Belgium: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Belgium

In 2021, the Belgian pliers and pincers market decreased by -14.4% to $X, falling for the second year in a row after four years of growth. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.7% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Pliers And Pincers Exports

Exports from Belgium

In 2021, the amount of pliers, pincers and tweezers for nonmedical use exported from Belgium surged to X tons, jumping by 26% compared with 2020 figures. In general, exports recorded a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 180%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, pliers and pincers exports surged to $X in 2021. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 146% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and Poland (X tons) were the main destinations of pliers and pincers exports from Belgium, with a combined 58% share of total exports. These countries were followed by Italy, the Netherlands, Spain, the UK, Portugal, Romania and Greece, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +32.7%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for pliers, pincers and tweezers for nonmedical use exports from Belgium, comprising 32% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by Poland, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.2% per year) and Poland (+23.3% per year).

Export Prices by Country

In 2021, the average pliers and pincers export price amounted to $X per ton, reducing by -1.7% against the previous year. Overall, the export price showed a noticeable setback. The growth pace was the most rapid in 2016 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($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 the UK (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into Belgium

In 2021, the amount of pliers, pincers and tweezers for nonmedical use imported into Belgium surged to X tons, jumping by 16% against 2020. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, pliers and pincers imports soared to $X in 2021. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 78%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pliers and pincers to Belgium, with a 62% share of total imports. Moreover, pliers and pincers imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.7% per year) and the Netherlands (+3.3% per year).

In value terms, the largest pliers and pincers suppliers to Belgium were China ($X), the Netherlands ($X) and Germany ($X), together accounting for 72% of total imports.

China, with a CAGR of +13.4%, recorded 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 pliers and pincers import price stood at $X per ton in 2021, increasing by 3.6% against the previous year. In general, the import price, however, showed a noticeable contraction. The growth pace was the most rapid in 2014 an increase of 9.5%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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 India (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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