Asphalt or similar material articles in rolls market in Belgium

Earlier Report Observations

Between 2018 and 2022, the Belgian market for asphalt articles in rolls strengthened its production base. In 2018, Willemen Groep operated four modern asphalt plants in Flanders, expanding production capacity and improving the availability of quality materials. Market leader Holcim Belgique further solidified its influence, ensuring stable supply. By 2020, the adoption of mobile crushers for on-site asphalt recycling reduced raw material and transport costs, making production more cost-efficient and supporting volume growth. This trend continued into 2022 when TRBA commissioned a unique mobile asphalt mixing plant in Belgium, enhancing production flexibility and coating quality, which underpinned market expansion.

Following a peak in 2022, the market volume contracted in 2023. During this period, the industry focused on sustainability and efficiency, evidenced by strengthened synergies among Stadsbader Group's plants and VINASPHALT achieving a CO2-Conscious level 3 certification from COPRO. A sharp recovery occurred in 2024, with the market reaching 173.6 million US dollars. This resurgence was partly driven by indirect demand from Belgium's automotive sector, where rising electric vehicle registrations stimulated road infrastructure upgrades, including asphalt surfacing. Major producers like VINASPHALT maintained COPRO certification, ensuring quality and innovation to support consumer confidence.

Production asphalt articles in rolls in Belgium

In value, 2017-2020, M $ US

Annual dynamics of production in Belgium in value, 2017-2020, M $ US

In kind, 2017-2020, K m²

Annual dynamics of production in Belgium in kind, 2017-2020, K m²

Exports asphalt articles in rolls from Belgium

Exports in kind, K m²

Belgium's exports of asphalt or similar material articles in rolls rebounded in 2020 after two consecutive years of decline. In 2020, the country exported 34 179 K m², marking a significant 52.6% increase compared to the previous year. Looking at the period from 2017 to 2020, overall exports decreased by 6.2%, with a compound annual growth rate of 2.1%. The lowest export volume was recorded in 2019 at 22 405 K m², while the sharpest decline occurred in 2018 with a drop of 32.9%.

Annual dynamics of product's exports from Belgium in kind, 2017-2020, K m²

From 2017 to 2020, three key markets—the Netherlands, Denmark, and Luxembourg—collectively accounted for 56.7% of Belgium's total exports in kind of asphalt or similar material articles in rolls.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Belgium in kind, 2017-2020

Exports in value, M $ US

Belgium's exports of asphalt or similar material articles in rolls in value terms grew for the third year in a row in 2020. The country exported 101.3 M $ US worth of these goods, showing a modest 1.0% rise from the previous year. Over the 2017-2020 period, export value increased by 23.5%, translating to a compound annual growth rate of 7.3%.

Annual dynamics of product's exports from Belgium in value, 2017-2020, M $ US

Between 2017 and 2020, the Netherlands, Denmark, and France were the top buyers of asphalt or similar material articles in rolls from Belgium in value terms. The Netherlands led with 35.7% of exports, followed by Denmark at 10.8% and France at 9.7%. Together, these three countries represented 56.2% of Belgium's total export value for this product.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Belgium in value, 2017-2020

Imports asphalt articles in rolls to Belgium

Imports in kind, K m²

Belgium's imports of asphalt or similar material articles in rolls in volume terms fell for the third consecutive year in 2020. Imports reached 6 979 K m², down 10.7% year-over-year. From 2017 to 2020, import volume declined by 32.8%, which corresponds to an annualized decrease of 12.4%.

Annual dynamics of product's imports to Belgium in kind, 2017-2020, K m²

During the 2017-2020 period, France, Italy, and Germany were the primary sources for Belgium's imports in kind of asphalt or similar material articles in rolls. France accounted for 23.2% of imports, Italy for 22.9%, and Germany for 16.1%. Combined, these three partners made up 62.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Belgium in kind, 2017-2020

Imports in value, M $ US

In 2020, Belgium's imports of asphalt or similar material articles in rolls in value terms amounted to 34.9 M $ US, reflecting a strong 12.3% increase compared to the previous year. Over the 2017-2020 span, import value rose by 16.5%, with an annualized growth rate of 5.2%. The highest import value was recorded in 2018 at 36.3 M $ US, while the largest decline occurred in 2019 with a 14.5% drop. The most significant increase took place in 2018, with a 21.3% surge.

Annual dynamics of product's imports to Belgium in value, 2017-2020, M $ US

From 2017 to 2020, France, the Netherlands, and Germany dominated Belgium's imports in value terms for asphalt or similar material articles in rolls. France held the largest share at 41.7%, followed by the Netherlands at 19.0% and Germany at 16.2%. Together, these three countries comprised 77.0% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Belgium in value, 2017-2020