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Belgium - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHot-Dipped Metal-Coated Sheet Price in Belgium - 2023
Contents:
- Hot-Dipped Metal-Coated Sheet Price in Belgium (FOB) - 2023
- Hot-Dipped Metal-Coated Sheet Price in Belgium (CIF) - 2023
- Hot-Dipped Metal-Coated Sheet Exports in Belgium
- Hot-Dipped Metal-Coated Sheet Imports in Belgium
Hot-Dipped Metal-Coated Sheet Price in Belgium (FOB) - 2023
In August 2023, the average hot-dipped metal-coated sheet export price amounted to $1,168 per ton, standing approximately at the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 12% m-o-m. The export price peaked at $1,295 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,577 per ton), while the average price for exports to Pakistan ($537 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hot-Dipped Metal-Coated Sheet Price in Belgium (CIF) - 2023
The average hot-dipped metal-coated sheet import price stood at $1,041 per ton in August 2023, almost unchanged from the previous month. In general, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 9.7% m-o-m. The import price peaked at $1,292 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from South Korea ($1,123 per ton) and Turkey ($1,034 per ton), while the price for Taiwan (Chinese) ($948 per ton) and Vietnam ($954 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Africa (0.0%), while the prices for the other major suppliers experienced a decline.
Hot-Dipped Metal-Coated Sheet Exports in Belgium
After three years of growth, overseas shipments of hot-dipped metal-coated sheet decreased by -8.8% to 3.2M tons in 2022. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.6%. As a result, the exports attained the peak of 3.5M tons, and then fell in the following year.
In value terms, hot-dipped metal-coated sheet exports rose sharply to $4B in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 57%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Export of Hot-Dipped Metal-Coated Sheet in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 701 | 759 | 1,417 | 1,374 | 25.1% |
Netherlands | 409 | 473 | 574 | 555 | 10.7% |
France | 354 | 312 | 577 | 549 | 15.8% |
Poland | 122 | 85.4 | 209 | 267 | 29.8% |
Italy | 57.5 | 43.8 | 107 | 156 | 39.5% |
Sweden | 70.8 | 60.9 | 96.8 | 145 | 27.0% |
Turkey | 67.6 | 91.4 | 92.5 | 138 | 26.9% |
United Kingdom | 228 | 138 | 167 | 131 | -16.9% |
Spain | 89.9 | 74.7 | 47.6 | 48.4 | -18.6% |
Others | 283 | 383 | 525 | 680 | 33.9% |
Total | 2,384 | 2,421 | 3,812 | 4,042 | 19.2% |
Top Export Markets for Hot-Dipped Metal-Coated Sheet from Belgium in 2022:
- Germany (1141.7K tons)
- Netherlands (424.5K tons)
- France (407.4K tons)
- Poland (217.6K tons)
- Turkey (135.2K tons)
- Italy (129.5K tons)
- United Kingdom (112.3K tons)
- Sweden (92.6K tons)
- Spain (39.5K tons)
Hot-Dipped Metal-Coated Sheet Imports in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of hot-dipped metal-coated sheet, when their volume decreased by -19.9% to 2.1M tons. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 84% against the previous year.
In value terms, hot-dipped metal-coated sheet imports reduced to $2.6B in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 159%. As a result, imports attained the peak of $2.9B, and then reduced in the following year.
Import of Hot-Dipped Metal-Coated Sheet in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 10.1 | 22.7 | 640 | 520 | 272.0% |
Germany | 92.1 | 268 | 400 | 466 | 71.7% |
Taiwan (Chinese) | 13.7 | 44.1 | 128 | 266 | 168.8% |
India | 43.0 | 92.1 | 519 | 239 | 77.1% |
France | 136 | 144 | 193 | 202 | 14.1% |
South Korea | 35.6 | 129 | 132 | 182 | 72.3% |
China | 74.7 | 44.1 | 117 | 132 | 20.9% |
South Africa | N/A | N/A | 112 | 110 | -1.8% |
Netherlands | 56.0 | 67.2 | 80.6 | 108 | 24.5% |
Russia | 2.4 | 68.8 | 110 | 99.1 | 245.6% |
Turkey | 17.4 | 130 | 245 | 89.4 | 72.6% |
Italy | 26.2 | 26.9 | 45.5 | 58.6 | 30.8% |
Austria | 9.0 | 15.1 | 29.6 | 42.5 | 67.8% |
Others | 59.9 | 53.3 | 111 | 97.0 | 17.4% |
Total | 576 | 1,105 | 2,864 | 2,611 | 65.5% |
Top Suppliers of Hot-Dipped Metal-Coated Sheet to Belgium in 2022:
- Vietnam (422.7K tons)
- Germany (308.3K tons)
- Taiwan (Chinese) (199.2K tons)
- India (193.9K tons)
- France (192.3K tons)
- South Korea (140.4K tons)
- China (124.2K tons)
- South Africa (90.1K tons)
- Netherlands (89.3K tons)
- Russia (77.9K tons)
- Turkey (70.6K tons)
- Italy (45.1K tons)
- Austria (38.2K tons)
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24105130 - Hot-dipped metal coated sheet and strip of a width . .600 mm
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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