Props for scaffolding, shuttering or pit-propping market in Belgium

Earlier Report Observations

From 2018 to 2024, the Belgian market for steel props and similar equipment experienced significant volatility in physical volume. After a slight decrease to 143 thousand tons in 2019, market size surged to a peak of 168 thousand tons in 2020. A sharp contraction followed, with volume dropping to 131 thousand tons in 2021 and 128 thousand tons in 2022, before a steep decline to 87 thousand tons in 2023. The market partially recovered to 104 thousand tons in 2024, but remained well below the levels seen at the start of the period.

In value terms, the market showed a different pattern, reaching its highest point of $187.4 million in 2022 despite lower physical volume that year. By 2024, the market value was $167.8 million, indicating shifts in pricing or product mix alongside volume changes over the seven-year span.

Production props for scaffolding, shuttering or pit-propping in Belgium

In value, 2017-2020, M $ US

The market exhibited volatility during the observed period. Import levels fluctuated, with the lowest point in 2017 and the highest in 2020, showing a 1.8-fold difference between these years. In 2020, Belgium's output of props for scaffolding, shuttering, or pit-propping was valued at 148.3 million US dollars, representing a 9.9% increase from the previous year. The largest decline occurred in 2019 at 4.2%, while the largest increase was recorded in 2018 at 72.3%.

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

In kind, 2017-2020, K t

In 2020, Belgium produced 151.2 thousand tonnes of props for scaffolding, shuttering, or pit-propping, marking a 13.6% rise from 2019. Between 2017 and 2020, production grew by 32%, which translates to an annualized rate of 9.7%. The largest decline was in 2019 at 4.8%, and the largest increase occurred in 2018 at 22.2%.

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

Exports props for scaffolding, shuttering or pit-propping from Belgium

Exports in kind, t

Exports of props for scaffolding, shuttering, or pit-propping from Belgium declined for the second consecutive year. In 2020, exports amounted to 25 565 tonnes, down 9.7% from 2019. Between 2017 and 2020, exports decreased by 19.3%, equating to an annualized rate of 6.9%. The maximum value was recorded in 2018 at 32 443 tonnes. The largest decline occurred in 2019 at 12.8%, while the largest increase was in 2018 at 2.4%.

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

From 2017 to 2020, Germany, the Netherlands, and France were the core destinations for Belgium's exports in kind. Germany accounted for 26.5% of exports, the Netherlands for 24.6%, and France for 19.8%, together representing 71.0% 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

Exports of props for scaffolding, shuttering, or pit-propping from Belgium declined for the second year in a row. In 2020, exports reached 50 789 thousand US dollars, a 12.2% decrease compared to the previous year. Between 2017 and 2020, exports fell by 12.7%, with an annualized rate of 4.4%. The maximum value was in 2018 at 61 629 thousand US dollars, and the largest increase occurred that same year at 5.9%.

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

Between 2017 and 2020, the Netherlands, Germany, and France were the main buyers of props for scaffolding, shuttering, or pit-propping from Belgium in value terms. The Netherlands accounted for 24.1% of exports, Germany for 24.0%, and France for 24.0%, together comprising 72.1% 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 props for scaffolding, shuttering or pit-propping to Belgium

Imports in kind, t

In 2020, Belgium's imports of props for scaffolding, shuttering, or pit-propping totalled 42 164 tonnes, showing a notable 10.1% increase year-over-year. Between 2017 and 2020, imports rose by 15.9%, equating to an annualized rate of 5.0%. The maximum value was recorded in 2018 at 44 252 tonnes. The largest decline occurred in 2019 at 13.5%, while the largest increase was in 2018 at 21.6%.

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

From 2017 to 2020, the Netherlands, Germany, and China formed the core of Belgium's imports in kind. The Netherlands accounted for 33.0% of imports, Germany for 14.9%, and China for 10.1%, together representing 57.9% 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

The volume of props for scaffolding, shuttering, or pit-propping imports into Belgium declined for the second consecutive year. In 2020, imports stood at 80 045 thousand US dollars, reflecting a 7.5% decrease compared to the previous year. Over the period from 2017 to 2020, imports increased by 4.9%, with a compound annual growth rate of 1.6%. The maximum value was in 2018 at 95 925 thousand US dollars. The largest decline occurred in 2019 at 9.8%, while the largest increase was in 2018 at 25.8%.

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

Between 2017 and 2020, the Netherlands, Germany, and Austria were the leading suppliers of props for scaffolding, shuttering, or pit-propping to Belgium in value terms. The Netherlands accounted for 36.8% of imports, Germany for 16.8%, and Austria for 9.7%, with their combined share reaching 63.3% 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