Stabilisers for rubber or plastics market in Belgium

Earlier Report Observations

The Belgian market for rubber and plastics stabilisers began the period at a high volume, supported in 2018 by strong prior-year growth in European production of these compounds. This was followed by a notable contraction through 2020, primarily driven by the widespread supply chain and logistical disruptions caused by the COVID-19 pandemic, which reduced both production and consumption.

After a partial rebound in imports during 2021, the market faced significant downward pressure in 2023. This sharp decline was largely attributable to global factors, including rising raw material costs and persistent supply chain bottlenecks, which squeezed production volumes and market value.

A recovery in market volume occurred in 2024, bolstered by steady demand from key consuming industries like automotive and construction. Furthermore, the European Union's decision to withdraw its proposed restriction on substances like TBBP-A and MCCPs provided regulatory stability, supporting market activity.

Production stabilisers for rubber or plastics in Belgium

In value, 2017-2020, M $ US

Belgium's production of stabilisers for rubber or plastics declined for the second consecutive year. In 2020, output was valued at 177.9 million US dollars, marking a significant drop of 21.1% compared to 2019. Production decreased by 20.6% over the period from 2017 to 2020, with a compound annual growth rate of 7.4%. The highest value was recorded in 2018 at 254.1 million US dollars, which also saw the largest increase of 13.4%.

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

In kind, 2017-2020, t

Production of stabilisers for rubber or plastics in Belgium declined for the second consecutive year. In 2020, Belgium produced 70 695 tonnes, representing a robust year-on-year fall of 11.9%. Between 2017 and 2020, production decreased by 2.4%, equating to an annualized rate of 0.8%. The peak was in 2018 with 84 819 tonnes, which also experienced the largest increase of 17.1%.

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

Exports stabilisers for rubber or plastics from Belgium

Exports in kind, t

Export volumes of stabilisers for rubber or plastics from Belgium declined for the second consecutive year. In 2020, exports totalled 8 199 tonnes, showing a drop of 15.7% from 2019. The maximum value was recorded in 2018 at 11 004 tonnes, which saw the largest increase of 36.3%.

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

From 2017 to 2020, Germany, France, and the Netherlands were the main markets for Belgium's exports of stabilisers for rubber or plastics in kind. Germany accounted for 33.3% of exports, France for 19.8%, and the Netherlands for 16.4%, jointly representing 69.6% of total 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

Belgium's exports of stabilisers for rubber or plastics in value terms declined for the second consecutive year. In 2020, exports stood at 34 437 thousand US dollars, amounting to a significant drop of 14.2% compared to 2019. Between 2017 and 2020, exports decreased by 6.4%, equating to an annualized rate of 2.2%. The highest value was in 2018 at 43 879 thousand US dollars, which recorded the largest increase of 19.2%.

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

From 2017 to 2020, exports in value terms of stabilisers for rubber or plastics from Belgium were distributed across many countries. Germany accounted for 25.5% of exports, France for 11.1%, and Luxembourg for 9.6%, jointly making up 46.1% of total 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 stabilisers for rubber or plastics to Belgium

Imports in kind, t

Belgium's import volume of stabilisers for rubber or plastics increased for the second consecutive year. In 2020, imports totalled 19 835 tonnes, remaining virtually unchanged compared to 2019. Between 2017 and 2020, imports decreased by 5.2%, equating to an annualized rate of 1.7%. The lowest value was in 2018 at 16 880 tonnes, which saw the largest decline of 19.3%. The largest increase occurred in 2019 at 17.4%.

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

Over the period from 2017 to 2020, Germany, Italy, and Austria were the leading sources for Belgium's imports of stabilisers for rubber or plastics in kind. Germany accounted for 48.6% of imports, Italy for 19.9%, and Austria for 10.1%, with a combined share of 78.7% of total 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

Imports of stabilisers for rubber or plastics to Belgium declined for the second consecutive year. In 2020, imports amounted to 72 112 thousand US dollars, showing a decrease of 3.2% compared to 2019. Over the period from 2017 to 2020, imports increased by 3.9%, with a compound annual growth rate of 1.3%. The maximum value was recorded in 2018 at 76 221 thousand US dollars, which saw the largest increase of 9.9%.

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

From 2017 to 2020, three principal markets—Germany, Italy, and the United States—together accounted for 72.6% of total imports in value terms of stabilisers for rubber or plastics to Belgium.

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

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