Belgium: Civil Reaction Engine Market 2025

Civil Reaction Engine Market Size in Belgium

The Belgian civil reaction engine market shrank notably to $X in 2021, with a decrease of -68.1% against the previous year. Overall, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Civil Reaction Engine Production in Belgium

In value terms, civil reaction engine production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 7.2% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Civil Reaction Engine Exports

Exports from Belgium

In 2021, the amount of civil reaction engines exported from Belgium soared to X units, jumping by 799% on the previous year. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, civil reaction engine exports soared to $X in 2021. In general, exports continue to indicate slight growth. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X units), the Czech Republic (X units) and the UK (X units) were the main destinations of civil reaction engine exports from Belgium, with a combined 88% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +85.9%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for civil reaction engines exports from Belgium, comprising 55% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 14% share of total exports. It was followed by France, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +66.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-6.6% per year) and France (+5.1% per year).

Export Prices by Country

In 2021, the average civil reaction engine export price amounted to $X per unit, with a decrease of -27.9% against the previous year. In general, the export price showed a sharp downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 148%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-8.3%), while the prices for the other major destinations experienced a decline.

Civil Reaction Engine Imports

Imports into Belgium

In 2021, approx. X units of civil reaction engines were imported into Belgium; rising by 75% on the previous year. Overall, imports showed a measured expansion. The pace of growth appeared the most rapid in 2015 with an increase of 27,519% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, civil reaction engine imports amounted to $X in 2021. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 14,220%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Hong Kong SAR (X units) constituted the largest civil reaction engine supplier to Belgium, accounting for a 76% share of total imports. Moreover, civil reaction engine imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. Germany (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hong Kong SAR was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+42.6% per year) and Germany (+19.6% per year).

In value terms, China ($X) constituted the largest supplier of civil reaction engines to Belgium, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by France, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +157.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+41.9% per year) and France (+2.2% per year).

Import Prices by Country

In 2021, the average civil reaction engine import price amounted to $X per unit, reducing by -36.4% against the previous year. Overall, the import price, however, continues to indicate a notable increase. The growth pace was the most rapid in 2018 an increase of 584%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+75.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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