Belgium: Television Receiver Market 2024

Television Receiver Market Size in Belgium

In 2022, after two years of growth, there was significant decline in the Belgian television receiver market, when its value decreased by X% to $X. In general, consumption, however, showed a noticeable decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Television Receiver Production in Belgium

In value terms, television receiver production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Television receiver production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Television Receiver Exports

Exports from Belgium

In 2022, television receiver exports from Belgium expanded notably to X units, increasing by X% compared with the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, television receiver exports plummeted to $X in 2022. Overall, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), France (X units) and Luxembourg (X units) were the main destinations of television receiver exports from Belgium, together comprising X% of total exports. Italy, the Netherlands, Poland and Nigeria lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the largest markets for television receiver exported from Belgium worldwide, with a combined X% share of total exports. Luxembourg, Italy, Poland and Nigeria lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Nigeria, with a CAGR of X%, 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 television receiver export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 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 Netherlands ($X per unit), while the average price for exports to Nigeria ($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 France (X%), while the prices for the other major destinations experienced a decline.

Television Receiver Imports

Imports into Belgium

In 2022, the amount of television receivers imported into Belgium rose modestly to X units, surging by X% on 2021 figures. In general, imports recorded a perceptible increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, television receiver imports fell notably to $X in 2022. Over the period under review, imports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

France (X units), the Netherlands (X units) and China (X units) were the main suppliers of television receiver imports to Belgium, with a combined X% share of total imports. Poland, Germany, Turkey and Thailand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of television receivers to Belgium, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average television receiver import price amounted to $X per unit, falling by X% against the previous year. In general, the import price showed a pronounced downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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