Belgium: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Belgium

In 2021, the Belgian food manufacture machinery market decreased by -88.6% to $X, falling for the second year in a row after three years of growth. In general, consumption faced a drastic downturn. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Food Manufacture Machinery Production in Belgium

In value terms, food manufacture machinery production reached $X in 2021 estimated in export price. Overall, production saw a abrupt setback. The growth pace was the most rapid in 2014 with an increase of 22% against the previous year. Food manufacture machinery production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Food Manufacture Machinery Exports

Exports from Belgium

In 2021, shipments abroad of machinery for the preparation or manufacture of food or drink increased by 27% to X units, rising for the fifth consecutive year after four years of decline. Overall, exports, however, showed a mild decline. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, food manufacture machinery exports soared to $X in 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 28%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units), Germany (X units) and France (X units) were the main destinations of food manufacture machinery exports from Belgium, with a combined 38% share of total exports. These countries were followed by Morocco, Spain, the United States, Bulgaria, China, Australia, the Czech Republic, Egypt, Italy and Poland, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +39.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for food manufacture machinery exported from Belgium were the Netherlands ($X), France ($X) and Germany ($X), together accounting for 31% of total exports. These countries were followed by Spain, Morocco, the United States, China, Bulgaria, the Czech Republic, Poland, Australia, Italy and Egypt, which together accounted for a further 37%.

In terms of the main countries of destination, Morocco, with a CAGR of +40.0%, 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 food manufacture machinery export price amounted to $X per unit, shrinking by -4.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Germany ($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 Poland (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports into Belgium

Food manufacture machinery imports into Belgium rose sharply to X units in 2021, picking up by 7.3% against 2020. In general, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, food manufacture machinery imports dropped to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 with an increase of 32%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), France (X units) and Germany (X units) were the main suppliers of food manufacture machinery imports to Belgium, together comprising 62% of total imports. These countries were followed by the Netherlands, Italy, Sweden, Denmark, the UK and the United States, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +35.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest food manufacture machinery suppliers to Belgium were the Netherlands ($X), Italy ($X) and France ($X), with a combined 48% share of total imports. These countries were followed by Germany, China, Denmark, Sweden, the United States and the UK, which together accounted for a further 40%.

Denmark, with a CAGR of +33.5%, saw 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

The average food manufacture machinery import price stood at $X per unit in 2021, waning by -18.7% against the previous year. In general, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2019 an increase of 26%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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