Belgium: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in Belgium

In 2022, after four years of decline, there was significant growth in the Belgian electric soldering iron market, when its value increased by X% to $X. Over the period under review, consumption posted significant growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Electric Soldering Iron Production in Belgium

In value terms, electric soldering iron production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Electric Soldering Iron Exports

Exports from Belgium

In 2022, after four years of growth, there was significant decline in overseas shipments of electric soldering irons and guns, when their volume decreased by X% to X units. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, electric soldering iron exports declined rapidly to $X in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), France (X units) and Germany (X units) were the main destinations of electric soldering iron exports from Belgium, with a combined X% share of total exports. Italy, Spain, Iceland, Switzerland, South Korea, Portugal, Poland, the UK and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the largest markets for electric soldering iron exported from Belgium worldwide, with a combined X% share of total exports. Italy, Spain, Switzerland, Portugal, Poland, the UK, Denmark, Iceland and South Korea lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Switzerland, with a CAGR of X%, saw 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 electric soldering iron export price stood at $X per unit in 2022, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to South Korea ($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 Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Soldering Iron Imports

Imports into Belgium

In value terms, electric soldering iron imports declined dramatically to $X in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced markedly in the following year.

Imports by Country

In value terms, the largest electric soldering iron suppliers to Belgium were the Netherlands ($X), China ($X) and Germany ($X), with a combined X% share of total imports. France, Sweden, the UK and Austria lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to 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.

Source: IndexBox Platform

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