| Product Code: ETC11960386 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Belgium continued to heavily rely on imports for its decarbonised fuel supply, with top exporters being Netherlands, Metropolitan France, UK, UAE, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 18.28% from 2020 to 2024, the sector experienced a slight decline with a growth rate of -16.04% from 2023 to 2024. This suggests a dynamic market environment with potential shifts in supply sources and demand patterns impacting the decarbonised fuel import industry in Belgium.

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 Decarbonised Fuel Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Decarbonised Fuel Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Decarbonised Fuel Market - Industry Life Cycle |
3.4 Belgium Decarbonised Fuel Market - Porter's Five Forces |
3.5 Belgium Decarbonised Fuel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Decarbonised Fuel Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Decarbonised Fuel Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Belgium Decarbonised Fuel Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Belgium Decarbonised Fuel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Decarbonised Fuel Market Trends |
6 Belgium Decarbonised Fuel Market, By Types |
6.1 Belgium Decarbonised Fuel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Decarbonised Fuel Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Belgium Decarbonised Fuel Market Revenues & Volume, By Biofuels, 2021 - 2031F |
6.1.4 Belgium Decarbonised Fuel Market Revenues & Volume, By Hydrogen, 2021 - 2031F |
6.1.5 Belgium Decarbonised Fuel Market Revenues & Volume, By Synthetic Fuels, 2021 - 2031F |
6.2 Belgium Decarbonised Fuel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Decarbonised Fuel Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.2.3 Belgium Decarbonised Fuel Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.2.4 Belgium Decarbonised Fuel Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3 Belgium Decarbonised Fuel Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Belgium Decarbonised Fuel Market Revenues & Volume, By Biomass, 2021 - 2031F |
6.3.3 Belgium Decarbonised Fuel Market Revenues & Volume, By Electrolysis, 2021 - 2031F |
6.3.4 Belgium Decarbonised Fuel Market Revenues & Volume, By CCUS, 2021 - 2031F |
6.4 Belgium Decarbonised Fuel Market, By Distribution |
6.4.1 Overview and Analysis |
6.4.2 Belgium Decarbonised Fuel Market Revenues & Volume, By Pipelines, 2021 - 2031F |
6.4.3 Belgium Decarbonised Fuel Market Revenues & Volume, By Storage, 2021 - 2031F |
6.4.4 Belgium Decarbonised Fuel Market Revenues & Volume, By Tankers, 2021 - 2031F |
7 Belgium Decarbonised Fuel Market Import-Export Trade Statistics |
7.1 Belgium Decarbonised Fuel Market Export to Major Countries |
7.2 Belgium Decarbonised Fuel Market Imports from Major Countries |
8 Belgium Decarbonised Fuel Market Key Performance Indicators |
9 Belgium Decarbonised Fuel Market - Opportunity Assessment |
9.1 Belgium Decarbonised Fuel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Decarbonised Fuel Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Decarbonised Fuel Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Belgium Decarbonised Fuel Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Belgium Decarbonised Fuel Market - Competitive Landscape |
10.1 Belgium Decarbonised Fuel Market Revenue Share, By Companies, 2024 |
10.2 Belgium Decarbonised Fuel 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.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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