Belgium: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in Belgium

In 2021, the Belgian stone sawing machine market increased by 25% to $X, rising for the second year in a row after three years of decline. In general, consumption enjoyed a buoyant increase. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Stone Sawing Machine Production in Belgium

In value terms, stone sawing machine production reduced markedly to $X in 2021 estimated in export price. Overall, production, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2013 when the production volume increased by 659% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Stone Sawing Machine Exports

Exports from Belgium

After two years of growth, shipments abroad of sawing machines for working stone, ceramics and concrete decreased by -38.4% to X units in 2021. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2020 with an increase of 252% against the previous year. As a result, the exports reached the peak of X units, and then contracted significantly in the following year.

In value terms, stone sawing machine exports soared to $X in 2021. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 139% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X units), France (X units) and Poland (X units) were the main destinations of stone sawing machine exports from Belgium, together accounting for 65% of total exports. These countries were followed by Germany, Cameroon, Sweden and Luxembourg, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +104.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stone sawing machine exported from Belgium were the Netherlands ($X), France ($X) and Poland ($X), with a combined 69% share of total exports. These countries were followed by Luxembourg, Sweden, Germany and Cameroon, which together accounted for a further 19%.

Sweden, with a CAGR of +85.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, growing by 120% against the previous year. In general, the export price, however, recorded a pronounced downturn. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Luxembourg ($X per unit), while the average price for exports to Cameroon ($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 Netherlands (+1.3%), while the prices for the other major destinations experienced a decline.

Stone Sawing Machine Imports

Imports into Belgium

After two years of decline, supplies from abroad of sawing machines for working stone, ceramics and concrete increased by 96% to X units in 2021. In general, imports showed a prominent increase. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, stone sawing machine imports surged to $X in 2021. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 104%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Italy (X units), China (X units) and the Netherlands (X units) were the main suppliers of stone sawing machine imports to Belgium, together comprising 81% of total imports. These countries were followed by Germany, France, the UK and Sweden, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +47.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Belgium, comprising 55% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+33.6% per year) and Germany (+13.0% per year).

Import Prices by Country

The average stone sawing machine import price stood at $X per unit in 2021, waning by -9% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 73%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for the Netherlands ($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 UK (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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