| Product Code: ETC5045358 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Belgium continued to rely on key trading partners such as the Netherlands, Metropolitan France, USA, Finland, and Germany for its petroleum product imports. Despite high concentration levels indicated by the HHI, the market saw impressive growth with a CAGR of 16.72% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -9.23%. This data suggests that while Belgium`s petroleum import market remains strong, there may be some recent challenges impacting growth that require further analysis.

By 2027, Belgium's Petroleum Products market is forecasted to achieve a stable growth rate of 1.60%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Petroleum Products Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Petroleum Products Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Petroleum Products Market - Industry Life Cycle |
3.4 Belgium Petroleum Products Market - Porter's Five Forces |
3.5 Belgium Petroleum Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Belgium Petroleum Products Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Belgium Petroleum Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization in Belgium leading to higher demand for petroleum products |
4.2.2 Growth in automotive sector and transportation industry driving the consumption of petroleum products |
4.2.3 Government investments in infrastructure development and transportation networks supporting the market growth |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the pricing and profitability of petroleum products |
4.3.2 Environmental concerns and regulations promoting the shift towards renewable energy sources |
4.3.3 Competition from alternative energy sources affecting the demand for petroleum products |
5 Belgium Petroleum Products Market Trends |
6 Belgium Petroleum Products Market Segmentations |
6.1 Belgium Petroleum Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Petroleum Products Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.3 Belgium Petroleum Products Market Revenues & Volume, By Naphtha, 2021-2031F |
6.1.4 Belgium Petroleum Products Market Revenues & Volume, By Diesel Fuel, 2021-2031F |
6.1.5 Belgium Petroleum Products Market Revenues & Volume, By Liquefied Petroleum, 2021-2031F |
6.1.6 Belgium Petroleum Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Petroleum Products Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Belgium Petroleum Products Market Revenues & Volume, By Organizations, 2021-2031F |
6.2.3 Belgium Petroleum Products Market Revenues & Volume, By Sole Traders, 2021-2031F |
6.2.4 Belgium Petroleum Products Market Revenues & Volume, By Partnerships, 2021-2031F |
7 Belgium Petroleum Products Market Import-Export Trade Statistics |
7.1 Belgium Petroleum Products Market Export to Major Countries |
7.2 Belgium Petroleum Products Market Imports from Major Countries |
8 Belgium Petroleum Products Market Key Performance Indicators |
8.1 Average price per barrel of crude oil |
8.2 Number of vehicles registered in Belgium |
8.3 Investment in transportation infrastructure projects |
8.4 Percentage of renewable energy sources in Belgium's energy mix |
8.5 Carbon emissions from the consumption of petroleum products |
9 Belgium Petroleum Products Market - Opportunity Assessment |
9.1 Belgium Petroleum Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Belgium Petroleum Products Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Belgium Petroleum Products Market - Competitive Landscape |
10.1 Belgium Petroleum Products Market Revenue Share, By Companies, 2024 |
10.2 Belgium Petroleum Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |