Belgium: Video Monitor Market 2025

Video Monitor Market Size in Belgium

The Belgian video monitor market declined to $X in 2021, dropping by -14.1% against the previous year. Over the period under review, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +94.5% against 2017 indices. Video monitor consumption peaked at $X in 2020, and then dropped in the following year.

Video Monitor Production in Belgium

In value terms, video monitor production fell significantly to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of 229% against the previous year. Video monitor production peaked at $X in 2020, and then declined notably in the following year.

Video Monitor Exports

Exports from Belgium

In 2021, shipments abroad of video monitors increased by 28% to X units, rising for the fifth year in a row after two years of decline. Overall, exports, however, continue to indicate a mild curtailment. The growth pace was the most rapid in 2020 when exports increased by 47%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, video monitor exports reduced slightly to $X in 2021. In general, exports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2019 when exports increased by 11% against the previous year. The exports peaked at $X in 2012; however, from 2013 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 video monitor exports from Belgium, together comprising 64% of total exports. The United States, Italy, the Czech Republic, the UK, Luxembourg and Poland lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +4.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for video monitor exported from Belgium were the United States ($X), the Netherlands ($X) and Germany ($X), with a combined 49% share of total exports. These countries were followed by France, the Czech Republic, the UK, Italy, Poland and Luxembourg, which together accounted for a further 24%.

The Czech Republic, with a CAGR of +17.8%, recorded the highest growth rate of the value of exports, in terms of 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 video monitor export price stood at $X per unit in 2021, waning by -22.8% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The growth pace was the most rapid in 2015 an increase of 55% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 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 United States ($X per unit), while the average price for exports to the Netherlands ($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 Czech Republic (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Imports

Imports into Belgium

In 2021, approx. X units of video monitors were imported into Belgium; with an increase of 30% against the year before. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 40% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, video monitor imports rose markedly to $X in 2021. In general, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.8% against 2016 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of video monitor to Belgium, accounting for a 50% share of total imports. Moreover, video monitor imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Thailand (X units), with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.9% per year) and Thailand (+24.5% per year).

In value terms, the Netherlands ($X), China ($X) and Thailand ($X) were the largest video monitor suppliers to Belgium, together comprising 65% of total imports. These countries were followed by Germany, the Czech Republic, Poland and France, which together accounted for a further 16%.

Poland, with a CAGR of +35.1%, saw the highest rates of growth with regard to 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 2021, the average video monitor import price amounted to $X per unit, falling by -12.8% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of 41%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :