Belgium: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Belgium

The Belgian wood slicing machine market surged to $X in 2021, picking up by 37% against the previous year. Over the period under review, consumption, however, showed a noticeable downturn. Wood slicing machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wood Slicing Machine Production in Belgium

In value terms, wood slicing machine production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible contraction. Wood slicing machine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wood Slicing Machine Exports

Exports from Belgium

In 2021, shipments abroad of splitting, slicing or paring machines increased by 16% to X units, rising for the second year in a row after two years of decline. In general, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 270% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, wood slicing machine exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 354%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

France (X units) was the main destination for wood slicing machine exports from Belgium, with a 43% share of total exports. Moreover, wood slicing machine exports to France exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. Russia (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+1.1% per year) and Russia (+34.1% per year).

In value terms, France ($X) remains the key foreign market for splitting, slicing or paring machines exports from Belgium, comprising 74% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 7.1% share of total exports. It was followed by Russia, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +27.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+5.6% per year) and Russia (+12.2% per year).

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, with an increase of 47% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 411%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average 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 France ($X per unit), while the average price for exports to Italy ($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 Poland (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Belgium

After three years of growth, overseas purchases of splitting, slicing or paring machines decreased by -25.2% to X units in 2021. Over the period under review, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 196% against the previous year. As a result, imports reached the peak of X units, and then declined sharply in the following year.

In value terms, wood slicing machine imports skyrocketed to $X in 2021. In general, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 82% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X units), the Netherlands (X units) and Luxembourg (X units) were the main suppliers of wood slicing machine imports to Belgium, together accounting for 85% of total imports. These countries were followed by France, Germany, Spain, Italy and Austria, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +42.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Luxembourg ($X) and France ($X) appeared to be the largest wood slicing machine suppliers to Belgium, together accounting for 71% of total imports. These countries were followed by the Netherlands, Italy, Germany, Spain and Austria, which together accounted for a further 29%.

In terms of the main suppliers, Spain, with a CAGR of +57.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wood slicing machine import price amounted to $X per unit, rising by 67% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, 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 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 Spain (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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