Belgium: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Belgium

The Belgian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids soared to $X in 2022, increasing by 271% against the previous year. In general, consumption posted a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Belgium

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced markedly to $X in 2022 estimated in export price. Overall, production, however, faced a dramatic contraction. The pace of growth was the most pronounced in 2020 when the production volume increased by 47%. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Belgium

In 2022, overseas shipments of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids decreased by -41.9% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 81% against the previous year. The exports peaked at X units in 2021, and then reduced markedly in the following year.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids declined remarkably to $X in 2022. Overall, exports showed a perceptible setback. The pace of growth was the most pronounced in 2021 when exports increased by 72% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), South Korea (X units) and India (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Belgium, together comprising 29% of total exports. France, Bangladesh, Ukraine, Mexico, Germany, Luxembourg, Israel, the United States, Serbia and Australia lagged somewhat behind, together accounting for a further 51%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +67.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Belgium were the Netherlands ($X), Germany ($X) and France ($X), together accounting for 36% of total exports. India, the United States, South Korea, Mexico, Israel, Luxembourg, Bangladesh, Ukraine, Australia and Serbia lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, Serbia, with a CAGR of +53.4%, 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 2022, the average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, almost unchanged from the previous year. Overall, the export price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 119%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Bangladesh ($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 Netherlands (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids, when their volume decreased by -42.7% to X units. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 49% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids shrank significantly to $X in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 43% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Italy (X units) and Turkey (X units) were the main suppliers of imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Belgium, with a combined 68% share of total imports. The Netherlands, Poland, Portugal, the UK, France and China lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +58.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) were the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Belgium, with a combined 47% share of total imports. France, the UK, China, Turkey, Poland and Portugal lagged somewhat behind, together comprising a further 24%.

Poland, with a CAGR of +78.2%, saw the highest growth rate of 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

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, rising by 27% against the previous year. In general, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 83% against the previous year. Over the period under review, average import prices reached the peak figure 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 France ($X per unit), while the price for Portugal ($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 (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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