| Product Code: ETC5349928 | 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, UK, Metropolitan France, USA, and Algeria for its refined petroleum product imports. Despite the diverse sources of imports, the market remained fairly competitive with a low Herfindahl-Hirschman Index indicating low concentration. The impressive compound annual growth rate (CAGR) of 24.33% from 2020 to 2024 reflects a robust demand for petroleum products in Belgium. However, the slight decline in growth rate from 2023 to 2024 at -1.73% may signify a temporary slowdown in the market.


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 Refined Petrolium Products Market Overview  | 
3.1 Belgium Country Macro Economic Indicators  | 
3.2 Belgium Refined Petrolium Products Market Revenues & Volume, 2021 & 2031F  | 
3.3 Belgium Refined Petrolium Products Market - Industry Life Cycle  | 
3.4 Belgium Refined Petrolium Products Market - Porter's Five Forces  | 
3.5 Belgium Refined Petrolium Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F  | 
3.6 Belgium Refined Petrolium Products Market Revenues & Volume Share, By Application, 2021 & 2031F  | 
4 Belgium Refined Petrolium Products Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing demand for cleaner fuel alternatives  | 
4.2.2 Growing industrial and transportation sectors in Belgium  | 
4.2.3 Government regulations promoting the use of refined petroleum products  | 
4.3 Market Restraints  | 
4.3.1 Volatility in crude oil prices  | 
4.3.2 Competition from alternative energy sources  | 
4.3.3 Environmental concerns and regulations impacting the industry  | 
5 Belgium Refined Petrolium Products Market Trends  | 
6 Belgium Refined Petrolium Products Market Segmentations  | 
6.1 Belgium Refined Petrolium Products Market, By Product Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Belgium Refined Petrolium Products Market Revenues & Volume, By Diesel, 2021-2031F  | 
6.1.3 Belgium Refined Petrolium Products Market Revenues & Volume, By Gasoline, 2021-2031F  | 
6.1.4 Belgium Refined Petrolium Products Market Revenues & Volume, By Fuel Oils, 2021-2031F  | 
6.1.5 Belgium Refined Petrolium Products Market Revenues & Volume, By Kerosene, 2021-2031F  | 
6.1.6 Belgium Refined Petrolium Products Market Revenues & Volume, By Others, 2021-2031F  | 
6.2 Belgium Refined Petrolium Products Market, By Application  | 
6.2.1 Overview and Analysis  | 
6.2.2 Belgium Refined Petrolium Products Market Revenues & Volume, By Fuel, 2021-2031F  | 
6.2.3 Belgium Refined Petrolium Products Market Revenues & Volume, By Automobile, 2021-2031F  | 
6.2.4 Belgium Refined Petrolium Products Market Revenues & Volume, By Power Generation, 2021-2031F  | 
6.2.5 Belgium Refined Petrolium Products Market Revenues & Volume, By Chemical, 2021-2031F  | 
6.2.6 Belgium Refined Petrolium Products Market Revenues & Volume, By Others, 2021-2031F  | 
7 Belgium Refined Petrolium Products Market Import-Export Trade Statistics  | 
7.1 Belgium Refined Petrolium Products Market Export to Major Countries  | 
7.2 Belgium Refined Petrolium Products Market Imports from Major Countries  | 
8 Belgium Refined Petrolium Products Market Key Performance Indicators  | 
8.1 Number of new refineries or expansion projects in Belgium  | 
8.2 Investment in research and development for cleaner fuel technologies  | 
8.3 Adoption rate of Euro V and Euro VI emission standards in the transportation sector  | 
9 Belgium Refined Petrolium Products Market - Opportunity Assessment  | 
9.1 Belgium Refined Petrolium Products Market Opportunity Assessment, By Product Type, 2021 & 2031F  | 
9.2 Belgium Refined Petrolium Products Market Opportunity Assessment, By Application, 2021 & 2031F  | 
10 Belgium Refined Petrolium Products Market - Competitive Landscape  | 
10.1 Belgium Refined Petrolium Products Market Revenue Share, By Companies, 2024  | 
10.2 Belgium Refined Petrolium Products Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |