Belgium: Sheet Piling Market 2024

Sheet Piling Market Size in Belgium

The Belgian sheet piling market surged to $X in 2022, growing 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). In general, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sheet Piling Exports

Exports from Belgium

In 2022, overseas shipments of sheet piling, shapes and sections (of iron or steel) increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sheet piling exports skyrocketed to $X in 2022. Overall, exports recorded a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for sheet piling exports from Belgium, accounting for a X% share of total exports. Moreover, sheet piling exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by Kazakhstan (X tons), with an X% share.

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

In value terms, the Netherlands ($X) remains the key foreign market for sheet piling, shapes and sections (of iron or steel) exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

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

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

Sheet Piling Imports

Imports into Belgium

In 2022, overseas purchases of sheet piling, shapes and sections (of iron or steel) increased by X% to X tons, rising for the fourth consecutive year after four years of decline. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sheet piling imports surged to $X in 2022. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest sheet piling supplier to Belgium, with a X% share of total imports. Moreover, sheet piling imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Luxembourg (X tons), fourfold.

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: Luxembourg (X% per year) and China (X% per year).

In value terms, the largest sheet piling suppliers to Belgium were the Netherlands ($X), Luxembourg ($X) and China ($X), together comprising X% 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

In 2022, the average sheet piling import price amounted to $X per ton, waning by X% against the previous year. In general, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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