Belgium: Market for Tubes, Pipes And Hoses Of Vulcanized Rubber 2024

Market Size for Tubes, Pipes And Hoses Of Vulcanized Rubber in Belgium

The Belgian rubber tube and pipe market surged to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption saw buoyant growth. Rubber tube and pipe consumption peaked in 2023 and is likely to see gradual growth in the immediate term.

Production of Tubes, Pipes And Hoses Of Vulcanized Rubber in Belgium

In value terms, rubber tube and pipe production totaled $X in 2023 estimated in export price. In general, the total production indicated notable growth from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Exports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Exports from Belgium

In 2023, rubber tube and pipe exports from Belgium dropped markedly to X tons, waning by X% on 2022 figures. In general, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, rubber tube and pipe exports declined modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of rubber tube and pipe exports from Belgium, together comprising X% of total exports. The UK, Poland, Brazil, the United States, Angola, the Czech Republic, Italy, Spain, Sweden and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the largest markets for rubber tube and pipe exported from Belgium worldwide, with a combined X% share of total exports. The UK, Poland, Brazil, the United States, Italy, Spain, Angola, Sweden, the Czech Republic and Denmark lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Angola, with a CAGR of X%, saw 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

In 2023, the average rubber tube and pipe export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2022 an increase of X%. The export price peaked in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Czech Republic ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hoses Of Vulcanized Rubber

Imports into Belgium

In 2023, approx. X tons of tubes, pipes and hoses of vulcanized rubber were imported into Belgium; picking up by X% against the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, rubber tube and pipe imports surged to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of rubber tube and pipe imports to Belgium, together comprising X% of total imports. India, China, Turkey, the Netherlands, Bulgaria, the United States, France, Mexico, the Czech Republic and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Turkey ($X) constituted the largest rubber tube and pipe suppliers to Belgium, with a combined X% share of total imports. Bulgaria, Italy, the United States, the Netherlands, France, China, India, the Czech Republic, Mexico and Sweden lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2023, the average rubber tube and pipe import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a modest expansion 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, rubber tube and pipe import price increased by X% against 2021 indices. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform