Belgium - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belgium - Flat Glass - Market Analysis, Forecast, Size, Trends and Insights

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Flat Glass Price in Belgium - 2023

Contents:

  1. Flat Glass Price in Belgium (FOB) - 2022
  2. Flat Glass Price in Belgium (CIF) - 2022
  3. Flat Glass Exports in Belgium
  4. Flat Glass Imports in Belgium

Flat Glass Price in Belgium (FOB) - 2022

In 2022, the average flat glass export price amounted to $10 per square meter, picking up by 20% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flat glass export price increased by +80.4% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2.4 per square meter), while the average price for exports to Finland ($0.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Flat Glass Price in Belgium (CIF) - 2022

In 2022, the average flat glass import price amounted to $7.2 per square meter, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($1.4 per square meter), while the price for France ($0.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Flat Glass Exports in Belgium

In 2022, the amount of flat glass exported from Belgium dropped to 39M square meters, declining by -5.8% compared with the year before. In general, exports saw a mild reduction. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 42M square meters, and then shrank in the following year.

In value terms, flat glass exports rose markedly to $409M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Flat Glass in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.815.925.563.158.7%
Turkey24.431.846.453.529.9%
France24.924.334.446.323.0%
Czech Republic30.622.218.326.2-5.0%
Italy27.819.521.423.5-5.4%
Poland14.012.921.517.98.5%
Germany8.111.514.717.629.5%
United Kingdom17.918.617.016.5-2.7%
Netherlands15.111.611.312.7-5.6%
Sweden4.94.75.610.528.9%
Spain7.76.77.710.09.1%
Kuwait2.23.06.47.248.5%
Finland2.62.63.26.535.7%
Others97.188.212897.50.1%
Total29327436240911.8%

Top Export Markets for Flat Glass from Belgium in 2022:

  1. France (64.2M square meters)
  2. Turkey (57.3M square meters)
  3. Czech Republic (43.7M square meters)
  4. Italy (37.0M square meters)
  5. United Kingdom (30.2M square meters)
  6. United States (26.1M square meters)
  7. Germany (24.7M square meters)
  8. Poland (24.2M square meters)
  9. Netherlands (14.0M square meters)
  10. Spain (13.2M square meters)
  11. Finland (12.2M square meters)
  12. Sweden (10.1M square meters)
  13. Kuwait (7.3M square meters)

Flat Glass Imports in Belgium

In 2022, approx. 22M square meters of flat glass were imported into Belgium; which is down by -4% compared with the previous year. Overall, imports saw a deep slump. Over the period under review, imports reached the maximum at 30M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, flat glass imports surged to $161M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flat Glass in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France73.364.452.756.6-8.3%
Germany27.530.932.139.012.4%
Luxembourg20.715.816.316.2-7.8%
Netherlands8.811.013.014.818.9%
Czech Republic0.70.90.71.939.5%
Others24.519.522.232.710.1%
Total1561421371611.1%

Top Suppliers of Flat Glass to Belgium in 2022:

  1. France (114.3M square meters)
  2. Germany (44.1M square meters)
  3. Luxembourg (15.3M square meters)
  4. Netherlands (10.5M square meters)
  5. Czech Republic (3.1M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flat glass market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23111110 - Non-wired sheets, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111130 - Wired sheets or profiles, of cast or rolled glass, whether or not with absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked
  • Prodcom 23111212 - Non-wired sheets, of float, surface ground or polished glass, h aving a non-reflecting layer
  • Prodcom 23111214 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflective layer, of a thickness . 3,5 mm
  • Prodcom 23111217 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflecting layer, not otherwise worked, o f a thickness > 3,5 mm
  • Prodcom 23111230 - Non-wired sheets, of float, surface ground or polished glass, c oloured throughout the mass, opacified, flashed or merely surface ground
  • Prodcom 23111290 - Other sheets of float/ground/polished glass, n.e.c.

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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