| Product Code: ETC4654072 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s cast & forged import shipments in 2024 saw diverse sourcing, with top exporters including Italy, Metropolitan France, Germany, Slovakia, and India. The market exhibited low concentration with a low Herfindahl-Hirschman Index (HHI) in 2024. However, the industry experienced a negative compound annual growth rate (CAGR) of -5.49% from 2020 to 2024, with a declining growth rate of -12.84% from 2023 to 2024. This indicates a challenging landscape for the sector in Belgium, potentially influenced by various economic factors impacting trade dynamics.

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 Cast & Forged Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Cast & Forged Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Cast & Forged Market - Industry Life Cycle |
3.4 Belgium Cast & Forged Market - Porter's Five Forces |
3.5 Belgium Cast & Forged Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Belgium Cast & Forged Market Revenues & Volume Share, By Activity Types, 2021 & 2031F |
3.7 Belgium Cast & Forged Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Belgium Cast & Forged Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in industries such as automotive and aerospace. |
4.2.2 Growing adoption of advanced manufacturing technologies like 3D printing in the cast and forged industry. |
4.2.3 Rising investments in infrastructure projects leading to higher demand for cast and forged components. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Intense competition from manufacturers in other countries offering lower-priced alternatives. |
4.3.3 Stringent environmental regulations affecting production processes and costs. |
5 Belgium Cast & Forged Market Trends |
6 Belgium Cast & Forged Market Segmentations |
6.1 Belgium Cast & Forged Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Belgium Cast & Forged Market Revenues & Volume, By Light Alloys, 2021-2031F |
6.1.3 Belgium Cast & Forged Market Revenues & Volume, By Copper Alloys, 2021-2031F |
6.1.4 Belgium Cast & Forged Market Revenues & Volume, By Iron Casting, 2021-2031F |
6.1.5 Belgium Cast & Forged Market Revenues & Volume, By Steel Casting, 2021-2031F |
6.1.6 Belgium Cast & Forged Market Revenues & Volume, By Miscellaneous, 2021-2031F |
6.2 Belgium Cast & Forged Market, By Activity Types |
6.2.1 Overview and Analysis |
6.2.2 Belgium Cast & Forged Market Revenues & Volume, By Closed Die Forging, 2021-2031F |
6.2.3 Belgium Cast & Forged Market Revenues & Volume, By Open Die Forging, 2021-2031F |
6.2.4 Belgium Cast & Forged Market Revenues & Volume, By Rolled Ring Forging, 2021-2031F |
6.2.5 Belgium Cast & Forged Market Revenues & Volume, By Cold Forging, 2021-2031F |
6.2.6 Belgium Cast & Forged Market Revenues & Volume, By Non-ferrous Closed Die Forging, 2021-2031F |
6.3 Belgium Cast & Forged Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Belgium Cast & Forged Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Belgium Cast & Forged Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.4 Belgium Cast & Forged Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.5 Belgium Cast & Forged Market Revenues & Volume, By Construction, 2021-2031F |
6.3.6 Belgium Cast & Forged Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.7 Belgium Cast & Forged Market Revenues & Volume, By Industrial, 2021-2031F |
7 Belgium Cast & Forged Market Import-Export Trade Statistics |
7.1 Belgium Cast & Forged Market Export to Major Countries |
7.2 Belgium Cast & Forged Market Imports from Major Countries |
8 Belgium Cast & Forged Market Key Performance Indicators |
8.1 Scrap rate percentage: Indicates the efficiency of manufacturing processes and material utilization. |
8.2 Rework rate: Reflects the quality of cast and forged components and production effectiveness. |
8.3 Energy consumption per unit: Measures the sustainability and operational efficiency of manufacturing processes. |
8.4 Employee training hours: Indicates the focus on skill development and innovation in the industry. |
8.5 Customer satisfaction score: Reflects the market perception of the quality and reliability of cast and forged products. |
9 Belgium Cast & Forged Market - Opportunity Assessment |
9.1 Belgium Cast & Forged Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Belgium Cast & Forged Market Opportunity Assessment, By Activity Types, 2021 & 2031F |
9.3 Belgium Cast & Forged Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Belgium Cast & Forged Market - Competitive Landscape |
10.1 Belgium Cast & Forged Market Revenue Share, By Companies, 2024 |
10.2 Belgium Cast & Forged Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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