Key Market Indicators
Belgian Metal Products Sales are projected to decline to €4.1 billion by 2028, down from €4.7 billion in 2023, marking a 2% annual decrease. Since 2013, the Belgian market has seen a modest annual growth of 0.1%. In 2023, Belgium ranked ninth in the market, with Switzerland surpassing it at €4.7 billion. Italy, France, and Poland secured the second, third, and fourth spots, respectively. Belgian Metal Products Exports are expected to climb to approximately $2.1 billion by 2028, up from nearly $2 billion in 2023, registering an annual growth rate of 1.1%. Since 2004, Belgium's export supply has increased by 1.7% annually. Belgian Metal Products Imports are forecasted to reach around $1.9 billion by 2028, rising from about $1.8 billion in 2023, with an annual growth rate of 1%. Since 2004, the country's import demand has grown by 1.2% per year.