Belgium: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Belgium

In 2021, the Belgian enamels and glazes market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a prominent increase. Enamels and glazes consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Enamels And Glazes Production in Belgium

In value terms, enamels and glazes production stood at $X in 2021 estimated in export price. Overall, production saw prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 46%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Enamels And Glazes Exports

Exports from Belgium

In 2021, shipments abroad of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by 59% to X tons for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports, however, saw a abrupt setback. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, enamels and glazes exports soared to $X in 2021. In general, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +10.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Spain (X tons) and the United States (X tons) were the main destinations of enamels and glazes exports from Belgium, with a combined 42% share of total exports. Turkey, Germany, the UK, the Netherlands, the United Arab Emirates, Saudi Arabia, Ukraine, Mexico, Thailand and Romania lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +14.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for enamels and glazes exported from Belgium were Turkey ($X), France ($X) and Spain ($X), with a combined 36% share of total exports. Germany, Saudi Arabia, Ukraine, the UK, the United Arab Emirates, Romania, the Netherlands, Thailand, the United States and Mexico lagged somewhat behind, together comprising a further 29%.

Saudi Arabia, with a CAGR of +35.9%, saw the highest rates of growth with regard to 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

The average enamels and glazes export price stood at $X per ton in 2021, growing by 14% against the previous year. In general, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, 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 Turkey ($X per ton), while the average price for exports to Mexico ($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 Ukraine (+50.1%), while the prices for the other major destinations experienced more modest paces of growth.

Enamels And Glazes Imports

Imports into Belgium

In 2021, approx. X tons of vitrifiable enamels and glazes for ceramics, enamelling or glass were imported into Belgium; increasing by 45% on 2020 figures. Overall, imports recorded significant growth. The growth pace was the most rapid in 2016 when imports increased by 50%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, enamels and glazes imports soared to $X in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +10.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.7% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 83% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest enamels and glazes supplier to Belgium, accounting for a 56% share of total imports. Moreover, enamels and glazes imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+29.9% per year) and the UK (+70.0% per year).

In value terms, the largest enamels and glazes suppliers to Belgium were Germany ($X), the UK ($X) and France ($X), together accounting for 64% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +67.4%, recorded the highest growth rate of 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

In 2021, the average enamels and glazes import price amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 44% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($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 (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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