| Product Code: ETC11011138 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Belgium saw a decline in automotive forgings import shipments with a negative CAGR of -4.04% from 2020 to 2024. The top exporting countries to Belgium were Italy, Netherlands, Germany, Metropolitan France, and Sweden. Despite the decrease in growth rate by -14.45% from 2023 to 2024, the market remained relatively competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). This data suggests a challenging environment for automotive forgings imports in Belgium, emphasizing the need for strategic adjustments and market insights.

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 Automotive Forgings Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Automotive Forgings Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Automotive Forgings Market - Industry Life Cycle |
3.4 Belgium Automotive Forgings Market - Porter's Five Forces |
3.5 Belgium Automotive Forgings Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Automotive Forgings Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Belgium Automotive Forgings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Automotive Forgings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength automotive components in Belgium |
4.2.2 Growing focus on fuel efficiency and emission reduction in the automotive industry |
4.2.3 Technological advancements in forging processes leading to improved quality and efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute technologies like casting and machining |
5 Belgium Automotive Forgings Market Trends |
6 Belgium Automotive Forgings Market, By Types |
6.1 Belgium Automotive Forgings Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Automotive Forgings Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Belgium Automotive Forgings Market Revenues & Volume, By Open Die Forging, 2021 - 2031F |
6.1.4 Belgium Automotive Forgings Market Revenues & Volume, By Closed Die Forging, 2021 - 2031F |
6.1.5 Belgium Automotive Forgings Market Revenues & Volume, By Seamless Rolled Ring Forging, 2021 - 2031F |
6.1.6 Belgium Automotive Forgings Market Revenues & Volume, By Cold Forging, 2021 - 2031F |
6.2 Belgium Automotive Forgings Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Belgium Automotive Forgings Market Revenues & Volume, By Steel, 2021 - 2031F |
6.2.3 Belgium Automotive Forgings Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.4 Belgium Automotive Forgings Market Revenues & Volume, By Titanium, 2021 - 2031F |
6.2.5 Belgium Automotive Forgings Market Revenues & Volume, By Magnesium, 2021 - 2031F |
6.3 Belgium Automotive Forgings Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Automotive Forgings Market Revenues & Volume, By Engine Components, 2021 - 2031F |
6.3.3 Belgium Automotive Forgings Market Revenues & Volume, By Transmission Systems, 2021 - 2031F |
6.3.4 Belgium Automotive Forgings Market Revenues & Volume, By Drivetrain Systems, 2021 - 2031F |
6.3.5 Belgium Automotive Forgings Market Revenues & Volume, By Chassis Components, 2021 - 2031F |
7 Belgium Automotive Forgings Market Import-Export Trade Statistics |
7.1 Belgium Automotive Forgings Market Export to Major Countries |
7.2 Belgium Automotive Forgings Market Imports from Major Countries |
8 Belgium Automotive Forgings Market Key Performance Indicators |
8.1 Percentage increase in adoption of advanced forging techniques |
8.2 Reduction in lead times for forging production |
8.3 Number of new product developments in the automotive forging sector |
8.4 Improvement in material utilization efficiency |
8.5 Increase in the number of strategic partnerships and collaborations within the automotive forging industry. |
9 Belgium Automotive Forgings Market - Opportunity Assessment |
9.1 Belgium Automotive Forgings Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Automotive Forgings Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Belgium Automotive Forgings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Automotive Forgings Market - Competitive Landscape |
10.1 Belgium Automotive Forgings Market Revenue Share, By Companies, 2024 |
10.2 Belgium Automotive Forgings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |