2021, the average export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, surging by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Benin ($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 the UK (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Belgium

In 2021, overseas purchases of prefabricated buildings of plastics, concrete or aluminium increased by 13% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, saw a pronounced decline. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021. Over the period under review, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), China (X tons) and Austria (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to Belgium, together comprising 42% of total imports. These countries were followed by Israel, Poland, the Czech Republic, Estonia, Italy, the United States, the UK, France, Turkey and Hungary, which together accounted for a further 51%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +63.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Israel ($X) and China ($X) were the largest prefabricated buildings of plastics, concrete or aluminium suppliers to Belgium, together accounting for 34% of total imports. France, the Czech Republic, the UK, Italy, the United States, Austria, Estonia, Poland, Turkey and Hungary lagged somewhat behind, together accounting for a further 44%.

Turkey, with a CAGR of +66.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, rising by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +4.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform