Belgium: Market for Television, Video and Digital Cameras 2025

Market Size for Television, Video and Digital Cameras in Belgium

The Belgian market for television, video and digital cameras fell rapidly to $X in 2022, with a decrease of -17.8% against the previous year. Over the period under review, consumption recorded a noticeable setback. Television, video and digital camera consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Television, Video and Digital Cameras in Belgium

In value terms, television, video and digital camera production declined rapidly to $X in 2022 estimated in export price. In general, production showed a sharp contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 28% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Television, Video and Digital Cameras

Exports from Belgium

In 2022, overseas shipments of television, video and digital cameras increased by 0.1% to X units, rising for the fourth year in a row after six years of decline. Over the period under review, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 261% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, television, video and digital camera exports reduced sharply to $X in 2022. Overall, exports, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 76% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for television, video and digital camera exports from Belgium, accounting for a 44% share of total exports. Moreover, television, video and digital camera exports to the Netherlands exceeded the volume sent to the second major destination, France (X units), twofold. Germany (X units) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-6.5% per year) and Germany (-2.7% per year).

In value terms, the Netherlands ($X), the United States ($X) and Germany ($X) constituted the largest markets for television, video and digital camera exported from Belgium worldwide, with a combined 53% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +12.0%, saw 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 export price for television, video and digital cameras stood at $X per unit in 2022, with a decrease of -16.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 36%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Portugal ($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 the United States (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Television, Video and Digital Cameras

Imports into Belgium

After six years of growth, purchases abroad of television, video and digital cameras decreased by -8.7% to X units in 2022. Overall, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 126% against the previous year. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, television, video and digital camera imports reduced dramatically to $X in 2022. Over the period under review, imports saw a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of television, video and digital camera imports to Belgium, with a combined 72% share of total imports. France, Sweden, Ireland, Hungary, the Czech Republic and Myanmar lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +80.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of television, video and digital cameras to Belgium, comprising 47% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Germany, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.6% per year) and Germany (-4.7% per year).

Import Prices by Country

The average import price for television, video and digital cameras stood at $X per unit in 2022, reducing by -6.9% against the previous year. In general, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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