Report Update: May 1, 2024

Belgium - Iron or Steel Cans For Food And Drink - Market Analysis, Forecast, Size, Trends and Insights

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Price for Iron or Steel Can in Belgium - 2023

Price for Iron or Steel Can in Belgium (CIF) - 2023

In August 2023, the average iron or steel can import price amounted to $265 per thousand units, which is down by -13.8% against the previous month. Overall, import price indicated measured growth from August 2022 to August 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, iron or steel can import price decreased by -13.8% against July 2023 indices. The growth pace was the most rapid in February 2023 when the average import price increased by 46% month-to-month. The import price peaked at $313 per thousand units in March 2023; however, from April 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 Germany ($326 per thousand units), while the price for Poland ($50.0 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Can in Belgium (FOB) - 2023

The average iron or steel can export price stood at $289 per thousand units in August 2023, with a decrease of -13.1% against the previous month. Overall, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in November 2022 an increase of 21% month-to-month. The export price peaked at $389 per thousand units in August 2022; however, from September 2022 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($292 per thousand units), while the average price for exports to Morocco ($179 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel Can in Belgium

Iron or steel can imports into Belgium expanded remarkably to 1.5B units in 2022, surging by 7.4% against 2021 figures. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports attained the peak of 1.5B units; afterwards, it flattened through to 2022.

In value terms, iron or steel can imports surged to $311M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 51% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Iron or Steel Can in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	80.5	131	135	119	13.9%
France	5.9	13.0	8.0	60.0	116.7%
Italy	35.1	48.3	44.3	51.5	13.6%
Germany	21.4	26.8	38.3	28.9	10.5%
United Kingdom	5.4	10.9	12.6	24.7	66.0%
Estonia	3.4	6.5	8.1	5.8	19.5%
Others	19.0	21.8	21.3	21.7	4.5%
Total	171	258	267	311	22.1%

Top Suppliers of Iron or Steel Can to Belgium in 2022:

Netherlands (710.0M units)
Italy (274.2M units)
France (204.2M units)
United Kingdom (127.4M units)
Germany (119.2M units)
Estonia (25.9M units)

Exports of Iron or Steel Can in Belgium

In 2022, overseas shipments of iron or steel cans decreased by -0.3% to 257M units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,932% against the previous year. As a result, the exports reached the peak of 289M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, iron or steel can exports soared to $76M in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 2,045%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Iron or Steel Can in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	0.6	14.2	24.8	72.8	395.1%
United Kingdom	N/A	1.2	10.0	1.8	22.5%
Kenya	0.2	3.3	0.7	N/A	87.1%
Others	1.5	31.2	11.5	1.6	2.2%
Total	2.3	49.9	47.1	76.2	221.2%

Top Export Markets for Iron or Steel Can from Belgium in 2022:

Netherlands (240.4M units)
United Kingdom (9.7M units)
Kenya (0.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel can 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 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023