Belgium: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Belgium

In 2022, the Belgian paperboard container machine market was finally on the rise to reach $X after two years of decline. Overall, consumption posted a buoyant expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Paperboard Container Machine Production in Belgium

In value terms, paperboard container machine production expanded to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 106% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Paperboard Container Machine Exports

Exports from Belgium

In 2022, shipments abroad of machines for making containers of paper or paperboard decreased by -77.6% to X units, falling for the second year in a row after three years of growth. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 546%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, paperboard container machine exports declined sharply to $X in 2022. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 391% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X units), the United States (X units) and Colombia (X units) were the main destinations of paperboard container machine exports from Belgium, with a combined 63% share of total exports. These countries were followed by Brazil, Morocco, the Dominican Republic and Chile, which together accounted for a further 31%. Moreover, paperboard container machine exports in Mexico exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +7.0%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) emerged as the key foreign market for machines for making containers of paper or paperboard exports from Belgium, comprising 39% of total exports. The second position in the ranking was held by Colombia ($X), with a 19% share of total exports. It was followed by Chile, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico totaled -16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (0.0% per year) and Chile (+69.0% per year).

Export Prices by Country

The average paperboard container machine export price stood at $X per unit in 2022, growing by 7.7% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 44%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Morocco ($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 Dominican Republic (+615.7%), while the prices for the other major destinations experienced more modest paces of growth.

Paperboard Container Machine Imports

Imports into Belgium

In 2022, approx. X units of machines for making containers of paper or paperboard were imported into Belgium; which is down by -50.7% on 2021. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 259% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paperboard container machine imports shrank sharply to $X in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 224%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest paperboard container machine supplier to Belgium, accounting for a 48% share of total imports. Moreover, paperboard container machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Italy (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.1% per year) and Italy (-12.4% per year).

In value terms, Germany ($X) constituted the largest supplier of machines for making containers of paper or paperboard to Belgium, comprising 53% of total imports. The second position in the ranking was taken by Turkey ($X), with a 16% share of total imports. It was followed by China, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+304.4% per year) and China (-4.4% per year).

Import Prices by Country

In 2022, the average paperboard container machine import price amounted to $X per unit, picking up by 15% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paperboard container machine import price increased by +62.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 41%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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