Belgium: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Belgium

After two years of growth, the Belgian market for self-adhesive plastic tape in rolls of a width under 20cm decreased by -39.9% to $X in 2022. Overall, consumption showed a noticeable decline. As a result, consumption reached the peak level of $X, and then fell remarkably in the following year.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Belgium

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of self-adhesive plastic tape in rolls of a width under 20cm, when their volume decreased by -22.7% to X tons. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm plummeted to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 20% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Belgium, together accounting for 43% of total exports. The Czech Republic, the United States, Poland, China, Sweden, Hungary, Italy, Turkey, the UK and Canada lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +16.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Belgium were Germany ($X), the Netherlands ($X) and France ($X), together accounting for 42% of total exports. The Czech Republic, the United States, Poland, China, Italy, Hungary, the UK, Turkey, Canada and Sweden lagged somewhat behind, together comprising a further 35%.

In terms of the main countries of destination, Hungary, with a CAGR of +12.4%, recorded the highest rates of growth with regard to the value of exports, 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 self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, rising by 5.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 22%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Sweden ($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 France (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Belgium

In 2022, after two years of growth, there was significant decline in overseas purchases of self-adhesive plastic tape in rolls of a width under 20cm, when their volume decreased by -37.8% to X tons. Overall, imports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 56%. Imports peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm dropped sharply to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to Belgium, with a combined 72% share of total imports. Poland, France, Greece, China, Luxembourg, the United States, Spain, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +40.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) appeared to be the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Belgium, together comprising 60% of total imports. The United States, France, China, Luxembourg, Greece, the UK, Poland, Taiwan (Chinese) and Spain lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Greece, with a CAGR of +38.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, growing by 29% against the previous year. Overall, the import price, however, saw a pronounced downturn. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, 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 the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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