Belgium: Plastic Extruder Market 2024

Plastic Extruder Market Size in Belgium

The Belgian plastic extruder market expanded slightly to $X in 2021, picking up by 3.3% against the previous year. Overall, consumption, however, showed a pronounced decline. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Plastic Extruder Production in Belgium

In value terms, plastic extruder production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of 263%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Plastic Extruder Exports

Exports from Belgium

In 2021, shipments abroad of extruders for working rubber or plastics increased by 125% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports showed a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 1,033%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, plastic extruder exports surged to $X in 2021. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 635%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units), Thailand (X units) and Germany (X units) were the main destinations of plastic extruder exports from Belgium, together accounting for 59% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +33,000.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic extruder exported from Belgium were Thailand ($X), Indonesia ($X) and China ($X), with a combined 54% share of total exports.

Indonesia, with a CAGR of +68,075.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic extruder export price stood at $X per unit in 2021, surging by 84% against the previous year. In general, the export price, however, saw a noticeable setback. The growth pace was the most rapid in 2014 when the average export price increased by 171%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per unit), while the average price for exports to Germany ($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 Indonesia (+85.5%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Extruder Imports

Imports into Belgium

Plastic extruder imports into Belgium soared to X units in 2021, picking up by 58% compared with the previous year. Overall, imports posted noticeable growth. The pace of growth was the most pronounced in 2020 when imports increased by 124%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, plastic extruder imports rose modestly to $X in 2021. Over the period under review, imports continue to indicate modest growth. The pace of growth was the most pronounced in 2020 when imports increased by 205% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of plastic extruder to Belgium, accounting for a 47% share of total imports. Moreover, plastic extruder imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Italy (X units) ranked third in terms of total imports with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands amounted to +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.3% per year) and Italy (+4.3% per year).

In value terms, the largest plastic extruder suppliers to Belgium were Germany ($X), Italy ($X) and Austria ($X), together comprising 85% of total imports. The Netherlands, France and China lagged somewhat behind, together accounting for a further 14%.

France, with a CAGR of +12.9%, recorded the highest growth rate of 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.

Import Prices by Country

The average plastic extruder import price stood at $X per unit in 2021, with a decrease of -33.4% against the previous year. In general, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 144%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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