Belgium: Register Book Market 2024

Register Book Market Size in Belgium

In 2023, the Belgian register book market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Register Book Production in Belgium

In value terms, register book production shrank to $X in 2023 estimated in export price. Over the period under review, production, however, showed a deep contraction. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Register book production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Register Book Exports

Exports from Belgium

In 2023, shipments abroad of registers, account books, order books and receipt books decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, register book exports expanded remarkably to $X in 2023. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main destinations of register book exports from Belgium, together accounting for X% of total exports. Cameroon, Luxembourg, the UK, Italy and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cameroon (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for register book exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to 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 register book export price stood at $X per ton in 2023, surging by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, 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.

Register Book Imports

Imports into Belgium

In 2023, after two years of growth, there was decline in supplies from abroad of registers, account books, order books and receipt books, when their volume decreased by X% to X tons. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, register book imports rose sharply to $X in 2023. Overall, imports, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are likely to continue growth in years to come.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest register book supplier to Belgium, accounting for a X% share of total imports. Moreover, register book imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, 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: China (X% per year) and France (X% per year).

In value terms, China ($X), the Netherlands ($X) and France ($X) were the largest register book suppliers to Belgium, with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average register book import price stood at $X per ton in 2023, growing by X% against the previous year. Overall, import price indicated slight growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, register book import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2023, 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