Belgium: Wheeled Loader Market 2025

Wheeled Loader Market Size in Belgium

The Belgian wheeled loader market reduced to $X in 2021, dropping by -8.3% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Wheeled loader consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Wheeled Loader Production in Belgium

In value terms, wheeled loader production contracted sharply to $X in 2021 estimated in export price. In general, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 1,770%. Over the period under review, production hit record highs at $X in 2020, and then fell significantly in the following year.

Wheeled Loader Exports

Exports from Belgium

In 2021, overseas shipments of wheeled loaders, crawler shovel loaders, front-end loaders increased by 13% to X units, rising for the fourth consecutive year after four years of decline. Over the period under review, exports recorded a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by 178% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, wheeled loader exports declined to $X in 2021. In general, exports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 52% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil (X units), Germany (X units) and the Netherlands (X units) were the main destinations of wheeled loader exports from Belgium, with a combined 44% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +150.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheeled loader exported from Belgium were Germany ($X), France ($X) and Italy ($X), with a combined 40% share of total exports. These countries were followed by the Netherlands, the UK, Spain, Brazil, Poland, the United States, Hungary, Portugal, Egypt and Denmark, which together accounted for a further 34%.

Brazil, with a CAGR of +85.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wheeled loader export price amounted to $X per unit, with a decrease of -21.9% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 18% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, 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 France ($X per unit), while the average price for exports to Brazil ($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 Hungary (-4.3%), while the prices for the other major destinations experienced a decline.

Wheeled Loader Imports

Imports into Belgium

In 2021, the amount of wheeled loaders, crawler shovel loaders, front-end loaders imported into Belgium soared to X units, picking up by 50% on the previous year. In general, imports saw a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wheeled loader imports rose significantly to $X in 2021. Overall, imports, however, showed a mild downturn. The growth pace was the most rapid in 2017 when imports increased by 40% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), China (X units) and the Netherlands (X units) were the main suppliers of wheeled loader imports to Belgium, together accounting for 58% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +41.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and the United States ($X) constituted the largest wheeled loader suppliers to Belgium, together comprising 58% of total imports.

In terms of the main suppliers, China, with a CAGR of +41.3%, recorded the highest growth rate of 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 wheeled loader import price amounted to $X per unit, which is down by -27.1% against the previous year. Overall, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2017 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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