Belgium: manufacture of rubber products production value 2020

The production value of the rubber products manufacturing industry in Belgium saw no significant changes in 2020 in comparison to the previous year 2019 and remained at around 748.8 million euros. Still, 2020 marked the third consecutive decline of the production value in this industry.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Find more statistics on the rubber products manufacturing industry in Belgium with key insights such as number of enterprises, turnover, personnel costs, and number of employees.

Production value of the rubber products manufacturing sector in Belgium from 2011 to 2020 (in million euros)

Characteristic	Production value in million euros
2020	748.8
2019	757.2
2018b	759.1
2017	776.4
2016	698.7
2015	684.6
2014	682.4
2013	676.1
2012	819
2011	791.9

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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 C221 of NACE Rev2.

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