Belgium: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Belgium

The Belgian metal deburring machine market declined rapidly to $X in 2021, shrinking by -42.4% against the previous year. Over the period under review, consumption showed a deep contraction. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Metal Deburring Machine Production in Belgium

In value terms, metal deburring machine production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight shrinkage. Metal deburring machine production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Metal Deburring Machine Exports

Exports from Belgium

For the fourth year in a row, Belgium recorded growth in overseas shipments of machines for deburring or polishing metal, which increased by 253% to X units in 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 317%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, metal deburring machine exports surged to $X in 2021. In general, exports recorded prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 343%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Switzerland (X units) was the main destination for metal deburring machine exports from Belgium, accounting for a 71% share of total exports. Moreover, metal deburring machine exports to Switzerland exceeded the volume sent to the second major destination, Germany (X units), fourfold. France (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland totaled +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+79.5% per year) and France (-0.9% per year).

In value terms, Germany ($X), Switzerland ($X) and France ($X) constituted the largest markets for metal deburring machine exported from Belgium worldwide, together accounting for 80% of total exports.

Germany, with a CAGR of +70.6%, saw the highest rates of growth with regard to the value of exports, among 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 metal deburring machine export price stood at $X per unit in 2021, reducing by -67% against the previous year. Over the period under review, the export price faced a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 71% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Switzerland ($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 the Netherlands (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Deburring Machine Imports

Imports into Belgium

In 2021, after four years of growth, there was significant decline in overseas purchases of machines for deburring or polishing metal, when their volume decreased by -26% to X units. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 404%. As a result, imports reached the peak of X units, and then shrank markedly in the following year.

In value terms, metal deburring machine imports amounted to $X in 2021. Overall, imports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2020 with an increase of 235% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal deburring machine to Belgium, accounting for a 56% share of total imports. Moreover, metal deburring machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Japan (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.5% per year) and Japan (+29.2% per year).

In value terms, Japan ($X) constituted the largest supplier of machines for deburring or polishing metal to Belgium, comprising 55% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by Switzerland, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Japan stood at +27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.2% per year) and Switzerland (-5.9% per year).

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, increasing by 44% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Japan (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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