Belgium: Crawler Tractor Market 2025

Crawler Tractor Market Size in Belgium

The Belgian crawler tractor market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a abrupt downturn. Crawler tractor consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Crawler Tractor Production in Belgium

In value terms, crawler tractor production totaled $X in 2021 estimated in export price. In general, production continues to indicate a precipitous slump. The pace of growth was the most pronounced in 2015 when the production volume increased by 1.2% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Crawler Tractor Exports

Exports from Belgium

In 2021, shipments abroad of crawler tractors increased by 47% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when exports increased by 2,933% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, crawler tractor exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 3,262%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units), Chile (X units) and Canada (X units) were the main destinations of crawler tractor exports from Belgium, together comprising 54% of total exports. Ukraine, the Netherlands, France, South Africa, Austria, Hungary, Saudi Arabia, Kazakhstan, Spain and Guinea lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +100.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Ukraine ($X) and Canada ($X) appeared to be the largest markets for crawler tractor exported from Belgium worldwide, with a combined 56% share of total exports. Guinea, the Netherlands, Chile, Spain, Kazakhstan, South Africa, Hungary, France, Saudi Arabia and Austria lagged somewhat behind, together accounting for a further 35%.

In terms of the main countries of destination, Guinea, with a CAGR of +1,182.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average crawler tractor export price amounted to $X per unit, which is down by -8.5% against the previous year. Overall, the export price, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 622%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($X per unit), while the average price for exports to Chile ($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 Saudi Arabia (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Tractor Imports

Imports into Belgium

In 2021, imports of crawler tractors into Belgium expanded significantly to X units, surging by 5.1% against 2020. Overall, imports, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2017 with an increase of 350%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, crawler tractor imports shrank rapidly to $X in 2021. In general, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 when imports increased by 2,800% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) was the main crawler tractor supplier to Belgium, with a 96% share of total imports. It was followed by France (X units), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -2.1%.

In value terms, the United States ($X) constituted the largest supplier of crawler tractors to Belgium, comprising 97% of total imports. The second position in the ranking was taken by France ($X), with a 1.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -8.6%.

Import Prices by Country

In 2021, the average crawler tractor import price amounted to $X per unit, with a decrease of -21.4% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 537%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for France totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.1%).

Source: IndexBox Platform

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