Report Update: May 1, 2024

Belgium - Endless Bands For Machinery, Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights

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Endless Machinery Band Price in Belgium - 2023

Endless Machinery Band Price in Belgium (FOB) - 2023

In August 2023, the average endless machinery band export price amounted to $39.5 per square meter, shrinking by -24.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 60% month-to-month. Over the period under review, the average export prices reached the maximum at $55.0 per square meter in September 2022; however, from October 2022 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Poland ($316 per square meter), while the average price for exports to Italy ($20.8 per square meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Endless Machinery Band Price in Belgium (CIF) - 2023

In August 2023, the average endless machinery band import price amounted to $24.3 per square meter, shrinking by -27.8% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 95% against the previous month. As a result, import price reached the peak level of $33.7 per square meter, and then fell remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($34.2 per square meter), while the price for the Netherlands ($22.7 per square meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.

Endless Machinery Band Exports in Belgium

For the fourth year in a row, Belgium recorded growth in shipments abroad of endless bands for machinery, of stainless steel, which increased by 18% to 59K square meters in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, endless machinery band exports declined modestly to $3.6M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of $3.7M, and then contracted modestly in the following year.

Export of Endless Machinery Band in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	966	620	1,073	845	-4.4%
Italy	88.9	57.6	78.4	637	92.8%
Poland	208	182	306	408	25.2%
United States	415	478	509	382	-2.7%
China	218	233	468	378	20.1%
France	75.6	59.2	107	155	27.0%
India	56.9	63.2	119	115	26.4%
Brazil	96.4	82.2	124	54.3	-17.4%
Cameroon	N/A	N/A	5.8	N/A	0%
Moldova	N/A	23.2	N/A	N/A	0%
Others	672	662	886	587	-4.4%
Total	2,797	2,461	3,677	3,562	8.4%

Top Export Markets for Endless Machinery Band from Belgium in 2022:

Germany (27.8K square meters)
Italy (8.6K square meters)
Poland (5.8K square meters)
China (4.3K square meters)
France (2.8K square meters)
United States (1.9K square meters)
India (1.8K square meters)
Brazil (1.1K square meters)

Endless Machinery Band Imports in Belgium

In 2022, the amount of endless bands for machinery, of stainless steel imported into Belgium expanded remarkably to 177K square meters, increasing by 10% compared with the previous year. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 169%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, endless machinery band imports dropped to $2.4M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Over the period under review, imports hit record highs at $2.7M in 2021, and then reduced in the following year.

Import of Endless Machinery Band in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	12.3	1.2	6.5	1,403	385.0%
Netherlands	365	837	1,009	515	12.2%
United Kingdom	10.3	36.9	206	180	159.5%
Japan	122	277	242	147	6.4%
Germany	1,073	895	1,051	48.6	-64.4%
United States	30.6	1.7	89.2	33.5	3.1%
France	4.7	6.1	30.0	19.3	60.1%
Others	4.2	76.0	44.0	9.2	29.9%
Total	1,621	2,130	2,678	2,355	13.3%

Top Suppliers of Endless Machinery Band to Belgium in 2022:

China (118.0K square meters)
Netherlands (33.2K square meters)
Japan (7.8K square meters)
United Kingdom (7.0K square meters)
France (3.5K square meters)
United States (2.9K square meters)
Germany (1.2K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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