Belgium: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Belgium

The Belgian cement prefabricated structural components market expanded significantly to $X in 2021, rising by 14% against the previous year. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Cement prefabricated structural components consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Belgium

In value terms, cement prefabricated structural components production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 18%. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in years to come.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Belgium

In 2021, overseas shipments of prefabricated structural components of cement, concrete or artificial stone decreased by -4.2% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cement prefabricated structural components exports reached $X in 2021. In general, total exports indicated a mild expansion 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, exports decreased by -8.0% against 2019 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 28% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main destinations of cement prefabricated structural components exports from Belgium, with a combined 89% share of total exports. Luxembourg and the UK lagged somewhat behind, together accounting for a further 8%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +11.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Luxembourg ($X) appeared to be the largest markets for cement prefabricated structural components exported from Belgium worldwide, with a combined 81% share of total exports. Germany and the UK lagged somewhat behind, together comprising a further 13%.

The UK, with a CAGR of +12.9%, saw the highest rates of growth with regard to 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

In 2021, the average cement prefabricated structural components export price amounted to $X per ton, growing by 5.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 Luxembourg (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Belgium

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were imported into Belgium; which is down by -4.4% against 2020 figures. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 34% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, cement prefabricated structural components imports rose slightly to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 28% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main suppliers of cement prefabricated structural components imports to Belgium, together comprising 91% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +14.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cement prefabricated structural components suppliers to Belgium were Germany ($X), the Netherlands ($X) and France ($X), together comprising 82% of total imports.

France, with a CAGR of +14.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, growing by 9.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the Netherlands ($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 (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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