Report Update Nov 1, 2024

Belgium - Prepared Binders for Foundry Moulds or Cores - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Prepared Binders Market 2024

Prepared Binders Market Size in Belgium

The Belgian prepared binders market rose rapidly to $X in 2021, with an increase of 7.1% against the previous year. In general, consumption enjoyed a resilient expansion. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in the near future.

Prepared Binders Production in Belgium

In value terms, prepared binders production dropped to $X in 2021 estimated in export price. In general, production, however, posted a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 2,830% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then fell slightly in the following year.

Prepared Binders Exports

Exports from Belgium

In 2021, approx. X tons of prepared binders for foundry moulds or cores were exported from Belgium; jumping by 151% compared with 2020. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared binders exports soared to $X in 2021. Over the period under review, exports showed perceptible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for prepared binders exports from Belgium, with a 60% share of total exports. Moreover, prepared binders exports to the United States exceeded the volume sent to the second major destination, Morocco (X tons), sixfold. Angola (X tons) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +94.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+23.7% per year) and Angola (+130.7% per year).

In value terms, the United States ($X) emerged as the key foreign market for prepared binders for foundry moulds or cores exports from Belgium, comprising 64% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by France, with a 9% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +101.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.7% per year) and France (+1.0% per year).

Export Prices by Country

The average prepared binders export price stood at $X per ton in 2021, rising by 8.7% against the previous year. Overall, the export price, however, showed a mild slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 25%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Morocco ($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 Turkey (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Binders Imports

Imports into Belgium

In 2021, purchases abroad of prepared binders for foundry moulds or cores increased by 59% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a slight contraction. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, prepared binders imports soared to $X in 2021. In general, imports, however, continue to indicate a noticeable contraction. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of prepared binders imports to Belgium, together accounting for 92% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +122.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of prepared binders for foundry moulds or cores to Belgium, comprising 42% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by the UK, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-15.3% per year) and the UK (+121.2% per year).

Import Prices by Country

In 2021, the average prepared binders import price amounted to $X per ton, jumping by 25% against the previous year. In general, the import price, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2017 an increase of 70%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared binders for foundry moulds or cores in the world?

China constituted the country with the largest volume of prepared binders consumption, accounting for 23% of total volume. Moreover, prepared binders consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of prepared binders for foundry moulds or cores in the world?

The country with the largest volume of prepared binders production was China, accounting for 24% of total volume. Moreover, prepared binders production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with a 9.9% share.

What are the leading suppliers of prepared binders for foundry moulds or cores to Belgium?

In value terms, the largest prepared binders suppliers to Belgium were France, Germany and Italy, together comprising 96% of total imports.

What are the leading importers of prepared binders for foundry moulds or cores from Belgium?

In value terms, Germany remains the key foreign market for prepared binders exports from Belgium, comprising 51% of total exports. The second position in the ranking was occupied by France, with a 17% share of total exports. It was followed by Switzerland, with a 7.2% share.

What is the average export price for prepared binders for foundry moulds or cores in Belgium?

The average prepared binders export price stood at $2,948 per ton in 2020, declining by -24.4% against the previous year.

What is the average import price for prepared binders for foundry moulds or cores in Belgium?

In 2020, the average prepared binders import price amounted to $902 per ton, rising by 55% against the previous year.

This report provides an in-depth analysis of the prepared binders market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20595720 - Prepared binders for foundry moulds or cores

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023