Vulcanised Rubber Mats Market in Belgium
Market Overview
The Belgian vulcanised rubber mats market skyrocketed to $
in , jumping 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 showed a resilient expansion. Vulcanised rubber mats consumption peaked in and is likely to see steady growth in years to come.
In value terms, vulcanised rubber mats production amounted to $ in estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by %. Over the period under review, production reached the maximum level at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.
in , jumping 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 showed a resilient expansion. Vulcanised rubber mats consumption peaked in and is likely to see steady growth in years to come.In value terms, vulcanised rubber mats production amounted to $
in estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by %. Over the period under review, production reached the maximum level at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.Consumption
After five years of growth, consumption of floor coverings and mats of vulcanised rubber decreased by -% to tons in . In general, consumption, however, recorded a buoyant expansion. Vulcanised rubber mats consumption peaked at tons in , and then reduced slightly in the following year.
The revenue of the vulcanised rubber mats market in Belgium declined to $ in , which is down 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). Overall, consumption, however, saw a buoyant increase. Over the period under review, the market attained the maximum level at $ in , and then shrank in the following year.
% to tons in . In general, consumption, however, recorded a buoyant expansion. Vulcanised rubber mats consumption peaked at tons in , and then reduced slightly in the following year.The revenue of the vulcanised rubber mats market in Belgium declined to $
in , which is down 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). Overall, consumption, however, saw a buoyant increase. Over the period under review, the market attained the maximum level at $ in , and then shrank in the following year.Market Forecast
The vulcanised rubber mats market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year 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 eight-year 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
Vulcanised rubber mats 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 vulcanised rubber mats; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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