Belgium: manufacture of basic metals production value 2020

The production value of the basic metals manufacturing industry in Belgium decreased by 2.1 billion euros (-10.32 percent) since the previous year.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.

Find more statistics on the basic metals manufacturing industry in Belgium with key insights such as turnover and personnel costs.

Production value of the basic metals manufacturing industry in Belgium from 2011 to 2020 (in million euros)

Characteristic	Annual production value in million euros
2020	18,332.1
2019	20,441
2018b	21,803.8
2017	20,525.3
2016	17,800
2015	18,745.8
2014	17,561.9
2013	18,827.5
2012	20,456.4
2011	23,466

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Release date

March 2023

More information

Region

Belgium

Survey time period

2011 to 2020

Supplementary notes

b: Break in time series.
The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to Section C24 of NACE Rev. 2.

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