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Belgium - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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Belgium: Overview of the Market for Iron Ores And Concentrates 2021

Market Size for Iron Ores And Concentrates in Belgium

The Belgian iron ore and concentrate market rose slightly to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a mild contraction. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Iron ore and concentrate consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Exports of Iron Ores And Concentrates

Exports from Belgium

In 2020, shipments abroad of iron ores and concentrates increased by X% to X tonnes, rising for the third consecutive year after six years of decline. Overall, exports continue to indicate a perceptible increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron ore and concentrate exports skyrocketed to $X in 2020. In general, exports posted a perceptible increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for iron ore and concentrate exports from Belgium, accounting for a X% share of total exports. Moreover, iron ore and concentrate exports to Germany exceeded the volume sent to the second major destination, France (X tonnes), sixfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) emerged as the key foreign market for iron ore and concentrate exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average iron ore and concentrate export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2018 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2020, the country with the highest price was France ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Imports of Iron Ores And Concentrates

Imports into Belgium

Iron ore and concentrate imports into Belgium fell to X tonnes in 2020, which is down by -X% against 2019. In general, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, iron ore and concentrate imports stood at $X in 2020. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Canada (X tonnes) constituted the largest iron ore and concentrate supplier to Belgium, with a X% share of total imports. Moreover, iron ore and concentrate imports from Canada exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), twofold. Sweden (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Sweden (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of iron ore and concentrate to Belgium, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Canada totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Sweden (+X% per year).

Import Prices by Country

In 2020, the average iron ore and concentrate import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, import price indicated notable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, iron ore and concentrate import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Sweden ($X per tonne) and Canada ($X per tonne), while the price for Brazil ($X per tonne) and Ukraine ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ukraine (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in the world?
+
China (1,493M tonnes) remains the largest iron ore and concentrate consuming country worldwide, accounting for 61% of total volume. Moreover, iron ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, India (178M tonnes), eightfold. The third position in this ranking was occupied by Brazil (106M tonnes), with a 4.4% share.
What are the largest producers of iron ores and concentrates in the world?
+
Australia (900M tonnes) remains the largest iron ore and concentrate producing country worldwide, accounting for 37% of total volume. Moreover, iron ore and concentrate production in Australia exceeded the figures recorded by the second-largest producer, Brazil (400M tonnes), twofold. The third position in this ranking was occupied by China (340M tonnes), with a 14% share.
What are the leading suppliers of iron ores and concentrates to Belgium?
+
In value terms, Canada ($296M) constituted the largest supplier of iron ore and concentrate to Belgium, comprising 49% of total imports. The second position in the ranking was occupied by Brazil ($120M), with a 20% share of total imports. It was followed by Sweden, with a 19% share.
What are the leading importers of iron ores and concentrates from Belgium?
+
In value terms, Germany ($4.1M) emerged as the key foreign market for iron ore and concentrate exports from Belgium, comprising 79% of total exports. The second position in the ranking was occupied by France ($679K), with a 13% share of total exports.
What is the average export price for iron ores and concentrates in Belgium?
+
The average iron ore and concentrate export price stood at $130 per tonne in 2020, picking up by 3.3% against the previous year.
What is the average import price for iron ores and concentrates in Belgium?
+
The average iron ore and concentrate import price stood at $103 per tonne in 2020, picking up by 23% against the previous year.

Product coverage:

This report provides an in-depth analysis of the market for iron ore and concentrate 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 2025.


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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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