Belgium: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in Belgium

The Belgian electronic material tester market shrank to $X in 2021, which is down by -7.1% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.9% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Electronic Material Tester Production in Belgium

In value terms, electronic material tester production reduced to $X in 2021 estimated in export price. Overall, the total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +6.9% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 72%. Electronic material tester production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Electronic Material Tester Exports

Exports from Belgium

In 2021, approx. X units of electronic machines and appliances for testing materials were exported from Belgium; surging by 72% against the year before. Over the period under review, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electronic material tester exports soared to $X in 2021. Overall, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for electronic material tester exports from Belgium, with a 27% share of total exports. Moreover, electronic material tester exports to Germany exceeded the volume sent to the second major destination, Malaysia (X units), twofold. The third position in this ranking was taken by the United States (X units), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+100.7% per year) and the United States (+7.7% per year).

In value terms, the largest markets for electronic material tester exported from Belgium were Germany ($X), the United States ($X) and China ($X), with a combined 34% share of total exports. These countries were followed by the UK, Sri Lanka, France, Brazil, Poland, Malaysia, Canada, Peru, Vietnam and Cameroon, which together accounted for a further 39%.

Among the main countries of destination, Peru, with a CAGR of +89.6%, 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 electronic material tester export price amounted to $X per unit, waning by -4.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Malaysia ($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 the UK (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into Belgium

In 2021, supplies from abroad of electronic machines and appliances for testing materials increased by 37% to X units, rising for the fourth consecutive year after four years of decline. In general, imports posted a temperate expansion. The growth pace was the most rapid in 2019 with an increase of 69% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, electronic material tester imports soared to $X in 2021. Over the period under review, imports continue to indicate a pronounced increase. The most prominent rate of growth was recorded in 2017 when imports increased by 52% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of electronic material tester to Belgium, with a 40% share of total imports. Moreover, electronic material tester imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Italy (X units) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.9% per year) and Italy (+2.2% per year).

In value terms, the United States ($X), Germany ($X) and China ($X) constituted the largest electronic material tester suppliers to Belgium, with a combined 53% share of total imports. These countries were followed by Spain, France, the Netherlands, Italy, Vietnam and Turkey, which together accounted for a further 23%.

Vietnam, with a CAGR of +68.1%, recorded the highest growth rate of the value of imports, among the main suppliers 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 electronic material tester import price amounted to $X per unit, rising by 9.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 76% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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