Belgium - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in Belgium - 2023
Contents:
- Mineral Wool Price in Belgium (CIF) - 2023
- Mineral Wool Price in Belgium (FOB) - 2022
- Mineral Wool Imports in Belgium
- Mineral Wool Exports in Belgium
Mineral Wool Price in Belgium (CIF) - 2023
The average mineral wool import price stood at $1,741 per ton in August 2023, growing by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in June 2023 an increase of 32% m-o-m. The import price peaked at $2,090 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($48,319 per ton), while the price for Slovenia ($1,108 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Mineral Wool Price in Belgium (FOB) - 2022
In 2022, the average mineral wool export price amounted to $1,920 per ton, with an increase of 7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 22%. The export price peaked at $2,587 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,206 per ton), while the average price for exports to Bahrain ($963 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.8%), while the prices for the other major destinations experienced a decline.
Mineral Wool Imports in Belgium
In 2022, imports of slag wool, rock wool and similar mineral wools and mixtures into Belgium amounted to 70K tons, increasing by 2% against 2021. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, mineral wool imports amounted to $110M in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Mineral Wool in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 55.8 | 56.7 | 64.6 | 72.5 | 9.1% |
| Germany | 8.4 | 8.7 | 9.8 | 12.1 | 12.9% |
| Slovenia | N/A | 1.5 | 7.1 | 10.1 | 159.5% |
| France | 6.1 | 7.7 | 7.1 | 6.7 | 3.2% |
| Poland | 2.6 | 3.8 | 4.0 | 2.5 | -1.3% |
| Italy | 0.8 | 1.1 | 2.2 | 2.1 | 37.9% |
| Others | 6.8 | 3.8 | 4.2 | 3.7 | -18.4% |
| Total | 80.5 | 83.4 | 99.1 | 110 | 11.0% |
Top Suppliers of Mineral Wool to Belgium in 2022:
- Netherlands (40.6K tons)
- Slovenia (12.4K tons)
- Germany (8.5K tons)
- France (2.6K tons)
- Italy (2.4K tons)
- Poland (2.2K tons)
Mineral Wool Exports in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of slag wool, rock wool and similar mineral wools and mixtures, when their volume decreased by -24% to 3.7K tons. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 84% against the previous year.
In value terms, mineral wool exports contracted notably to $7.1M in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Mineral Wool in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4,207 | 4,332 | 4,456 | 4,293 | 0.7% |
| France | 230 | 642 | 435 | 440 | 24.1% |
| Luxembourg | 420 | 304 | 468 | 303 | -10.3% |
| United Kingdom | 33.2 | 3.2 | 163 | 168 | 71.7% |
| South Africa | 16.8 | 139 | 347 | 144 | 104.7% |
| United Arab Emirates | 97.2 | 56.9 | 362 | 127 | 9.3% |
| South Korea | 92.0 | N/A | 33.7 | 121 | 9.6% |
| United States | 8.5 | 1,249 | 246 | 106 | 131.9% |
| China | 63.1 | 820 | 98.0 | 81.7 | 9.0% |
| Bahrain | N/A | 54.0 | 28.1 | 64.4 | 9.2% |
| Argentina | 2.5 | N/A | 142 | 64.1 | 194.9% |
| Others | 520 | 3,950 | 1,997 | 1,228 | 33.2% |
| Total | 5,691 | 11,550 | 8,776 | 7,139 | 7.8% |
Top Export Markets for Mineral Wool from Belgium in 2022:
- Netherlands (1945.6 tons)
- Luxembourg (280.0 tons)
- France (203.0 tons)
- United Kingdom (162.6 tons)
- South Africa (140.6 tons)
- South Korea (115.3 tons)
- United Arab Emirates (104.3 tons)
- China (82.3 tons)
- United States (76.4 tons)
- Bahrain (66.9 tons)
- Argentina (59.3 tons)
This report provides an in-depth analysis of the mineral wool market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
853
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1020
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
717
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
853
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
1020
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
