Belgium: Concrete Mixer Market 2024

Concrete Mixer Market Size in Belgium

The Belgian concrete mixer market surged to $X in 2021, increasing by 49% against the previous year. Overall, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Concrete Mixer Production in Belgium

In value terms, concrete mixer production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 512% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Concrete Mixer Exports

Exports from Belgium

In 2021, the amount of concrete or mortar mixers exported from Belgium soared to X units, growing by 40% against 2020. Overall, exports, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2016 with an increase of 90%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, concrete mixer exports soared to $X in 2021. Over the period under review, exports saw a tangible increase. The pace of growth appeared the most rapid in 2016 when exports increased by 140% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Mali (X units), France (X units) and Nigeria (X units) were the main destinations of concrete mixer exports from Belgium, with a combined 55% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Mali (with a CAGR of +110.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mali ($X), France ($X) and Nigeria ($X) constituted the largest markets for concrete mixer exported from Belgium worldwide, together accounting for 67% of total exports.

Mali, with a CAGR of +127.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average concrete mixer export price stood at $X per unit in 2021, increasing by 60% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Senegal ($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 Denmark (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports

Imports into Belgium

For the third year in a row, Belgium recorded growth in supplies from abroad of concrete or mortar mixers, which increased by 54% to X units in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +97.6% against 2018 indices. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete mixer imports surged to $X in 2021. In general, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of concrete mixer imports to Belgium, together accounting for 77% of total imports. These countries were followed by Italy, Ireland, France, Turkey and Portugal, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +1,136.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) were the largest concrete mixer suppliers to Belgium, together accounting for 81% of total imports. These countries were followed by China, Ireland, Turkey, France and Portugal, which together accounted for a further 15%.

Among the main suppliers, Ireland, with a CAGR of +1,038.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average concrete mixer import price amounted to $X per unit, increasing by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 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, the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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