Belgium: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Belgium

The Belgian natural stone sett market plummeted to $X in 2022, which is down by X% against the previous year. In general, consumption saw a deep contraction. Natural stone sett consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Natural Stone Sett Production in Belgium

In value terms, natural stone sett production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Natural Stone Sett Exports

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of natural stone setts, kerbstones and flagstones, when their volume decreased by X% to X tons. Over the period under review, exports recorded a mild slump. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural stone sett exports contracted remarkably to $X in 2022. Overall, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of natural stone sett exports from Belgium, together accounting for X% of total exports. The UK and Luxembourg lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X) remains the key foreign market for natural stone setts, kerbstones and flagstones exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

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

Export Prices by Country

In 2022, the average natural stone sett export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 France ($X per ton), while the average price for exports to the UK ($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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Stone Sett Imports

Imports into Belgium

In 2022, overseas purchases of natural stone setts, kerbstones and flagstones decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, natural stone sett imports contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of natural stone sett to Belgium, with a X% share of total imports. Moreover, natural stone sett imports from the Netherlands exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by China (X tons), with a X% share.

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

In value terms, China ($X), Vietnam ($X) and India ($X) were the largest natural stone sett suppliers to Belgium, with a combined X% share of total imports. The Netherlands, Turkey, Portugal and France lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average natural stone sett import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :