Belgium: Metal Bath Market 2024

Metal Bath Market Size in Belgium

The Belgian metal bath market stood at $X in 2022, standing approx. at the previous year. In general, consumption continues to indicate a pronounced reduction. Metal bath consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Bath Production in Belgium

In value terms, metal bath production reached $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Metal bath production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Metal Bath Exports

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of baths of iron or steel, when their volume decreased by X% to X units. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal bath exports expanded markedly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X units), the Netherlands (X units) and Germany (X units) were the main destinations of metal bath exports from Belgium, with a combined X% share of total exports. The United Arab Emirates, Luxembourg, Hungary, the United States, the UK and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for baths of iron or steel exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual growth rate of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average metal bath export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price showed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Luxembourg ($X per unit) was amongst the lowest.

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

Metal Bath Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in supplies from abroad of baths of iron or steel, when their volume decreased by X% to X units. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, metal bath imports contracted significantly to $X in 2022. Overall, imports showed a deep slump. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest metal bath supplier to Belgium, accounting for a X% share of total imports. Moreover, metal bath imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, Germany ($X) constituted the largest supplier of baths of iron or steel to Belgium, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average metal bath import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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