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Belgium - Argon - Market Analysis, Forecast, Size, Trends And Insights
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Belgium: Argon Market Overview 2020

Argon Market Size in Belgium

The revenue of the argon market in Belgium amounted to $X in 2018, going up by X% against the previous year. Over the period under review, argon consumption continues to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, the argon market reached its peak figure level at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

Argon Production in Belgium

In value terms, argon production stood at $X in 2018 estimated in export prices. Overall, argon production continues to indicate a significant deduction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Argon production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Argon Exports

Exports from Belgium

In 2018, the amount of argon exported from Belgium amounted to X cubic meters, going down by -X% against the previous year. Overall, argon exports continue to indicate a drastic decrease. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at X cubic meters in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, argon exports stood at $X in 2018. In general, argon exports continue to indicate a moderate slump. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, argon exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

Exports by Country

France (X cubic meters) was the main destination for argon exports from Belgium, with a X% share of total exports. Moreover, argon exports to France exceeded the volume sent to the second major destination, the Netherlands (X cubic meters), twofold. The UK (X cubic meters) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to France totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and the UK (-X% per year).

In value terms, France ($X), the Netherlands ($X) and the UK ($X) constituted the largest markets for argon exported from Belgium worldwide, with a combined X% share of total exports. Germany, Morocco, Luxembourg and Denmark lagged somewhat behind, together comprising a further X experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced mixed trend patterns.

Export Prices by Country

The average argon export price stood at $X per cubic meter in 2018, growing by X% against the previous year. In general, the argon export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per cubic meter in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Luxembourg ($X per cubic meter), while the average price for exports to France ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg, while the prices for the other major destinations experienced more modest paces of growth.

Argon Imports

Imports into Belgium

In 2018, the imports of argon into Belgium totaled X cubic meters, coming down by -X% against the previous year. Overall, argon imports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, argon imports reached their peak figure at X cubic meters in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, argon imports totaled $X in 2018. In general, argon imports continue to indicate a mild shrinkage. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, argon imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the Netherlands (X cubic meters) constituted the largest argon supplier to Belgium, accounting for a X% share of total imports. Moreover, argon imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), fourfold. The third position in this ranking was occupied by Nigeria (X cubic meters), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Nigeria (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of argon to Belgium, comprising X% of total argon imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the Netherlands amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Nigeria (+X% per year).

Import Prices by Country

In 2018, the average argon import price amounted to $X per cubic meter, jumping by X% against the previous year. Overall, the import price indicated a strong increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, argon import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for argon attained their peak figure in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per cubic meter), while the price for Germany ($X per cubic meter) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 20111120 - Argon

This report provides an in-depth analysis of the argon 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.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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