Belgium: Industrial Robot Market 2024

Industrial Robot Market Size in Belgium

The Belgian industrial robot market surged to $X in 2021, with an increase of 119% against the previous year. In general, consumption, however, showed a mild downturn. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Industrial Robot Production in Belgium

In value terms, industrial robot production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +72.4% against 2018 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Industrial Robot Exports

Exports from Belgium

In 2021, approx. X units of industrial robots for multiple uses were exported from Belgium; picking up by 13% on the year before. In general, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -17.0% against 2019 indices. The pace of growth was the most pronounced in 2016 when exports increased by 49%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, industrial robot exports totaled $X in 2021. Overall, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 82%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), the Netherlands (X units) and China (X units) were the main destinations of industrial robot exports from Belgium, with a combined 58% share of total exports. These countries were followed by Germany, the UK, the United States, India, Italy, Spain, the Czech Republic, Australia, Brazil and Luxembourg, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +80.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial robot exported from Belgium were the Netherlands ($X), France ($X) and Germany ($X), with a combined 49% share of total exports. These countries were followed by China, the UK, the United States, Spain, Italy, the Czech Republic, Australia, Brazil, Luxembourg and India, which together accounted for a further 35%.

China, with a CAGR of +87.1%, saw 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

In 2021, the average industrial robot export price amounted to $X per unit, falling by -10.3% against the previous year. In general, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial robot export price decreased by -11.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 55% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to India ($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 China (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Robot Imports

Imports into Belgium

In 2021, approx. X units of industrial robots for multiple uses were imported into Belgium; with an increase of 39% against 2020 figures. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +56.3% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 63% against the previous year. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial robot imports surged to $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 33% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of industrial robot to Belgium, accounting for a 58% share of total imports. Moreover, industrial robot imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The Netherlands (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+58.5% per year) and the Netherlands (-5.6% per year).

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest industrial robot suppliers to Belgium, together accounting for 60% of total imports.

Italy, with a CAGR of +62.3%, saw 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 industrial robot import price stood at $X per unit in 2021, reducing by -6.1% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 60%. The import price peaked at $X per unit in 2018; however, from 2019 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 Sweden ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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