Earlier Report Observations
The Belgian portland cement market's physical volume contracted from approximately 2.9 million tons in 2018 to 2.1 million tons in 2024. Over the same period, the market's value in US dollars increased from $259 million to a peak of $348.8 million in 2023, before declining to $307 million in 2024.
Domestic production fell from 3.7 million tons to 3.1 million tons, while exports remained consistently above 1.5 million tons each year. Imports also decreased, from 649 000 tons to 496 000 tons, contributing to the reduction in total domestic supply.
The most pronounced drop in market volume occurred between 2022 and 2024, when it fell by over 600 000 tons. The simultaneous peak in market value in 2023 indicates a substantial rise in the average price per ton during the latter years of the period.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018, 2020, 2022-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018, 2020, 2022-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018, 2020, 2022-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018, 2020, 2022-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Belgium
- 5.1.1. In kind, 2018, 2020, 2022-2024, K t
- 5.1.2. In value, 2018, 2020, 2022-2024, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, M $ US
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5.1. Production in Belgium
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Belgium, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Belgium by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Belgium in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Belgium by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Belgium, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Belgium by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Belgium, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Belgium by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Belgium in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Belgium by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Belgium, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Belgium by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production portland cement in Belgium
In value, 2017-2020, M $ US
In 2020, Belgium's portland cement output was valued at 348.1 million US dollars, marking a 3.6% increase compared to 2019. From 2017 to 2020, production grew by 10.8%, which translates to an annualized growth rate of 3.5%.
Annual dynamics of production in Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.6% | n/a | n/a | 3.5% |
In kind, 2017-2020, K t
In 2020, Belgium produced 3 989 thousand tonnes of portland cement, up 1.2% year-over-year. Over the 2017-2020 period, production increased by 7.8%, with a compound annual growth rate of 2.5%.
Annual dynamics of production in Belgium in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.2% | n/a | n/a | 2.5% |
Exports portland cement from Belgium
Exports in kind, K t
Portland cement exports from Belgium rose for the second year in a row. In 2020, exports reached 1 824 thousand tonnes, a 7.7% increase from the previous year. From 2017 to 2020, exports grew by 19.1%, with a compound annual growth rate of 6.0%. The lowest export volume was recorded in 2018 at 1 513 thousand tonnes, which saw the largest decline of 1.2%. In contrast, the largest increase occurred in 2019, with an 11.9% rise.
Annual dynamics of product's exports from Belgium in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.2%) | 11.9% | 7.7% | 6.0% |
Between 2017 and 2020, France and the Netherlands dominated Belgium's portland cement exports in kind, accounting for 95.4% of the total. France held a 60.3% share, while the Netherlands contributed 35.2%, with other partners making up the remainder.
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
Portland cement exports from Belgium increased for the second consecutive year. In 2020, exports amounted to 150.6 million US dollars, showing a modest 9.0% rise compared to 2019. However, over the 2017-2020 period, exports decreased by 3.9%, with a compound annual growth rate of -1.3%. The lowest value was recorded in 2018 at 121.7 million US dollars, which experienced the largest decline of 22.3%. The largest increase occurred in 2019, with a 13.5% growth.
Annual dynamics of product's exports from Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (22.3%) | 13.5% | 9.0% | (1.3%) |
From 2017 to 2020, France and the Netherlands together accounted for 95.5% of Belgium's portland cement exports in value terms, with the rest distributed among smaller markets.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Belgium in value, 2017-2020
Imports portland cement to Belgium
Imports in kind, K t
In 2020, Belgium's imported portland cement volumes stood at 585 thousand tonnes, a 15.0% decrease from the prior year. Between 2017 and 2020, imports fell by 22.9%, equating to an annualized decline of 8.3%. The largest increase was recorded in 2019, with a 6.0% rise.
Annual dynamics of product's imports to Belgium in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.5%) | 6.0% | (15.0%) | (8.3%) |
During 2017-2020, Germany, the Netherlands, and Luxembourg were the main sources for Belgium's portland cement imports in kind, collectively absorbing 84.0% of the total. Germany led with 50.2%, followed by the Netherlands at 24.3%, and Luxembourg at 9.5%.
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
Belgium's portland cement import value increased for the second year in a row. In 2020, imports reached 59.5 million US dollars, reflecting a moderate 4.2% uptick from the previous year. From 2017 to 2020, imports grew by 3.3%, with an annualized rate of 1.1%. The lowest value was recorded in 2018 at 55.1 million US dollars, which saw the largest decline of 4.3%.
Annual dynamics of product's imports to Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.3%) | 3.6% | 4.2% | 1.1% |
Between 2017 and 2020, Germany, the Netherlands, and Luxembourg formed the primary group for Belgium's portland cement imports in value terms, with a combined share of 84.2%. Germany accounted for 46.6%, the Netherlands for 27.9%, and Luxembourg for 9.6%.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Belgium in value, 2017-2020
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