Key Market Indicators
Belgium's metal imports are projected to hit 40 million metric tons by 2028, up from approximately 39 million metric tons in 2023. This represents an average annual growth rate of 0.3%. Despite this modest growth, Belgian demand for metal has experienced a slight decline, averaging a 0.6% decrease annually since 1995. In 2023, Belgium ranked sixth in terms of metal imports, with the Netherlands narrowly ahead, also importing around 39 million metric tons. France, Italy, and Spain secured the second, third, and fourth positions, respectively, in the rankings for metal imports.
