Belgium: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Belgium

In 2022, the Belgian market for non-domestic percolators and equipment for cooking or heating food decreased by -53.6% to $X for the first time since 2015, thus ending a six-year rising trend. Overall, consumption, however, showed a slight expansion. Over the period under review, the market attained the peak level at $X in 2021, and then contracted notably in the following year.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Belgium

In value terms, production of non-domestic percolators and equipment for cooking or heating food dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild downturn. The pace of growth was the most pronounced in 2019 when the production volume increased by 125%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Belgium

In 2022, exports of non-domestic percolators and equipment for cooking or heating food from Belgium reduced dramatically to X units, waning by -58.5% on the year before. Overall, exports recorded a slight descent. The most prominent rate of growth was recorded in 2020 when exports increased by 202% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food fell rapidly to $X in 2022. Over the period under review, exports, however, showed a moderate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 115%. Over the period under review, the exports of reached the maximum at $X in 2021, and then contracted significantly in the following year.

Exports by Country

The Netherlands (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Belgium, accounting for a 51% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to the Netherlands exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was taken by Germany (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.6% per year) and Germany (-6.6% per year).

In value terms, the Netherlands ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Belgium, comprising 52% of total exports. The second position in the ranking was taken by France ($X), with a 23% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.0% per year) and Germany (-3.3% per year).

Export Prices by Country

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, with an increase of 22% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food increased by +52.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Sweden ($X per unit) and the United States ($X per unit), while the average price for exports to the UK ($X per unit) and Australia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Belgium

After two years of growth, purchases abroad of non-domestic percolators and equipment for cooking or heating food decreased by -54.3% to X units in 2022. Over the period under review, imports, however, showed pronounced growth. The pace of growth was the most pronounced in 2020 when imports increased by 112%. Over the period under review, imports of hit record highs at X units in 2021, and then reduced dramatically in the following year.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food contracted remarkably to $X in 2022. In general, imports, however, continue to indicate mild growth. The pace of growth was the most pronounced in 2020 with an increase of 92% against the previous year. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Germany (X units), the Netherlands (X units) and Italy (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Belgium, with a combined 74% share of total imports. Switzerland, France, China, the United States and Spain lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +14.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to Belgium were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined 74% share of total imports. Switzerland, France, China, the United States and Spain lagged somewhat behind, together comprising a further 21%.

Switzerland, with a CAGR of +12.8%, 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

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a mild setback. The most prominent rate of growth was recorded in 2014 an increase of 51% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per unit) and the Netherlands ($X per unit), while the price for the United States ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform