Belgium: Seeder And Planter Market 2024

Seeder And Planter Market Size in Belgium

The Belgian seeder and planter market amounted to less than $X in 2021, stabilizing at the previous year. In general, consumption showed a significant increase. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Seeder And Planter Production in Belgium

In value terms, seeder and planter production totaled less than $X in 2021 estimated in export price. Over the period under review, production recorded a significant expansion. The growth pace was the most rapid in 2016 when the production volume increased by 53% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Seeder And Planter Exports

Exports from Belgium

In 2016, overseas shipments of seeders, planters, transplanters decreased by -22.2% to X units, falling for the third year in a row after two years of growth. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 65% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2016, the growth of the exports remained at a lower figure.

In value terms, seeder and planter exports expanded rapidly to $X in 2016. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 65%. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

France (X units), the Netherlands (X units) and the UK (X units) were the main destinations of seeder and planter exports from Belgium, with a combined 63% share of total exports. These countries were followed by Germany, Australia, Poland, China, Italy, Switzerland, Canada, Luxembourg and Denmark, which together accounted for a further 25%.

From 2012 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +27.8%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and the UK ($X) constituted the largest markets for seeder and planter exported from Belgium worldwide, with a combined 63% share of total exports. Germany, Australia, Poland, Switzerland, Italy, China, Luxembourg, Canada and Denmark lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, Poland, with a CAGR of +37.0%, saw 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 2016, the average seeder and planter export price amounted to $X per unit, rising by 44% against the previous year. Over the last four years, it increased at an average annual rate of +8.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Seeder And Planter Imports

Imports into Belgium

In 2016, overseas purchases of seeders, planters, transplanters decreased by -43.7% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports faced a abrupt downturn. The growth pace was the most rapid in 2013 when imports increased by 37%. As a result, imports reached the peak of X units. From 2014 to 2016, the growth of imports remained at a lower figure.

In value terms, seeder and planter imports dropped notably to $X in 2016. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 with an increase of 37%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports remained at a lower figure.

Imports by Country

In 2016, Germany (X units) constituted the largest seeder and planter supplier to Belgium, accounting for a 60% share of total imports. Moreover, seeder and planter imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Italy (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2016, the average annual rate of growth in terms of volume from Germany amounted to -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-25.6% per year) and Italy (-6.9% per year).

In value terms, Germany ($X) constituted the largest supplier of seeders, planters, transplanters to Belgium, comprising 60% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports. It was followed by Italy, with a 16% share.

From 2012 to 2016, the average annual growth rate of value from Germany amounted to -7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-23.7% per year) and Italy (-4.5% per year).

Import Prices by Country

The average seeder and planter import price stood at $X per unit in 2016, surging by 17% against the previous year. Over the last four years, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2016, amid the top importers, the countries with the highest prices were Luxembourg ($X per unit) and the Netherlands ($X per unit), while the price for France ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Canada (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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