| Product Code: ETC4685061 | 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 continues to rely on imports of asphalt shingles, with top suppliers being Netherlands, Slovakia, Metropolitan France, Germany, and Italy in 2024. Despite the high concentration levels indicated by the HHI, the market experienced a significant decline in both the CAGR and growth rate from 2020 to 2024, with a sharp -41.99% decrease in 2024 alone. This indicates a challenging landscape for the asphalt shingles import market in Belgium, with potential implications for both suppliers and buyers in the industry.

In the Europe region, the Asphalt Shingles market in Belgium is projected to expand at a stable growth rate of 4.74% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Asphalt Shingles Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Asphalt Shingles Market - Industry Life Cycle |
3.4 Belgium Asphalt Shingles Market - Porter's Five Forces |
3.5 Belgium Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Belgium Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Belgium Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Asphalt Shingles Market Trends |
6 Belgium Asphalt Shingles Market Segmentations |
6.1 Belgium Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2021-2031F |
6.1.3 Belgium Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2021-2031F |
6.1.4 Belgium Asphalt Shingles Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Belgium Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2021-2031F |
6.2 Belgium Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Belgium Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.3 Belgium Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Belgium Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.3.3 Belgium Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
7 Belgium Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Belgium Asphalt Shingles Market Export to Major Countries |
7.2 Belgium Asphalt Shingles Market Imports from Major Countries |
8 Belgium Asphalt Shingles Market Key Performance Indicators |
9 Belgium Asphalt Shingles Market - Opportunity Assessment |
9.1 Belgium Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Belgium Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Belgium Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Asphalt Shingles Market - Competitive Landscape |
10.1 Belgium Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Belgium Asphalt Shingles 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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