Flexible iron or steel tubing market in Belgium

Earlier Report Observations

The Belgian market for flexible iron or steel tubing saw its value rise from $12.7 million in 2018 to a peak of $19.2 million in 2021, then contract to $13.6 million in 2022 before recovering to $15.7 million in 2023. By 2024, the market size had decreased to $12.6 million. Over the same period, domestic production more than doubled from $7.6 million to $15.1 million.

The 27% market growth in 2021 was supported by a broad 39% increase in flexible iron or steel tubing production across the European Union, which elevated regional supply and demand and flowed through to the Belgian market.

Despite the market contraction in 2024, local activity remained significant with the presence of major domestic trader HERREGODS-FRANSSEN A.G., which handles over 12 000 tons of steel tubes annually, and stable underlying demand evidenced by Belgium's relatively high per capita consumption of flat-rolled steel products.

Production flexible iron or steel tubing in Belgium

In value, 2017-2020, K $ US

In 2020, Belgium's production of flexible iron or steel tubing was valued at 10,975 thousand US dollars, showing only a slight fluctuation compared to 2019. Over the period from 2018 to 2020, production increased by 45.4%, with a compound annual growth rate of 13.3%.

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

In kind, 2017-2020, t

In 2020, Belgium produced 965.1 tonnes of flexible iron or steel tubing, remaining broadly stable compared to the previous year. From 2018 to 2020, production grew by 50.2%, with a compound annual growth rate of 14.5%.

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

Exports flexible iron or steel tubing from Belgium

Exports in kind, t

In 2020, Belgium's exports of flexible iron or steel tubing totalled 1,085 tonnes, marking a modest increase of 8.8% from 2019. Between 2017 and 2020, exports decreased by 3.8%, equating to an annualized decline of 1.3%. The lowest export volume was recorded in 2019 at 997 tonnes, while the highest was in 2018 at 1,299 tonnes. The largest decline occurred in 2019, falling by 23.3%, and the largest increase was in 2018, rising by 15.2%.

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

From 2017 to 2020, the three largest markets for Belgium's exports of flexible iron or steel tubing in kind were the Netherlands, France, and Germany, which together accounted for 62.6% 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

In 2020, Belgium's exports of flexible iron or steel tubing reached 19,911 thousand US dollars, up by 0.6% compared to 2019. Between 2017 and 2020, exports decreased by 6.2%, with an annualized decline of 2.1%. The lowest value was recorded in 2019 at 19,798 thousand US dollars, while the highest was in 2018 at 25,312 thousand US dollars. The largest decline occurred in 2019, falling by 21.8%, and the largest increase was in 2018, rising by 19.2%.

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

Throughout 2017 to 2020, the Netherlands, France, and Germany formed the core group of markets for Belgium's exports in value terms, accounting for 36.8%, 16.9%, and 10.3% of total exports, respectively. Together, they represented 64.1% of total export flows.

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

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

Imports flexible iron or steel tubing to Belgium

Imports in kind, t

In 2020, Belgium's imports of flexible iron or steel tubing amounted to 1,623 tonnes, which is 3.5% higher than in 2019. Over the period from 2017 to 2020, imports increased by 13.9%, with a compound annual growth rate of 4.4%. The highest import volume was recorded in 2018 at 1,739 tonnes. The largest decline occurred in 2019, falling by 9.7%, and the largest increase was in 2018, rising by 22.0%.

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

From 2017 to 2020, Belgium's imports of flexible iron or steel tubing in kind were spread across many countries. Germany, Turkey, and China were the top sources, accounting for 27.7%, 11.1%, and 10.1% of imports, respectively, but together they represented only 48.9% 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, K $ US

In 2020, Belgium's imports of flexible iron or steel tubing totalled 24,012 thousand US dollars, indicating a moderate gain of 3.2% compared to 2019. Between 2017 and 2020, imports decreased by 11%, with an annualized decline of 3.8%. The lowest value was recorded in 2019 at 23,259 thousand US dollars, while the highest was in 2018 at 30,486 thousand US dollars. The largest decline occurred in 2019, falling by 23.7%, and the largest increase was in 2018, rising by 12.9%.

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

Throughout 2017 to 2020, Germany, Austria, and Turkey remained the key partners for Belgium's imports in value terms, accounting for 33.4%, 10.2%, and 9.1% of imports, respectively. Together, they represented 52.8% of total import flows.

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

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