Belgium: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Belgium

The Belgian steam blasting machine market reached $X in 2021, remaining stable against the previous year. In general, consumption, however, saw resilient growth. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Steam Blasting Machine Production in Belgium

In value terms, steam blasting machine production dropped to $X in 2021 estimated in export price. Overall, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 315%. Over the period under review, production reached the peak level at $X in 2020, and then contracted in the following year.

Steam Blasting Machine Exports

Exports from Belgium

In 2021, steam blasting machine exports from Belgium soared to X units, growing by 67% on the previous year. Overall, exports saw a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by 2,560% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, steam blasting machine exports skyrocketed to $X in 2021. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 85%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X units) was the main destination for steam blasting machine exports from Belgium, with a 48% share of total exports. Moreover, steam blasting machine exports to France exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. Germany (X units) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+26.3% per year) and Germany (+27.0% per year).

In value terms, France ($X) remains the key foreign market for steam or sand blasting machines and similar jet-projecting machines exports from Belgium, comprising 38% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+10.7% per year) and Germany (+20.3% per year).

Export Prices by Country

The average steam blasting machine export price stood at $X per unit in 2021, with a decrease of -16.4% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 975% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, the 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 Russia ($X per unit), while the average price for exports to Estonia ($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 Italy (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into Belgium

In 2021, overseas purchases of steam or sand blasting machines and similar jet-projecting machines increased by 20% to X units, rising for the fifth year in a row after three years of decline. Over the period under review, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 1,047%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, steam blasting machine imports soared to $X in 2021. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 70% 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 Germany (X units) were the main suppliers of steam blasting machine imports to Belgium, with a combined 75% share of total imports. Denmark, France, Italy, Hungary and the United States lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +139.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest steam blasting machine suppliers to Belgium were China ($X), Hungary ($X) and the Netherlands ($X), together comprising 70% of total imports.

Hungary, with a CAGR of +245.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 steam blasting machine import price amounted to $X per unit, picking up by 12% against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 586% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 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 the United States ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+44.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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