Benelux: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Benelux

In 2021, the Benelux cement prefabricated structural components market increased by 4.2% to $X, rising for the fifth year in a row after four years of decline. The market value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in years to come.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Benelux

In value terms, cement prefabricated structural components production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 9.7%. The level of production peaked in 2021 and is expected to retain growth in years to come.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports in Benelux

Cement prefabricated structural components exports totaled X tons in 2021, approximately reflecting the year before. Total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -9.0% against 2019 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 35% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, cement prefabricated structural components exports expanded rapidly to $X in 2021. Total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -10.8% against 2019 indices. The pace of growth was the most pronounced in 2016 when exports increased by 29%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium was the largest exporter of prefabricated structural components of cement, concrete or artificial stone in Benelux, with the volume of exports finishing at X tons, which was near 61% of total exports in 2021. The Netherlands (X tons) held the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together took approx. 39% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +19.9%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest cement prefabricated structural components supplying countries in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

The Netherlands, with a CAGR of +16.1%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, rising by 6.8% against the previous year. Over the period under review, the export price showed a modest expansion. The pace of growth was the most pronounced in 2013 when the export price increased by 17%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%).

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports in Benelux

For the third year in a row, Benelux recorded growth in overseas purchases of prefabricated structural components of cement, concrete or artificial stone, which increased by 0.3% to X tons in 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 21%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, cement prefabricated structural components imports contracted to $X in 2021. Total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% 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 -4.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 29%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) represented the major importer of prefabricated structural components of cement, concrete or artificial stone, mixing up 74% of total imports. Belgium (X tons) ranks second in terms of the total imports with a 15% share, followed by Luxembourg (11%).

From 2012 to 2021, average annual rates of growth with regard to cement prefabricated structural components imports into the Netherlands stood at +1.7%. At the same time, Luxembourg (+10.3%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +10.3% from 2012-2021. Belgium experienced a relatively flat trend pattern. From 2012 to 2021, the share of Luxembourg increased by +5.8 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported prefabricated structural components of cement, concrete or artificial stone in Benelux, comprising 76% of total imports. The second position in the ranking was held by Belgium ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +4.0%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-0.2% per year) and Luxembourg (+10.7% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, approximately mirroring the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2018 when the import price increased by 22%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($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 Netherlands (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform