Market for Solid Vulcanised Rubber Sheet in Belgium
Market Overview
In 
, the Belgian solid vulcanised rubber sheet market increased by % to $, rising for the fifth consecutive year after nine years of decline. Overall, consumption, however, recorded a abrupt decrease. Solid vulcanised rubber sheet consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In value terms, solid vulcanised rubber sheet production dropped dramatically to $ in estimated in export price. In general, production faced a deep contraction. The pace of growth was the most pronounced in when the production volume increased by %. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
, the Belgian solid vulcanised rubber sheet market increased by % to $, rising for the fifth consecutive year after nine years of decline. Overall, consumption, however, recorded a abrupt decrease. Solid vulcanised rubber sheet consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.In value terms, solid vulcanised rubber sheet production dropped dramatically to $
in estimated in export price. In general, production faced a deep contraction. The pace of growth was the most pronounced in when the production volume increased by %. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.Consumption
After five years of growth, consumption of plates, sheets, strips for floor covering of solid vulcanised rubber decreased by -% to tons in . In general, consumption saw a deep slump. Over the period under review, consumption reached the maximum volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.
The revenue of the solid vulcanised rubber sheet market in Belgium fell to $ in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a abrupt shrinkage. Solid vulcanised rubber sheet consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
% to tons in . In general, consumption saw a deep slump. Over the period under review, consumption reached the maximum volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.The revenue of the solid vulcanised rubber sheet market in Belgium fell to $
in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a abrupt shrinkage. Solid vulcanised rubber sheet consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for solid vulcanised rubber sheet in Belgium, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Solid vulcanised rubber sheet market in Belgium remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms.
, the share of imports in total consumption was % in value terms and % in physical terms.Trade Balance
Belgium remains a net importer of solid vulcanised rubber sheet; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
Download XLSX
Download all the data in the form of a report