Belgium: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Belgium

In 2021, the Belgian agricultural product dryer market was finally on the rise to reach $X after three years of decline. Overall, consumption recorded a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Agricultural Product Dryer Production in Belgium

In value terms, agricultural product dryer production expanded notably to $X in 2021 estimated in export price. Over the period under review, production posted a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 327% against the previous year. Agricultural product dryer production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Agricultural Product Dryer Exports

Exports from Belgium

In 2021, the amount of dryers for the treatment of agricultural products exported from Belgium declined dramatically to X units, shrinking by -59.6% compared with 2020. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 838% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020, and then shrank dramatically in the following year.

In value terms, agricultural product dryer exports contracted remarkably to $X in 2021. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of 715% against the previous year. The exports peaked at $X in 2020, and then declined dramatically in the following year.

Exports by Country

Italy (X units), France (X units) and the UK (X units) were the main destinations of agricultural product dryer exports from Belgium, with a combined 63% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +55.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for agricultural product dryer exported from Belgium were France ($X), Italy ($X) and the UK ($X), with a combined 58% share of total exports. These countries were followed by Spain, Romania, Slovenia, Croatia, Germany, the Czech Republic, Switzerland, Poland, Bulgaria and Hungary, which together accounted for a further 33%.

Among the main countries of destination, Croatia, with a CAGR of +264.4%, 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

The average agricultural product dryer export price stood at $X per unit in 2021, growing by 24% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 301% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 France ($X per unit), while the average price for exports to Hungary ($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 Croatia (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Product Dryer Imports

Imports into Belgium

In 2021, overseas purchases of dryers for the treatment of agricultural products increased by 229% to X units, rising for the fourth year in a row after four years of decline. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 436%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, agricultural product dryer imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2018 with an increase of 252% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of agricultural product dryer to Belgium, with a 45% share of total imports. Moreover, agricultural product dryer imports from Poland exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Poland stood at +41.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+66.6% per year) and the Netherlands (-1.8% per year).

In value terms, Poland ($X) constituted the largest supplier of dryers for the treatment of agricultural products to Belgium, comprising 47% of total imports. The second position in the ranking was held by the UK ($X), with a 23% share of total imports. It was followed by the Netherlands, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland stood at +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+58.3% per year) and the Netherlands (-17.7% per year).

Import Prices by Country

The average agricultural product dryer import price stood at $X per unit in 2021, dropping by -43.4% against the previous year. Over the period under review, the import price faced a abrupt downturn. The growth pace was the most rapid in 2015 when the average import price increased by 66%. The import price peaked at $X per unit in 2012; however, from 2013 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 Germany ($X per unit), while the price for Italy ($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 (+9.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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