Belgium - Hollow Drill Bars And Rods - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHollow Drill Bar Price in Belgium - 2023
Contents:
- Hollow Drill Bar Price in Belgium (CIF) - 2022
- Hollow Drill Bar Price in Belgium (FOB) - 2022
- Hollow Drill Bar Imports in Belgium
- Hollow Drill Bar Exports in Belgium
Hollow Drill Bar Price in Belgium (CIF) - 2022
In 2022, the average hollow drill bar import price amounted to $3,850 per ton, surging by 4.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 37%. Over the period under review, average import prices reached the maximum at $3,985 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,610 per ton), while the price for the Netherlands ($1,361 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Hollow Drill Bar Price in Belgium (FOB) - 2022
The average hollow drill bar export price stood at $1,822 per ton in 2022, with a decrease of -34.6% against the previous year. Overall, the export price showed a noticeable decrease. The growth pace was the most rapid in 2020 when the average export price increased by 161%. As a result, the export price attained the peak level of $6,048 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -9.7% per year.
Hollow Drill Bar Imports in Belgium
In 2022, purchases abroad of hollow drill bars and rods decreased by -55.3% to 60 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 171%. As a result, imports reached the peak of 265 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, hollow drill bar imports fell significantly to $229K in 2022. Over the period under review, imports showed a pronounced decrease. The pace of growth was the most pronounced in 2020 when imports increased by 180% against the previous year. As a result, imports attained the peak of $715K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Hollow Drill Bar in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 21.2 | 14.0 | 161 | 175.6% |
| France | 8.7 | 25.2 | 8.4 | 47.2 | 75.7% |
| Germany | 127 | 0.2 | N/A | 19.8 | -46.2% |
| United States | 102 | 187 | 151 | N/A | 21.7% |
| Italy | N/A | 36.5 | N/A | N/A | 0% |
| Netherlands | 15.0 | 422 | 310 | N/A | 354.6% |
| Others | 2.3 | 23.3 | 8.9 | 0.8 | -29.7% |
| Total | 255 | 715 | 493 | 229 | -3.5% |
Top Suppliers of Hollow Drill Bar to Belgium in 2022:
- Netherlands (undefined tons)
- Italy (undefined tons)
- China (44.0 tons)
- France (11.2 tons)
- Germany (4.3 tons)
Hollow Drill Bar Exports in Belgium
In 2022, shipments abroad of hollow drill bars and rods was finally on the rise to reach 17 tons after two years of decline. Over the period under review, exports, however, showed a precipitous decrease.
In value terms, hollow drill bar exports surged to $31K in 2022. In general, exports, however, showed a precipitous shrinkage.
| Export of Hollow Drill Bar in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 29.7 | 0% |
| Italy | 91.8 | 9.8 | N/A | N/A | -89.3% |
| Israel | N/A | 33.0 | N/A | N/A | 0% |
| Others | 0.9 | 15.5 | 3.2 | 1.0 | 3.6% |
| Total | 92.7 | 58.3 | 3.2 | 30.8 | -30.7% |
Top Export Markets for Hollow Drill Bar from Belgium in 2022:
- France (16.8 tons)
This report provides an in-depth analysis of the hollow drill bar 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 24106700 - Hollow drill bars and rods
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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