Belgium: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Belgium

The Belgian non-electronic hydro- and hygrometers market soared to $X in 2021, growing by 42% against the previous year. In general, consumption, however, recorded a slight contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Non-Electronic Hydro-, Hygro-, Psychrometers in Belgium

In value terms, non-electronic hydro- and hygrometers production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a deep contraction. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Belgium

In 2021, shipments abroad of non-electronic hydro-, hygro-, psychrometers increased by 12% to X units, rising for the third year in a row after two years of decline. Overall, exports, however, recorded a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 146% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers exports soared to $X in 2021. Over the period under review, exports posted a remarkable increase. The growth pace was the most rapid in 2016 when exports increased by 102% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X units) was the main destination for non-electronic hydro- and hygrometers exports from Belgium, with a 55% share of total exports. Moreover, non-electronic hydro- and hygrometers exports to France exceeded the volume sent to the second major destination, Germany (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+4.8% per year) and the Netherlands (+13.2% per year).

In value terms, the largest markets for non-electronic hydro- and hygrometers exported from Belgium were France ($X), Germany ($X) and the United States ($X), together accounting for 48% of total exports. These countries were followed by the Netherlands, the UK and Israel, which together accounted for a further 11%.

In terms of the main countries of destination, Israel, with a CAGR of +12.1%, 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

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2021, surging by 8.9% against the previous year. Overall, the export price saw a strong increase. The growth pace was the most rapid in 2015 when the average export price increased by 234% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Israel ($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 United States (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Belgium

For the third year in a row, Belgium recorded growth in purchases abroad of non-electronic hydro-, hygro-, psychrometers, which increased by 1.7% to X units in 2021. Overall, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, non-electronic hydro- and hygrometers imports soared to $X in 2021. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 99%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

France (X units), China (X units) and Germany (X units) were the main suppliers of non-electronic hydro- and hygrometers imports to Belgium, together comprising 82% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +37.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic hydro- and hygrometers suppliers to Belgium were China ($X), Germany ($X) and the Netherlands ($X), with a combined 61% share of total imports. These countries were followed by France, the United States, the UK and Austria, which together accounted for a further 24%.

In terms of the main suppliers, France, with a CAGR of +29.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electronic hydro- and hygrometers import price stood at $X per unit in 2021, surging by 35% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-electronic hydro- and hygrometers import price increased by +72.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 40%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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