Earlier Report Observations
Between 2018 and 2021, the Belgian market for vulcanised rubber plates, sheets, strip, rods and profiles contracted in both volume and value. Market volume fell from 35 513 t to 28 889 t, while market value decreased from 118.9 million USD to 101.7 million USD.
From 2022, the market environment began to change with the entry of Rubbergreen, a Belgian company expanding the applications of recycled rubber, and with robust global demand from the automotive industry. The shift toward electric vehicles specifically increased the need for lightweight vulcanised rubber components, boosting demand for such parts.
In 2023, worldwide electric vehicle production continued to stimulate demand for vulcanised rubber, while rubber price fluctuations due to weather-related supply disruptions in Southeast Asia affected input costs for Belgian market participants.
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
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4.1. In kind
- 4.1.1. Production, 2018-2019, 2021
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2018-2019, 2021
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4.2. In value
- 4.2.1. Production, 2018-2019, 2021
- 4.2.2. Imports, 2018-2024
- 4.2.3. Exports, 2018-2024
- 4.2.4. Market size, 2018-2019, 2021
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4.1. In kind
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5. Production
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5.1. Production in Belgium
- 5.1.1. In kind, 2018-2019, 2021, t
- 5.1.2. In value, 2018-2019, 2021, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, 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, t
- 6.1.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, 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, t
- 6.2.2.1. Annual dynamics of product's exports from Belgium in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Belgium by countries, 2018-2024, 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, t
- 7.1.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, 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, t
- 7.2.2.1. Annual dynamics of product's imports to Belgium in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Belgium by countries, 2018-2024, 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, t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, 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 vulcanised rubber plates, sheets, strip, rods and profiles in Belgium
In value, 2017-2020, M $ US
In 2019, Belgium's output of vulcanised rubber plates, sheets, strip, rods, and profiles was valued at 127.1 million US dollars, representing a 17.6% decrease compared to the previous year.
Annual dynamics of production in Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (17.6%) | n/a | - |
In kind, 2017-2020, t
In 2019, Belgium produced 25,933 tonnes of vulcanised rubber plates, sheets, strip, rods, and profiles, marking a 12.5% decline from 2018.
Annual dynamics of production in Belgium in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (12.5%) | n/a | - |
Exports vulcanised rubber plates, sheets, strip, rods and profiles from Belgium
Exports in kind, t
After two years of decline, Belgium's exports of vulcanised rubber plates, sheets, strip, rods, and profiles increased in 2020, totalling 25,168 tonnes, up 1.8% from the previous year. Over the period 2017-2020, exports decreased by 5.8%, with a compound annual growth rate of -2.0%. The lowest export volume was recorded in 2019 at 24,722 tonnes, while the largest decline occurred in 2018 at 5.8%.
Annual dynamics of product's exports from Belgium in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.8%) | (1.8%) | 1.8% | (2.0%) |
From 2017 to 2020, Belgium's export structure in kind was highly diversified. France accounted for 18.6% of exports, the Netherlands for 9.4%, and Poland for 9.0%, together making up 36.9% of total flows. The remaining 63.1% was distributed among numerous smaller markets.
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
In 2020, Belgium exported 158.4 million US dollars worth of vulcanised rubber plates, sheets, strip, rods, and profiles, showing a moderate increase of 4.6% compared to 2019. The lowest export value was recorded in 2019 at 151.5 million US dollars, while the highest was in 2018 at 167.1 million US dollars. The largest decline occurred in 2019 at 9.3%, and the largest increase was in 2018 at 6.4%.
Annual dynamics of product's exports from Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.4% | (9.3%) | 4.6% | 0.3% |
Between 2017 and 2020, Belgium's export partner landscape in value terms was broad. France contributed 17.8% of exports, Germany 11.9%, and the Netherlands 9.0%, together accounting for 38.7% of total flows. The remaining 61.3% was directed to many other countries.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Belgium in value, 2017-2020
Imports vulcanised rubber plates, sheets, strip, rods and profiles to Belgium
Imports in kind, t
Belgium's imports of vulcanised rubber plates, sheets, strip, rods, and profiles declined for the second consecutive year in 2020, amounting to 29,433 tonnes, a 5.0% decrease from 2019. From 2017 to 2020, imports increased by 2.9%, equating to an annualized rate of 0.9%. The highest import volume was recorded in 2018 at 31,063 tonnes, with the largest increase also in 2018 at 8.6%.
Annual dynamics of product's imports to Belgium in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.6% | (0.3%) | (5.0%) | 0.9% |
From 2017 to 2020, Germany, the Netherlands, and the United States were the key sources for Belgium's imports in kind. Germany accounted for 37.0% of imports, the Netherlands for 23.0%, and the United States for 15.5%, together representing 75.6% 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, M $ US
In 2020, Belgium's imports of vulcanised rubber plates, sheets, strip, rods, and profiles amounted to 133.3 million US dollars, showing a slight year-on-year rise of 2.5%. Between 2017 and 2020, imports increased by 11.4%, with an annualized rate of 3.7%. The largest decline was recorded in 2019 at 1.3%, while the largest increase occurred in 2018 at 10.1%.
Annual dynamics of product's imports to Belgium in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.1% | (1.3%) | 2.5% | 3.7% |
Over the period 2017-2020, Germany, the United States, and the Netherlands consistently led Belgium's import structure in value terms. Germany accounted for 30.6% of imports, the United States for 17.2%, and the Netherlands for 15.3%, jointly making up 63.1% of total flows.
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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