Belgium: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Belgium

After five years of decline, the Belgian photo-copying apparatus market increased by 31% to $X in 2022. In general, consumption, however, showed a relatively flat trend pattern. Photo-copying apparatus consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Photo-Copying Apparatus Production in Belgium

In value terms, photo-copying apparatus production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 2.9%. Photo-copying apparatus production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Photo-Copying Apparatus Exports

Exports from Belgium

After two years of growth, overseas shipments of photo-copying apparatus decreased by -77% to X units in 2022. Overall, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by 382% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted markedly in the following year.

In value terms, photo-copying apparatus exports contracted sharply to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 203%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for photo-copying apparatus exports from Belgium, accounting for a 23% share of total exports. Moreover, photo-copying apparatus exports to France exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.1% per year) and the Netherlands (+61.2% per year).

In value terms, the Netherlands ($X), the Czech Republic ($X) and Germany ($X) appeared to be the largest markets for photo-copying apparatus exported from Belgium worldwide, together accounting for 38% of total exports.

Among the main countries of destination, the Czech Republic, with a CAGR of +150.7%, 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 2022, the average photo-copying apparatus export price amounted to $X per unit, jumping by 122% against the previous year. In general, the export price, however, saw a deep contraction. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to France ($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 the Czech Republic (+1.9%), while the prices for the other major destinations experienced a decline.

Photo-Copying Apparatus Imports

Imports into Belgium

After three years of growth, purchases abroad of photo-copying apparatus decreased by -34.3% to X units in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 326% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then contracted markedly in the following year.

In value terms, photo-copying apparatus imports dropped rapidly to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 118%. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Poland (X units), China (X units) and the Netherlands (X units) were the main suppliers of photo-copying apparatus imports to Belgium, together comprising 83% of total imports. France, Germany and Malaysia lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +118.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest photo-copying apparatus suppliers to Belgium were the Netherlands ($X), China ($X) and Poland ($X), together accounting for 59% of total imports. Germany, Malaysia and France lagged somewhat behind, together accounting for a further 18%.

Malaysia, with a CAGR of +136.1%, saw 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 photo-copying apparatus import price amounted to $X per unit, approximately mirroring the previous year. In general, the import price saw a deep setback. The growth pace was the most rapid in 2013 when the average import price increased by 37% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 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 Malaysia ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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