Belgium: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Belgium

In 2022, the Belgian market for ready-mixed concrete and factory made mortars increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Production of Ready-Mixed Concrete And Factory Made Mortars in Belgium

In value terms, production of ready-mixed concrete and factory made mortars rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Production of peaked in 2022 and is expected to retain growth in years to come.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Belgium

In 2022, exports of ready-mixed concrete and factory made mortars from Belgium contracted notably to X tons, with a decrease of X% against the previous year. In general, exports showed a mild shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped significantly in the following year.

In value terms, exports of ready-mixed concrete and factory made mortars declined to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

France (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Belgium, accounting for a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to France exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The third position in this ranking was held by Luxembourg (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Luxembourg (X% per year).

In value terms, France ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest markets for ready-mixed concrete and factory made mortar exported from Belgium worldwide, together accounting for X% of total exports.

The UK, with a CAGR of X%, recorded 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 export price for ready-mixed concrete and factory made mortars amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Belgium

In 2022, overseas purchases of ready-mixed concrete and factory made mortars decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, recorded a modest expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, imports of ready-mixed concrete and factory made mortars contracted modestly to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2021, and then declined modestly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest ready-mixed concrete and factory made mortar supplier to Belgium, with a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

In value terms, Germany ($X) constituted the largest supplier of ready-mixed concrete and factory made mortars to Belgium, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

The average import price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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