Business forms and interleaved carbon sets market in Belgium

Earlier Report Observations

The market for business forms and interleaved carbon sets in Belgium experienced a pronounced multi-year contraction from 2018 to 2022. Volume fell from 14 133 t to 4 726 t, a decline of over 65%. This downward trajectory was briefly interrupted in 2023 when market volume recovered by 27% to reach 6 006 t.

In value terms, the market followed a similar pattern, decreasing from 62.3 million USD in 2018 to 29.3 million USD in 2022. The temporary rebound in 2023 brought the market value to 32.5 million USD, before it declined again to 25.6 million USD in 2024, aligning with the final volume of 4 642 t.

Production business forms and interleaved carbon sets in Belgium

In value, 2017-2020, K $ US

Belgium's production of business forms and interleaved carbon sets declined for the second year in a row. In 2020, output was valued at 35 221 thousand US dollars, marking a 16.4% decrease from the previous year. From 2017 to 2020, production fell by 34.4%, which translates to an annualized decline of 13.1%. The highest value was recorded in 2018 at 60 617 thousand US dollars. The largest annual decrease occurred in 2019, at 30.5%, while the largest increase was in 2018, at 12.9%.

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

In kind, 2017-2020, t

Belgium's production of business forms and interleaved carbon sets fell for the second consecutive year. In 2020, 8 389 tonnes were produced, representing a significant 18.6% drop compared to 2019. Over the 2017-2020 period, production decreased by 35.5%, with a compound annual growth rate (CAGR) of -13.6%. The peak was in 2018, with 14 048 tonnes. The largest annual decline was in 2019, at 26.7%, while the largest increase was in 2018, at 8.1%.

Annual dynamics of production in Belgium in kind, 2017-2020, t

Exports business forms and interleaved carbon sets from Belgium

Exports in kind, t

After two years of growth, Belgium's exports of business forms and interleaved carbon sets declined. In 2020, exports stood at 271.9 tonnes, down 29.3% from the previous year. From 2017 to 2020, exports increased by 9%, equivalent to an annualized growth rate of 2.9%. The highest volume was recorded in 2019 at 384.7 tonnes. The largest annual increase occurred in 2018, at 38.1%.

Annual dynamics of product's exports from Belgium in kind, 2017-2020, t

From 2017 to 2020, Germany, Luxembourg, and the Netherlands were the key partners for Belgium's exports of business forms and interleaved carbon sets in volume terms. Germany accounted for 43.3% of exports, Luxembourg for 16.0%, and the Netherlands for 14.8%. Together, these three countries represented 74.1% of total export flows.

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, K $ US

Following two years of growth, Belgium's exports of business forms and interleaved carbon sets decreased. In 2020, exports amounted to 1 034 thousand US dollars, showing a modest 8.5% year-over-year decline. Between 2017 and 2020, exports rose by 6.8%, equating to an annualized growth rate of 2.2%. The peak value was in 2019 at 1 130 thousand US dollars. The largest annual increase was in 2018, at 15.3%.

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

From 2017 to 2020, Germany, the Netherlands, and Luxembourg were the primary buyers of business forms and interleaved carbon sets from Belgium in value terms. Germany held a 29.5% share of exports, the Netherlands 19.2%, and Luxembourg 12.1%. Collectively, these three countries accounted for 60.9% of total export value.

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

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

Imports business forms and interleaved carbon sets to Belgium

Imports in kind, t

Import volumes showed significant volatility during this period. In 2018, imports reached a low of 429.8 tonnes, then surged to a high of 949.4 tonnes in 2020, representing a 2.2-fold increase between these years. The 2020 figure marked a sharp 96.1% rise compared to 2019. The largest annual decline was in 2018, at 36.6%.

Annual dynamics of product's imports to Belgium in kind, 2017-2020, t

From 2017 to 2020, the Netherlands dominated Belgium's imports of business forms and interleaved carbon sets in volume terms, accounting for 76.6% of total flows. Other markets had relatively minor shares.

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, K $ US

In 2020, Belgium's imports of business forms and interleaved carbon sets totaled 3 822 thousand US dollars, showing a 46.5% increase from the previous year. Over the 2017-2020 period, imports grew by 55.7%, with a compound annual growth rate (CAGR) of 15.9%. The largest annual decline was in 2019, at 7.1%.

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

From 2017 to 2020, the Netherlands and France were the key partner countries for Belgium's imports of business forms and interleaved carbon sets in value terms. Together, they accounted for 94.4% of total import flows, with other partners making up the remainder.

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

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