Cement, concrete or artificial stone articles market in Belgium

Earlier Report Observations

The market volume for cement, concrete or artificial stone articles in Belgium fluctuated between 2018 and 2024. After a decline to 10 768 thousand tonnes in 2019, consumption rebounded strongly, reaching 13 547 thousand tonnes in 2022. A slight contraction followed in 2023 before a modest recovery to 13 443 thousand tonnes in 2024.

In 2022, the market faced substantial cost pressures which influenced its value. Inflation drove up prices across the sector, while the cost of CO₂ emission quotas surged from €28 in late 2020 to €100 per tonne, directly increasing production expenses for cement manufacturers. This rise in input costs contributed to higher market prices, reflected in the market value growth to 1 477 million USD that year despite a more moderate volume increase.

Production cement, concrete or artificial stone articles in Belgium

In value, 2017-2020, M $ US

In 2020, Belgium's production of cement, concrete, and artificial stone articles was valued at 1 591 million US dollars, marking a moderate year-over-year increase of 8.7%. Over the period from 2017 to 2020, production grew by 8.5%, with a compound annual growth rate of 2.8%. The lowest value was recorded in 2019 at 1 463 million US dollars, while the highest was in 2018 at 1 620 million US dollars. The largest decline occurred in 2019, with a drop of 9.7%, whereas the largest increase was in 2018, with a rise of 10.5%.

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

In kind, 2017-2020, K t

In 2020, Belgium produced 12 723 thousand tonnes of cement, concrete, and artificial stone articles, showing a limited year-over-year gain of 8.0%. Between 2017 and 2020, production increased by 11.7%, which translates to an annualized growth rate of 3.8%. The largest decline was recorded in 2019, with a decrease of 2.5%.

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

Exports cement, concrete or artificial stone articles from Belgium

Exports in kind, K t

Following a two-year period of growth, the volume of cement, concrete, and artificial stone articles exported from Belgium declined. In 2020, exports totaled 1 644 thousand tonnes, representing a modest contraction of 6.9% compared to 2019. The highest volume was recorded in 2019 at 1 767 thousand tonnes, with the largest increase that year at 5.4%.

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

From 2017 to 2020, the Netherlands, France, and Luxembourg were the primary buyers of cement, concrete, and artificial stone articles from Belgium, accounting for 40.8%, 33.3%, and 12.5% of exports in kind, respectively. Together, these three countries made up 86.6% of total exports in kind.

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

After two years of gains, Belgium's export volume of cement, concrete, and artificial stone articles declined. In 2020, exports amounted to 355.9 million US dollars, showing a moderate year-over-year decrease of 3.2%. Between 2017 and 2020, exports increased by 22.2%, equating to an annualized growth rate of 6.9%. The highest value was recorded in 2019 at 367.7 million US dollars, with the largest increase occurring in 2018 at 20.8%.

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

From 2017 to 2020, the Netherlands, France, and Luxembourg were the three main markets for Belgium's exports of cement, concrete, and artificial stone articles in value terms, collectively absorbing 79.2% of total exports.

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

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

Imports cement, concrete or artificial stone articles to Belgium

Imports in kind, K t

After a two-year decline, the volume of cement, concrete, and artificial stone articles imported into Belgium increased. In 2020, imports reached 793 thousand tonnes, indicating a moderate advance of 5.1% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 7.8%, with a compound annual growth rate of 2.7%. The lowest volume was recorded in 2019 at 754 thousand tonnes, with the largest decline that year at 8.4%.

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

From 2017 to 2020, the Netherlands and Germany led the list of markets for imports in kind of cement, concrete, and artificial stone articles into Belgium, together accounting for 91.1% of total flows, while other partners played a supplementary role.

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 cement, concrete, and artificial stone articles reached 129.8 million US dollars, up by 8.4% compared to the previous year. Between 2017 and 2020, imports decreased by 6.4%, equating to an annualized decline of 2.2%. The lowest value was recorded in 2019 at 119.7 million US dollars, while the highest was in 2018 at 143.4 million US dollars. The largest decline occurred in 2019, with a drop of 16.5%.

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

From 2017 to 2020, the Netherlands, Germany, and France were the leading suppliers of cement, concrete, and artificial stone articles to Belgium in value terms, accounting for 37.4%, 29.5%, and 7.2% of imports, respectively. Together, these three countries took 74.2% of total imports in value terms.

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

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