Belgium: Book Folding Machine Market 2025

Book Folding Machine Market Size in Belgium

In 2022, the Belgian book folding machine market was finally on the rise to reach $X after two years of decline. In general, consumption saw a notable expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Book Folding Machine Production in Belgium

In value terms, book folding machine production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 23% 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.

Book Folding Machine Exports

Exports from Belgium

In 2022, book folding machine exports from Belgium shrank rapidly to X units, dropping by -19.3% compared with 2021. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, book folding machine exports skyrocketed to $X in 2022. Overall, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for book folding machine exports from Belgium, with a 42% share of total exports. Moreover, book folding machine exports to China exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was taken by India (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-2.4% per year) and India (+29.1% per year).

In value terms, the largest markets for book folding machine exported from Belgium were the United States ($X), China ($X) and the Netherlands ($X), with a combined 73% share of total exports. France, Poland, Germany, South Korea, the UK, India, Tanzania and Israel lagged somewhat behind, together comprising a further 18%.

Among the main countries of destination, Tanzania, with a CAGR of +37.5%, recorded the highest rates of growth with regard to 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 book folding machine export price stood at $X per unit in 2022, jumping by 63% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to India ($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 China (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Book Folding Machine Imports

Imports into Belgium

In 2022, overseas purchases of folding machines for books were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2019 with an increase of 263%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, book folding machine imports surged to $X in 2022. In general, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 52%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), the Netherlands (X units) and France (X units) were the main suppliers of book folding machine imports to Belgium, together accounting for 65% of total imports. Italy, the UK, China, Japan and Switzerland lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +52.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest book folding machine suppliers to Belgium were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined 78% share of total imports. France, Japan, the UK, China and Switzerland lagged somewhat behind, together comprising a further 17%.

Japan, with a CAGR of +267.9%, 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 2022, the average book folding machine import price amounted to $X per unit, picking up by 37% against the previous year. In general, the import price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 202%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, 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 Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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