Belgium: Motor Grader Market 2024

Motor Grader Market Size in Belgium

The Belgian motor grader market dropped modestly to $X in 2022, reducing by -3.5% against the previous year. Over the period under review, consumption saw a abrupt setback. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Motor Grader Production in Belgium

In value terms, motor grader production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 26%. Motor grader production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Motor Grader Exports

Exports from Belgium

In 2022, shipments abroad of motor graders and levellers decreased by -57.8% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a slight reduction. The pace of growth was the most pronounced in 2020 with an increase of 149%. The exports peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, motor grader exports dropped dramatically to $X in 2022. Over the period under review, exports saw a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of 226% against the previous year. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Germany (X units), Luxembourg (X units) and Denmark (X units) were the main destinations of motor grader exports from Belgium, together comprising 53% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +1,500.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motor grader exported from Belgium were Germany ($X), Nigeria ($X) and the Netherlands ($X), together comprising 54% of total exports. Egypt, Benin, Iraq, Greece, Cote d'Ivoire, Denmark, Cameroon, Luxembourg, Guyana and Guinea lagged somewhat behind, together comprising a further 26%.

Among the main countries of destination, Denmark, with a CAGR of +1,112.8%, recorded the highest rates of growth with regard to 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 motor grader export price stood at $X per unit in 2022, dropping by -29.9% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by 31%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Luxembourg ($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 Cote d'Ivoire (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Grader Imports

Imports into Belgium

After two years of growth, supplies from abroad of motor graders and levellers decreased by -86.4% to X units in 2022. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 300% against the previous year. Imports peaked at X units in 2021, and then dropped sharply in the following year.

In value terms, motor grader imports declined significantly to $X in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 598%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest motor grader supplier to Belgium, with a 50% share of total imports. Moreover, motor grader imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. China (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-8.4% per year) and China (+2.9% per year).

In value terms, China ($X) constituted the largest supplier of motor graders and levellers to Belgium, comprising 53% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-29.5% per year) and the Netherlands (-19.1% per year).

Import Prices by Country

In 2022, the average motor grader import price amounted to $X per unit, falling by -8.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+180.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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