Belgium: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Belgium

The Belgian cable-making machine market fell rapidly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Cable-Making Machine Exports

Exports from Belgium

In 2022, approx. X units of rope or cable-making machines were exported from Belgium; jumping by X% on 2021. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, cable-making machine exports expanded sharply to $X in 2022. In general, exports, however, showed a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X units), Italy (X units) and India (X units) were the main destinations of cable-making machine exports from Belgium, with a combined X% share of total exports. Romania, Germany, Serbia, South Africa and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Italy ($X) and Germany ($X) were the largest markets for cable-making machine exported from Belgium worldwide, together accounting for X% of total exports. Romania, Serbia, South Africa, the United States and India lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Serbia, with a CAGR of X%, 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 cable-making machine export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to India ($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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cable-Making Machine Imports

Imports into Belgium

Cable-making machine imports into Belgium contracted sharply to X units in 2022, waning by X% against the previous year. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cable-making machine imports fell remarkably to $X in 2022. In general, imports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Luxembourg (X units), France (X units) and Germany (X units) were the main suppliers of cable-making machine imports to Belgium, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of rope or cable-making machines to Belgium, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Luxembourg, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2022, the average cable-making machine import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a precipitous setback. The pace of growth was the most pronounced in 2016 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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