| Product Code: ETC4878709 | 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 |
In 2024, Belgium continued to be a significant importer of yttrium, with major shipments coming from Austria, UK, Metropolitan France, Germany, and China. Despite a negative compound annual growth rate (CAGR) of -4.14% from 2020 to 2024, there was a notable growth rate of 33.66% from 2023 to 2024. The Herfindahl-Hirschman Index (HHI) indicated a very high concentration in the market, showcasing the dominance of key exporting countries. This data suggests a dynamic and competitive landscape for yttrium imports 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 Yttrium Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Yttrium Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Yttrium Market - Industry Life Cycle |
3.4 Belgium Yttrium Market - Porter's Five Forces |
3.5 Belgium Yttrium Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Belgium Yttrium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Yttrium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for yttrium in various industries such as electronics, automotive, and energy sectors |
4.2.2 Growing investments in research and development for new applications of yttrium |
4.2.3 Favorable government regulations supporting the usage of yttrium in different industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of yttrium due to its limited availability in the market |
4.3.2 Supply chain disruptions impacting the availability of yttrium for end-users |
4.3.3 Competition from alternative materials that can potentially replace yttrium in certain applications |
5 Belgium Yttrium Market Trends |
6 Belgium Yttrium Market Segmentations |
6.1 Belgium Yttrium Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Yttrium Market Revenues & Volume, By Alloy, 2021-2031F |
6.1.3 Belgium Yttrium Market Revenues & Volume, By Metal, 2021-2031F |
6.1.4 Belgium Yttrium Market Revenues & Volume, By Compounds, 2021-2031F |
6.2 Belgium Yttrium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Yttrium Market Revenues & Volume, By Phosphors, 2021-2031F |
6.2.3 Belgium Yttrium Market Revenues & Volume, By Ceramics, 2021-2031F |
6.2.4 Belgium Yttrium Market Revenues & Volume, By Electronic Devices, 2021-2031F |
6.2.5 Belgium Yttrium Market Revenues & Volume, By High Temperature Refractories, 2021-2031F |
6.2.6 Belgium Yttrium Market Revenues & Volume, By Lasers, 2021-2031F |
6.2.7 Belgium Yttrium Market Revenues & Volume, By Metallurgical Applications, 2021-2031F |
6.2.8 Belgium Yttrium Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Belgium Yttrium Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Yttrium Market Import-Export Trade Statistics |
7.1 Belgium Yttrium Market Export to Major Countries |
7.2 Belgium Yttrium Market Imports from Major Countries |
8 Belgium Yttrium Market Key Performance Indicators |
8.1 Research and development investments in yttrium-related projects |
8.2 Number of patents filed for new yttrium applications |
8.3 Growth in the number of industries adopting yttrium-based products |
8.4 Yttrium recycling rate |
8.5 Technological advancements in yttrium extraction and processing techniques |
9 Belgium Yttrium Market - Opportunity Assessment |
9.1 Belgium Yttrium Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Belgium Yttrium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Yttrium Market - Competitive Landscape |
10.1 Belgium Yttrium Market Revenue Share, By Companies, 2024 |
10.2 Belgium Yttrium 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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