Belgium: Paper Moulding Machine Market 2025

Paper Moulding Machine Market Size in Belgium

In 2022, the Belgian paper moulding machine market decreased by -73.6% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, saw prominent growth. Paper moulding machine consumption peaked at $X in 2021, and then declined notably in the following year.

Paper Moulding Machine Exports

Exports from Belgium

Paper moulding machine exports from Belgium soared to X units in 2022, with an increase of 36% on 2021. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,140%. 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, paper moulding machine exports skyrocketed to $X in 2022. Overall, exports recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 1,266%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for paper moulding machine exports from Belgium, accounting for a 44% share of total exports. Moreover, paper moulding machine exports to Turkey exceeded the volume sent to the second major destination, Canada (X units), threefold. Democratic Republic of the Congo (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey totaled +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and Democratic Republic of the Congo (0.0% per year).

In value terms, Canada ($X), Turkey ($X) and Israel ($X) appeared to be the largest markets for paper moulding machine exported from Belgium worldwide, together accounting for 72% of total exports. These countries were followed by the United States, Cote d'Ivoire, the Czech Republic, Democratic Republic of the Congo and the Netherlands, which together accounted for a further 24%.

Among the main countries of destination, the United States, with a CAGR of +206.1%, saw 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

The average paper moulding machine export price stood at $X per unit in 2022, dropping by -9% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 723% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Democratic Republic of the Congo ($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 India (+628.6%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Moulding Machine Imports

Imports into Belgium

In 2022, the amount of machines for moulding articles in paper pulp, paper or paperboard imported into Belgium fell significantly to X units, waning by -18.3% compared with the year before. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 600%. 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, paper moulding machine imports rose markedly to $X in 2022. In general, imports, however, showed resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 719%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest paper moulding machine supplier to Belgium, with a 63% share of total imports. Moreover, paper moulding machine imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. Italy (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+30.2% per year) and Italy (+51.6% per year).

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) constituted the largest paper moulding machine suppliers to Belgium, together comprising 98% of total imports.

Italy, with a CAGR of +44.3%, recorded 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 paper moulding machine import price stood at $X per unit in 2022, increasing by 32% against the previous year. Overall, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 82%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1,976.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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