Belgium: Clutch Market 2025

Clutch Market Size in Belgium

The Belgian clutch market shrank to $X in 2022, with a decrease of -9.6% against the previous year. Over the period under review, consumption, however, continues to indicate slight growth. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Clutch Production in Belgium

In value terms, clutch production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 66% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Clutch Exports

Exports from Belgium

In 2022, shipments abroad of clutches decreased by -45.4% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, exports recorded a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 45%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell rapidly in the following year.

In value terms, clutch exports declined significantly to $X in 2022. Overall, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 45%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank significantly in the following year.

Exports by Country

France (X tons), Germany (X tons) and Japan (X tons) were the main destinations of clutch exports from Belgium, with a combined 48% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +10.7%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for clutches exports from Belgium, comprising 19% of total exports. The second position in the ranking was held by Japan ($X), with an 8.8% share of total exports. It was followed by Germany, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+11.0% per year) and Germany (-7.0% per year).

Export Prices by Country

The average clutch export price stood at $X per ton in 2022, rising by 9.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Clutch Imports

Imports into Belgium

In 2022, after five years of growth, there was significant decline in purchases abroad of clutches, when their volume decreased by -37.1% to X tons. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 24%. Imports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, clutch imports reduced markedly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 24% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted sharply in the following year.

Imports by Country

Germany (X tons), France (X tons) and Japan (X tons) were the main suppliers of clutch imports to Belgium, with a combined 59% share of total imports. Hungary, Indonesia, China, South Korea, Italy and the Netherlands lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +47.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the largest clutch suppliers to Belgium, with a combined 51% share of total imports. Japan, Hungary, Italy, South Korea, Indonesia and China lagged somewhat behind, together accounting for a further 36%.

Indonesia, with a CAGR of +38.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average clutch import price amounted to $X per ton, picking up by 5.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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