Belgium: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Belgium

In 2022, the Belgian prepared additives for cements market increased by less than 0.1% to $X, rising for the seventh consecutive year after two years of decline. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Prepared Additives For Cements, Mortars Or Concretes in Belgium

In value terms, prepared additives for cements production shrank to $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +59.9% against 2014 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 16% against the previous year. Prepared additives for cements production peaked at $X in 2021, and then dropped in the following year.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Belgium

In 2022, shipments abroad of prepared additives for cements, mortars or concretes increased by 6.9% to X tons, rising for the fourth consecutive year after two years of decline. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 132%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, prepared additives for cements exports declined sharply to $X in 2022. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 91%. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

France (X tons), Luxembourg (X tons) and Senegal (X tons) were the main destinations of prepared additives for cements exports from Belgium, together comprising 48% of total exports. The Netherlands, Austria, Germany, the United States, Poland, Ghana, Tunisia, Switzerland, the UK and the United Arab Emirates lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +185.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared additives for cements exported from Belgium were France ($X), the United States ($X) and the Netherlands ($X), together comprising 36% of total exports. Luxembourg, Senegal, Germany, Austria, Poland, Tunisia, Ghana, Switzerland, the UK and the United Arab Emirates lagged somewhat behind, together accounting for a further 31%.

Austria, with a CAGR of +173.5%, saw 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

In 2022, the average prepared additives for cements export price amounted to $X per ton, with a decrease of -23.1% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 42%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Luxembourg ($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 (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Belgium

In 2022, purchases abroad of prepared additives for cements, mortars or concretes increased by 23% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +4.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared additives for cements imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 39% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of prepared additives for cements imports to Belgium, with a combined 85% share of total imports. France, Poland and Turkey lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +137.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of prepared additives for cements, mortars or concretes to Belgium, comprising 56% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 26% share of total imports. It was followed by Italy, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.9% per year) and Italy (+1.7% per year).

Import Prices by Country

In 2022, the average prepared additives for cements import price amounted to $X per ton, shrinking by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. The import price peaked at $X per ton in 2021, and then reduced slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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