Belgium - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belgium - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights

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Circuit Breaker Price in Belgium - 2023

Contents:

  1. Circuit Breaker Price in Belgium (CIF) - 2022
  2. Circuit Breaker Price in Belgium (FOB) - 2022
  3. Circuit Breaker Imports in Belgium
  4. Circuit Breaker Exports in Belgium

Circuit Breaker Price in Belgium (CIF) - 2022

In 2022, the average circuit breaker import price amounted to $19 per unit, rising by 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The most prominent rate of growth was recorded in 2013 an increase of 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 China ($36 per unit), while the price for Hungary ($9.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Circuit Breaker Price in Belgium (FOB) - 2022

The average circuit breaker export price stood at $13 per unit in 2022, dropping by -13.7% against the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 40%. The export price peaked at $35 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($33 per unit), while the average price for exports to Luxembourg ($2.8 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 Angola (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Circuit Breaker Imports in Belgium

In 2022, the amount of automatic circuit breakers imported into Belgium declined to 4.3M units, shrinking by -12.9% on 2021 figures. Overall, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 3.9% against the previous year. As a result, imports reached the peak of 4.9M units, and then declined in the following year.

In value terms, circuit breaker imports contracted to $80M in 2022. In general, imports showed a mild setback. The pace of growth was the most pronounced in 2021 when imports increased by 3.6%. As a result, imports attained the peak of $85M, and then reduced in the following year.

Import of Circuit Breaker in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands22.823.032.731.010.8%
France8.414.021.018.931.0%
Germany12.010.79.67.2-15.7%
Czech Republic4.34.54.55.37.2%
Sweden0.20.10.15.0192.4%
Austria3.23.44.74.814.5%
Hungary17.710.51.00.3-74.3%
Others15.515.511.27.2-22.6%
Total84.081.784.779.6-1.8%

Top Suppliers of Circuit Breaker to Belgium in 2022:

  1. Netherlands (1739.2K units)
  2. France (1455.6K units)
  3. Germany (253.5K units)
  4. Czech Republic (214.5K units)
  5. Sweden (191.3K units)
  6. Austria (154.1K units)
  7. Hungary (35.0K units)

Circuit Breaker Exports in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of automatic circuit breakers, when their volume decreased by -28.8% to 754K units. Overall, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 60% against the previous year. Over the period under review, the exports attained the maximum at 1.1M units in 2021, and then contracted notably in the following year.

In value terms, circuit breaker exports reduced sharply to $9.6M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $16M, and then dropped notably in the following year.

Export of Circuit Breaker in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2,0482,8202,8512,1181.1%
France1,6311,9221,8501,287-7.6%
Denmark1,2471,011993668-18.8%
Luxembourg6006167386432.3%
Germany745456295462-14.7%
Cameroon90.219832941666.5%
Romania3235055223320.9%
Israel3.554.4203287334.4%
United Kingdom1,611731479275-44.5%
Democratic Republic of the Congo2141751402251.7%
Benin23.42.027.3223112.0%
United Arab Emirates80.421.054769.1-4.9%
Others3,4274,0926,6922,631-8.4%
Total12,04212,60215,6679,635-7.2%

Top Export Markets for Circuit Breaker from Belgium in 2022:

  1. Luxembourg (233.0K units)
  2. Romania (109.3K units)
  3. Cameroon (69.6K units)
  4. Netherlands (65.8K units)
  5. Israel (42.5K units)
  6. France (38.4K units)
  7. Germany (28.1K units)
  8. Benin (21.3K units)
  9. Democratic Republic of the Congo (16.5K units)
  10. United Arab Emirates (14.2K units)
  11. United Kingdom (7.8K units)
  12. Denmark (6.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the circuit breaker market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27121020 - Automatic circuit breakers
  • Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
  • Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
  • Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Automatic Circuit Breakers - Belgium