Belgium: Unwrought Zinc Alloys Market 2025

Unwrought Zinc Alloys Market Size in Belgium

In 2022, the Belgian unwrought zinc alloys market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a prominent expansion. Unwrought zinc alloys consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Unwrought Zinc Alloys Production in Belgium

In value terms, unwrought zinc alloys production contracted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 46% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Unwrought Zinc Alloys Exports

Exports from Belgium

In 2022, overseas shipments of unwrought zinc alloys decreased by -20.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a noticeable slump. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, unwrought zinc alloys exports fell to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 64%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for unwrought zinc alloys exports from Belgium, accounting for a 32% share of total exports. Moreover, unwrought zinc alloys exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was held by Austria (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.5% per year) and Austria (-2.6% per year).

In value terms, Germany ($X) remains the key foreign market for unwrought zinc alloys exports from Belgium, comprising 32% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports. It was followed by Austria, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.4% per year) and Austria (+2.8% per year).

Export Prices by Country

The average unwrought zinc alloys export price stood at $X per ton in 2022, rising by 24% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys export price increased by +55.9% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 39% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($X per ton) and France ($X per ton), while the average price for exports to Indonesia ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Zinc Alloys Imports

Imports into Belgium

In 2022, the amount of unwrought zinc alloys imported into Belgium reduced sharply to X tons, declining by -37.8% on the previous year's figure. In general, imports saw a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 50%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, unwrought zinc alloys imports declined rapidly to $X in 2022. Overall, imports, however, continue to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, the Netherlands (X tons) was the main supplier of unwrought zinc alloys to Belgium, accounting for a 90% share of total imports. Moreover, unwrought zinc alloys imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Luxembourg (X tons), more than tenfold. The third position in this ranking was held by the UK (X tons), with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+10.6% per year) and the UK (+2.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of unwrought zinc alloys to Belgium, comprising 89% of total imports. The second position in the ranking was held by Luxembourg ($X), with a 6.5% share of total imports. It was followed by the UK, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+19.4% per year) and the UK (+9.2% per year).

Import Prices by Country

The average unwrought zinc alloys import price stood at $X per ton in 2022, jumping by 29% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys import price increased by +59.3% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 35%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($X per ton) and Luxembourg ($X per ton), while the price for the Netherlands ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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