| Product Code: ETC6352121 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Belgium continued to heavily rely on imports of Direct Reduced Iron (DRI) with key suppliers being Russia, Libya, Netherlands, Germany, and Italy. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market with limited competition. The industry saw a negative Compound Annual Growth Rate (CAGR) of -3.75% from 2020 to 2024, reflecting challenges in the sector. Moreover, the growth rate from 2023 to 2024 declined significantly by -14.67%, suggesting a slowdown in DRI import shipments to Belgium. Monitoring market dynamics and exploring diversification strategies may be crucial for stakeholders in the DRI import industry.

| 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 Direct Reduced Iron (DRI) Market Overview | 
| 3.1 Belgium Country Macro Economic Indicators | 
| 3.2 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Belgium Direct Reduced Iron (DRI) Market - Industry Life Cycle | 
| 3.4 Belgium Direct Reduced Iron (DRI) Market - Porter's Five Forces | 
| 3.5 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Form, 2021 & 2031F | 
| 3.6 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Production Process, 2021 & 2031F | 
| 3.7 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Grade, 2021 & 2031F | 
| 4 Belgium Direct Reduced Iron (DRI) Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for steel production in Belgium | 
| 4.2.2 Growing focus on sustainable and environmentally friendly steel production methods | 
| 4.2.3 Favorable government policies and incentives promoting the use of direct reduced iron (DRI) | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating prices of raw materials impacting DRI production costs | 
| 4.3.2 Competition from alternative steel production methods | 
| 4.3.3 Regulatory challenges related to emissions and waste management | 
| 5 Belgium Direct Reduced Iron (DRI) Market Trends | 
| 6 Belgium Direct Reduced Iron (DRI) Market, By Types | 
| 6.1 Belgium Direct Reduced Iron (DRI) Market, By Form | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Form, 2021- 2031F | 
| 6.1.3 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Pellets, 2021- 2031F | 
| 6.1.4 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Lumps, 2021- 2031F | 
| 6.2 Belgium Direct Reduced Iron (DRI) Market, By Production Process | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Gas-based, 2021- 2031F | 
| 6.2.3 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Coal-based, 2021- 2031F | 
| 6.3 Belgium Direct Reduced Iron (DRI) Market, By Grade | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade A (FeM 81% Min), 2021- 2031F | 
| 6.3.3 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade B (FeM 78 To 80 %), 2021- 2031F | 
| 6.3.4 Belgium Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade C (FeM < 78%), 2021- 2031F | 
| 7 Belgium Direct Reduced Iron (DRI) Market Import-Export Trade Statistics | 
| 7.1 Belgium Direct Reduced Iron (DRI) Market Export to Major Countries | 
| 7.2 Belgium Direct Reduced Iron (DRI) Market Imports from Major Countries | 
| 8 Belgium Direct Reduced Iron (DRI) Market Key Performance Indicators | 
| 8.1 Energy efficiency of DRI production process | 
| 8.2 Carbon footprint reduction achieved by using DRI | 
| 8.3 Adoption rate of DRI technology by steel manufacturers in Belgium | 
| 9 Belgium Direct Reduced Iron (DRI) Market - Opportunity Assessment | 
| 9.1 Belgium Direct Reduced Iron (DRI) Market Opportunity Assessment, By Form, 2021 & 2031F | 
| 9.2 Belgium Direct Reduced Iron (DRI) Market Opportunity Assessment, By Production Process, 2021 & 2031F | 
| 9.3 Belgium Direct Reduced Iron (DRI) Market Opportunity Assessment, By Grade, 2021 & 2031F | 
| 10 Belgium Direct Reduced Iron (DRI) Market - Competitive Landscape | 
| 10.1 Belgium Direct Reduced Iron (DRI) Market Revenue Share, By Companies, 2024 | 
| 10.2 Belgium Direct Reduced Iron (DRI) Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |