Belgium: Data Processing Server Market 2024

Data Processing Server Market Size in Belgium

The Belgian data processing server market dropped sharply to $X in 2022, falling by -41.6% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Data Processing Server Production in Belgium

In value terms, data processing server production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 125%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Data Processing Server Exports

Exports from Belgium

In 2022, shipments abroad of data processing servers decreased by -16.8% to X units, falling for the second consecutive year after three years of growth. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 260%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, data processing server exports skyrocketed to $X in 2022. In general, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2019 when exports increased by 55% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for data processing server exports from Belgium, accounting for a 44% share of total exports. Moreover, data processing server exports to the Netherlands exceeded the volume sent to the second major destination, France (X units), ninefold. Luxembourg (X units) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+11.5% per year) and Luxembourg (+1.2% per year).

In value terms, the Netherlands ($X) remains the key foreign market for data processing servers exports from Belgium, comprising 40% of total exports. The second position in the ranking was held by France ($X), with a 7% share of total exports. It was followed by Germany, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.3% per year) and Germany (-7.2% per year).

Export Prices by Country

The average data processing server export price stood at $X per unit in 2022, jumping by 44% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 82% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Data Processing Server Imports

Imports into Belgium

In 2022, approx. X units of data processing servers were imported into Belgium; dropping by -46.8% on the year before. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 103% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, data processing server imports dropped to $X in 2022. Overall, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.1% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 52% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of data processing server imports to Belgium, with a combined 82% share of total imports. The United States, China, France, Italy, Hungary and the UK lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +24.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of data processing servers to Belgium, comprising 46% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+15.4% per year) and Germany (+6.7% per year).

Import Prices by Country

The average data processing server import price stood at $X per unit in 2022, increasing by 66% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 82% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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