Belgium: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Belgium

In 2022, the Belgian market for machine-tools for working stone, ceramics, and concrete increased by 38% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Belgium

In value terms, machine tools for working stone production reduced to $X in 2022 estimated in export price. In general, production showed a precipitous descent. The most prominent rate of growth was recorded in 2015 with an increase of 134% against the previous year. Machine tools for working stone production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Belgium

After two years of growth, overseas shipments of machine-tools for working stone, ceramics, and concrete decreased by -48.5% to X units in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 131%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine tools for working stone exports reduced markedly to $X in 2022. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 124% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt (X units), France (X units) and the Czech Republic (X units) were the main destinations of machine tools for working stone exports from Belgium, together comprising 49% of total exports. The Netherlands, Ukraine, Turkey, Israel, Hungary, the United States, Kuwait, Saudi Arabia, Morocco and Albania lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Albania (with a CAGR of +79.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine tools for working stone exported from Belgium were France ($X), the Netherlands ($X) and the Czech Republic ($X), together accounting for 37% of total exports. Hungary, Turkey, Israel, the United States, Saudi Arabia, Egypt, Kuwait, Ukraine, Albania and Morocco lagged somewhat behind, together comprising a further 29%.

Albania, with a CAGR of +56.9%, 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 export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, declining by -4.8% against the previous year. In general, the export price saw a noticeable contraction. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Egypt ($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 the United States (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Belgium

In 2022, after four years of growth, there was significant decline in purchases abroad of machine-tools for working stone, ceramics, and concrete, when their volume decreased by -25.5% to X units. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 66%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, machine tools for working stone imports shrank rapidly to $X in 2022. Overall, imports recorded a mild decline. The most prominent rate of growth was recorded in 2016 with an increase of 88%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), China (X units) and Italy (X units) were the main suppliers of machine tools for working stone imports to Belgium, together accounting for 75% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +22.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest machine tools for working stone suppliers to Belgium were Italy ($X), the Netherlands ($X) and China ($X), with a combined 76% share of total imports. Germany and Switzerland lagged somewhat behind, together comprising a further 21%.

Switzerland, with a CAGR of +27.5%, 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.

Import Prices by Country

The average import price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, shrinking by -3.2% against the previous year. Overall, the import price saw a perceptible slump. The pace of growth appeared the most rapid in 2016 an increase of 83%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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