Belgium: Propellant Powders Market 2025

Propellant Powders Market Size in Belgium

The Belgian propellant powders market contracted significantly to $X in 2021, waning by -26.4% against the previous year. In general, consumption saw a abrupt downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Propellant Powders Production in Belgium

In value terms, propellant powders production dropped to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 38%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Propellant Powders Exports

Exports from Belgium

Propellant powders exports from Belgium skyrocketed to X tons in 2021, growing by 21% against the previous year's figure. Over the period under review, total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.2% 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 increased by +147.2% against 2014 indices. The pace of growth was the most pronounced in 2015 when exports increased by 37%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, propellant powders exports soared to $X in 2021. Overall, total exports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% 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 increased by +24.8% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Italy (X tons) were the main destinations of propellant powders exports from Belgium, with a combined 47% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +62.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for propellant powders exported from Belgium were Germany ($X), the Czech Republic ($X) and Italy ($X), with a combined 43% share of total exports.

The Czech Republic, with a CAGR of +66.1%, recorded the highest growth rate of the value of exports, in terms of 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

The average propellant powders export price stood at $X per ton in 2021, with an increase of 5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 10%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Italy ($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 United States (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Propellant Powders Imports

Imports into Belgium

In 2021, propellant powders imports into Belgium skyrocketed to X tons, picking up by 19% against the previous year's figure. Overall, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2017 when imports increased by 136% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, propellant powders imports declined to $X in 2021. In general, imports enjoyed a modest increase. The most prominent rate of growth was recorded in 2020 when imports increased by 121%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Serbia (X tons) and France (X tons) were the main suppliers of propellant powders imports to Belgium, with a combined 86% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +41.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest propellant powders suppliers to Belgium were Serbia ($X), France ($X) and Italy ($X), together accounting for 77% of total imports.

Serbia, with a CAGR of +45.1%, saw the highest growth rate of 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

In 2021, the average propellant powders import price amounted to $X per ton, dropping by -25.7% against the previous year. In general, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 219% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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