Belgium - Planes, Chisels And Gouges For Working Wood - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Belgium - Planes, Chisels And Gouges For Working Wood - Market Analysis, Forecast, Size, Trends And Insights

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Gouges and Chisels Price in Belgium - 2023

Contents:

  1. Gouges and Chisels Price in Belgium (CIF) - 2022
  2. Gouges and Chisels Price in Belgium (FOB) - 2023
  3. Gouges and Chisels Imports in Belgium
  4. Gouges and Chisels Exports in Belgium

Gouges and Chisels Price in Belgium (CIF) - 2022

In 2022, the average gouges and chisels import price amounted to $8,923 per ton, growing by 20% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 25% against the previous year. The import price peaked at $10,922 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($13,693 per ton), while the price for China ($6,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Gouges and Chisels Price in Belgium (FOB) - 2023

In July 2023, the average gouges and chisels export price amounted to $13,555 per ton, with a decrease of -2.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in January 2023 an increase of 27% m-o-m. Over the period under review, the average export prices attained the peak figure at $16,157 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Italy ($18,207 per ton), while the average price for exports to the UK ($8,178 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Gouges and Chisels Imports in Belgium

After three years of growth, supplies from abroad of planes, chisels and gouges for working wood decreased by -41.7% to 699 tons in 2022. Overall, imports recorded a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports reached the peak of 1.2K tons, and then reduced remarkably in the following year.

In value terms, gouges and chisels imports plummeted to $6.2M in 2022. In general, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports reached the peak of $8.9M, and then fell notably in the following year.

Import of Gouges and Chisels in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.12.93.82.7-4.5%
United Kingdom1.21.31.81.20.0%
Netherlands0.30.30.40.626.0%
Mexico0.30.70.60.518.6%
India0.10.41.10.458.7%
Germany0.10.20.20.226.0%
Others0.80.61.10.7-4.4%
Total5.86.58.96.22.2%

Top Suppliers of Gouges and Chisels to Belgium in 2022:

  1. China (397.7 tons)
  2. United Kingdom (108.8 tons)
  3. Mexico (50.9 tons)
  4. Netherlands (49.1 tons)
  5. India (49.1 tons)
  6. Germany (15.9 tons)

Gouges and Chisels Exports in Belgium

Gouges and chisels exports from Belgium dropped markedly to 407 tons in 2022, declining by -28.1% compared with the previous year. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.3%.

In value terms, gouges and chisels exports plummeted to $5.1M in 2022. In general, exports recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of $6.9M, and then declined markedly in the following year.

Export of Gouges and Chisels in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,5591,5832,2741,7353.6%
Netherlands7821,0769537930.5%
Spain19933446241928.2%
Italy21627341135718.2%
Poland2614085382984.5%
United Kingdom1,4481,367968298-41.0%
Sweden340348518277-6.6%
Germany352288124195-17.9%
Others51254964877614.9%
Total5,6696,2266,8945,148-3.2%

Top Export Markets for Gouges and Chisels from Belgium in 2022:

  1. France (117.0 tons)
  2. Netherlands (54.4 tons)
  3. Spain (39.9 tons)
  4. United Kingdom (38.5 tons)
  5. Sweden (30.9 tons)
  6. Poland (27.8 tons)
  7. Italy (26.3 tons)
  8. Germany (11.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the gouges and chisels 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 25733057 - Planes, chisels, gouges and similar cutting tools for working wood

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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