Belgium: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Belgium

The Belgian pyrotechnic articles market amounted to $X in 2021, growing by 15% against the previous year. Over the period under review, consumption posted a notable increase. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Pyrotechnic Articles Production in Belgium

In value terms, pyrotechnic articles production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 120% against the previous year. Pyrotechnic articles production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Pyrotechnic Articles Exports

Exports from Belgium

In 2021, shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles decreased by -27.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2016 with an increase of 980% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, pyrotechnic articles exports shrank sharply to $X in 2021. In general, exports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 2,275%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for pyrotechnic articles exports from Belgium, with a 83% share of total exports. Moreover, pyrotechnic articles exports to France exceeded the volume sent to the second major destination, the Netherlands (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+4.7% per year) and Luxembourg (+7.5% per year).

In value terms, France ($X) remains the key foreign market for signalling flares, rain rockets, fog signals and other pyrotechnic articles exports from Belgium, comprising 71% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+4.3% per year) and Luxembourg (+3.4% per year).

Export Prices by Country

In 2021, the average pyrotechnic articles export price amounted to $X per ton, surging by 5.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 704%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average 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 Netherlands ($X per ton), while the average price for exports to France ($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 Netherlands (-0.4%), while the prices for the other major destinations experienced a decline.

Pyrotechnic Articles Imports

Imports into Belgium

In 2021, imports of signalling flares, rain rockets, fog signals and other pyrotechnic articles into Belgium contracted sharply to X tons, dropping by -27.2% against the year before. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2013 when imports increased by 651% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, pyrotechnic articles imports rose remarkably to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 235% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) constituted the largest pyrotechnic articles supplier to Belgium, with a 40% share of total imports. Moreover, pyrotechnic articles imports from Sweden exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to +38.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-7.4% per year) and Italy (-3.7% per year).

In value terms, Sweden ($X) constituted the largest supplier of signalling flares, rain rockets, fog signals and other pyrotechnic articles to Belgium, comprising 50% of total imports. The second position in the ranking was taken by the UK ($X), with an 18% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Sweden totaled +44.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.9% per year) and Italy (+0.4% per year).

Import Prices by Country

In 2021, the average pyrotechnic articles import price amounted to $X per ton, picking up by 58% against the previous year. In general, the import price saw prominent growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 189% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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