Belgium: Market for Table, Kitchen Or Household Articles Of Cast Iron 2025

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Belgium

After two years of growth, the Belgian cast iron household articles market decreased by -4.6% to $X in 2022. Over the period under review, consumption enjoyed a resilient increase. Cast iron household articles consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Table, Kitchen Or Household Articles Of Cast Iron in Belgium

In value terms, cast iron household articles production soared to $X in 2022 estimated in export price. Overall, production, however, saw a significant contraction. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Belgium

In 2022, overseas shipments of table, kitchen or household articles of cast iron decreased by -70% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 354%. The exports peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, cast iron household articles exports declined markedly to $X in 2022. Overall, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 547%. The exports peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of cast iron household articles exports from Belgium, with a combined 57% share of total exports. Austria, Democratic Republic of the Congo, Greece, the United States, Lithuania, Japan, Luxembourg, Denmark, South Korea and the UK lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +130.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the largest markets for cast iron household articles exported from Belgium worldwide, with a combined 56% share of total exports. Austria, the United States, Japan, Greece, Lithuania, Denmark, Luxembourg, Democratic Republic of the Congo, South Korea and the UK lagged somewhat behind, together comprising a further 33%.

Among the main countries of destination, Denmark, with a CAGR of +139.7%, recorded the highest growth rate of 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

The average cast iron household articles export price stood at $X per ton in 2022, falling by -28.6% against the previous year. Overall, the export price, however, saw a pronounced expansion. The growth pace was the most rapid in 2020 when the average export price increased by 42%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Belgium

In 2022, after four years of growth, there was significant decline in overseas purchases of table, kitchen or household articles of cast iron, when their volume decreased by -51.6% to X tons. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 207%. Imports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, cast iron household articles imports declined rapidly to $X in 2022. In general, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 328% against the previous year. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest cast iron household articles supplier to Belgium, with a 59% share of total imports. Moreover, cast iron household articles imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+9.4% per year) and Germany (+20.7% per year).

In value terms, China ($X), the Netherlands ($X) and France ($X) appeared to be the largest cast iron household articles suppliers to Belgium, together comprising 84% of total imports.

The Netherlands, with a CAGR of +25.1%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the average cast iron household articles import price amounted to $X per ton, shrinking by -17.2% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 64%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($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 (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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