Benelux: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Benelux

The Benelux glass in the mass market declined rapidly to $X in 2022, reducing by -53.4% against the previous year. In general, consumption saw a slight curtailment. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Production of Glass in The Mass in Benelux

In value terms, glass in the mass production fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 89% against the previous year. Over the period under review, glass in mass production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Glass in The Mass

Exports in Benelux

Glass in the mass exports declined to X tons in 2022, waning by -6.1% against the year before. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 15%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass in the mass exports reduced to $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 31%. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Belgium represented the largest exporting country with an export of around X tons, which finished at 77% of total exports. It was distantly followed by the Netherlands (X tons), committing a 20% share of total exports. Luxembourg (X tons) followed a long way behind the leaders.

Belgium was also the fastest-growing in terms of the glass in the mass exports, with a CAGR of +5.9% from 2012 to 2022. Luxembourg (-1.8%) and the Netherlands (-8.3%) illustrated a downward trend over the same period. While the share of Belgium (+31 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (-30.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest glass in the mass supplier in Benelux, comprising 82% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total exports.

In Belgium, glass in the mass exports increased at an average annual rate of +7.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (-5.1% per year) and Luxembourg (-1.1% per year).

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, reducing by -4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2014 when the export price increased by 20% against the previous year. The level of export peaked at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($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 (+3.4%), while the other leaders experienced more modest paces of growth.

Imports of Glass in The Mass

Imports in Benelux

In 2022, after two years of growth, there was significant decline in purchases abroad of glass in the mass, when their volume decreased by -37% to X tons. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. Over the period under review, glass in mass imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, glass in the mass imports reduced sharply to $X in 2022. Overall, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 120% against the previous year. Over the period under review, glass in mass imports attained the peak figure at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, Belgium (X tons) and the Netherlands (X tons) was the major importer of glass in the mass in Benelux, committing 99% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of +4.7%).

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022.

Among the main importing countries, Belgium, with a CAGR of +0.3%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, declining by -30.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 110% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%).

Source: IndexBox Platform