Belgium: Metal Non-Electric Bell Market 2025

Metal Non-Electric Bell Market Size in Belgium

The Belgian metal non-electric bell market was estimated at $X in 2021, increasing by 15% against the previous year. Overall, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +99.4% against 2018 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Metal Non-Electric Bell Production in Belgium

In value terms, metal non-electric bell production contracted markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2020 with an increase of 1,820%. Metal non-electric bell production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Metal Non-Electric Bell Exports

Exports from Belgium

In 2021, approx. X tons of non-electric bells and gongs of base metal were exported from Belgium; growing by 23% on 2020 figures. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 278% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, metal non-electric bell exports skyrocketed to $X in 2021. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 437%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of metal non-electric bell exports from Belgium, together comprising 77% of total exports. Hungary, Thailand and the Netherlands lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of +67.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the largest markets for metal non-electric bell exported from Belgium worldwide, together accounting for 81% of total exports. These countries were followed by Hungary, the Netherlands and Thailand, which together accounted for a further 11%.

Thailand, with a CAGR of +70.5%, recorded the highest growth rate of the value of exports, among 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

In 2021, the average metal non-electric bell export price amounted to $X per ton, jumping by 21% against the previous year. In general, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal non-electric bell export price increased by +99.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 48% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+47.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Non-Electric Bell Imports

Imports into Belgium

For the fourth consecutive year, Belgium recorded growth in supplies from abroad of non-electric bells and gongs of base metal, which increased by 34% to X tons in 2021. Over the period under review, imports showed a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 110%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, metal non-electric bell imports skyrocketed to $X in 2021. In general, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal non-electric bell to Belgium, with a 74% share of total imports. Moreover, metal non-electric bell imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Hong Kong SAR (X tons) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.4% per year) and Hong Kong SAR (+84.5% per year).

In value terms, China ($X) constituted the largest supplier of non-electric bells and gongs of base metal to Belgium, comprising 81% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 9.5% share of total imports. It was followed by France, with a 2.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-1.3% per year) and France (-8.7% per year).

Import Prices by Country

In 2021, the average metal non-electric bell import price amounted to $X per ton, increasing by 38% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal non-electric bell import price increased by +102.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 82% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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