Belgium: Vacuum Pump Market 2025

Vacuum Pump Market Size in Belgium

The Belgian vacuum pump market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption recorded a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Vacuum Pump Production in Belgium

In value terms, vacuum pump production shrank remarkably to $X in 2022 estimated in export price. In general, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 41%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Vacuum Pump Exports

Exports from Belgium

For the fifth consecutive year, Belgium recorded growth in overseas shipments of vacuum pumps, which increased by 11% to X units in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 177%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, vacuum pump exports reduced remarkably to $X in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 360%. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Germany (X units), France (X units) and Japan (X units) were the main destinations of vacuum pump exports from Belgium, with a combined 60% share of total exports. Italy, Austria, the UK, China and Spain lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +107.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vacuum pump exported from Belgium were China ($X), Germany ($X) and the UK ($X), with a combined 36% share of total exports.

Among the main countries of destination, China, with a CAGR of +88.6%, 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

In 2022, the average vacuum pump export price amounted to $X per unit, waning by -34.4% against the previous year. Overall, the export price showed a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. As a result, the export price attained the peak level of $X per unit, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Japan ($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 Italy (+2.3%), while the prices for the other major destinations experienced a decline.

Vacuum Pump Imports

Imports into Belgium

For the third year in a row, Belgium recorded growth in overseas purchases of vacuum pumps, which increased by 9.9% to X units in 2022. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by 75%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, vacuum pump imports rose rapidly to $X in 2022. In general, imports recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 148%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

The Netherlands (X units), Germany (X units) and China (X units) were the main suppliers of vacuum pump imports to Belgium, with a combined 80% share of total imports. The Czech Republic, South Korea, Turkey, Japan and the United States lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +131.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of vacuum pumps to Belgium, comprising 42% of total imports. The second position in the ranking was held by South Korea ($X), with a 17% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+94.7% per year) and Germany (+2.6% per year).

Import Prices by Country

The average vacuum pump import price stood at $X per unit in 2022, rising by 1.5% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2021 an increase of 121% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Turkey ($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 (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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