Belgium: Natural Polymers Market 2024

Natural Polymers Market Size in Belgium

The Belgian natural polymers market shrank markedly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a abrupt decline. Natural polymers consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Natural Polymers Production in Belgium

In value terms, natural polymers production reduced rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a dramatic slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Natural Polymers Exports

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of natural and modified natural polymers in primary forms, when their volume decreased by X% to X tons. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, natural polymers exports dropped slightly to $X in 2022. Overall, exports, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

The Netherlands (X tons), Japan (X tons) and France (X tons) were the main destinations of natural polymers exports from Belgium, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for natural polymers exported from Belgium were the Netherlands ($X), Japan ($X) and the United States ($X), with a combined X% share of total exports.

Among the main countries of destination, Japan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average natural polymers export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

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

Natural Polymers Imports

Imports into Belgium

After seven years of growth, supplies from abroad of natural and modified natural polymers in primary forms decreased by X% to X tons in 2022. Overall, imports recorded a mild descent. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, natural polymers imports rose rapidly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of natural polymers imports to Belgium, with a combined X% share of total imports. France, Germany, Norway, Austria, the UK and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to Belgium, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

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

Import Prices by Country

In 2022, the average natural polymers import price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform