Belgium: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2025

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Belgium

In 2021, the Belgian market for non-electronic instruments for measuring or checking variables of liquids or gases was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Belgium

In value terms, non-electronic liquid or gas measurer production soared to $X in 2021 estimated in export price. In general, production, however, showed a abrupt descent. The pace of growth was the most pronounced in 2013 with an increase of 173%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from Belgium

In 2021, overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases decreased by -16.5% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 169% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-electronic liquid or gas measurer exports amounted to $X in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 84%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), the Netherlands (X units) and France (X units) were the main destinations of non-electronic liquid or gas measurer exports from Belgium, with a combined 41% share of total exports. Germany, the UK, Italy, Brazil, Russia, Spain, Poland, the Czech Republic, Singapore and Luxembourg lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were in Singapore (with a CAGR of +27.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electronic liquid or gas measurer exported from Belgium were the Czech Republic ($X), France ($X) and the Netherlands ($X), with a combined 32% share of total exports. The United States, the UK, Germany, Italy, Spain, Singapore, Poland, Luxembourg, Brazil and Russia lagged somewhat behind, together comprising a further 39%.

In terms of the main countries of destination, Singapore, with a CAGR of +37.7%, 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

In 2021, the average export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, rising by 26% against the previous year. In general, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 168% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Russia ($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 (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into Belgium

In 2021, purchases abroad of non-electronic instruments for measuring or checking variables of liquids or gases increased by 128% to X units, rising for the second year in a row after two years of decline. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electronic liquid or gas measurer imports soared to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

The United States (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of non-electronic liquid or gas measurer imports to Belgium, with a combined 52% share of total imports. These countries were followed by France, Italy, Slovakia, the Czech Republic, Japan, China, the UK, Spain, Switzerland and Austria, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +111.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic liquid or gas measurer suppliers to Belgium were Germany ($X), the United States ($X) and the Netherlands ($X), together accounting for 54% of total imports. These countries were followed by Japan, France, the Czech Republic, the UK, Italy, China, Slovakia, Spain, Switzerland and Austria, which together accounted for a further 37%.

The Czech Republic, with a CAGR of +89.4%, 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

The average import price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $X per unit in 2021, which is down by -46.4% against the previous year. Over the period under review, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then declined sharply in the following year.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for Slovakia ($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 Netherlands (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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