Belgium - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Belgium - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and Hoist Price in Belgium - 2023

Contents:

  1. Lift and Hoist Price in Belgium (CIF) - 2022
  2. Lift and Hoist Price in Belgium (FOB) - 2022
  3. Lift and Hoist Imports in Belgium
  4. Lift and Hoist Exports in Belgium

Lift and Hoist Price in Belgium (CIF) - 2022

In 2022, the average lift and hoist import price amounted to $18,987 per unit, increasing by 6.1% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2014 an increase of 9%. As a result, import price attained the peak level of $25,733 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($19,247 per unit) and Hungary ($19,079 per unit), while the price for France ($18,963 per unit) and the Netherlands ($18,994 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+39.9%), while the prices for the other major suppliers experienced a decline.

Lift and Hoist Price in Belgium (FOB) - 2022

The average lift and hoist export price stood at $17,136 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price showed a noticeable descent. The growth pace was the most rapid in 2015 when the average export price increased by 18%. As a result, the export price reached the peak level of $23,468 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Portugal ($17,301 per unit) and Spain ($17,258 per unit), while the average price for exports to Vietnam ($17,153 per unit) and China ($17,201 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-2.1%), while the prices for the other major destinations experienced a decline.

Lift and Hoist Imports in Belgium

In 2022, overseas purchases of lifts and hoists decreased by -40.8% to 3.8K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 8.7% against the previous year. As a result, imports reached the peak of 6.7K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, lift and hoist imports fell significantly to $72M in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 7.1%. As a result, imports attained the peak of $122M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Lift and Hoist in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany24.122.129.017.5-10.1%
Finland40.745.142.016.4-26.1%
Netherlands12.016.322.613.02.7%
SlovakiaN/A4.35.410.556.3%
France4.212.82.73.5-5.9%
Italy6.65.94.83.4-19.8%
HungaryN/AN/AN/A1.80%
United States6.80.11.41.6-38.3%
Spain7.76.71.81.1-47.7%
United Kingdom3.91.70.80.4-53.2%
Others7.46.54.43.0-26.0%
Total11412211572.2-14.1%

Top Suppliers of Lift and Hoist to Belgium in 2022:

  1. Germany (921.0 units)
  2. Finland (862.0 units)
  3. Netherlands (684.0 units)
  4. Slovakia (554.0 units)
  5. France (185.0 units)
  6. Italy (178.0 units)
  7. Hungary (94.0 units)
  8. United States (86.0 units)
  9. Spain (56.0 units)
  10. United Kingdom (20.0 units)

Lift and Hoist Exports in Belgium

In 2022, overseas shipments of lifts and hoists decreased by -38.3% to 2.4K units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 41%. As a result, the exports attained the peak of 4.6K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, lift and hoist exports fell notably to $42M in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. Over the period under review, the exports reached the maximum at $69M in 2021, and then declined markedly in the following year.

Export of Lift and Hoist in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.814.613.79.110.2%
Netherlands3.24.17.65.519.8%
France8.04.84.84.1-20.0%
Spain8.410.810.74.0-21.9%
Finland3.76.07.43.1-5.7%
China1.30.70.92.727.6%
Hungary0.90.52.82.336.7%
United States6.06.94.22.3-27.4%
Portugal2.21.72.11.2-18.3%
Vietnam2.84.12.01.1-26.8%
Romania1.11.31.40.6-18.3%
ComorosN/A0.1N/AN/A0%
ZambiaN/A0.1N/AN/A0%
Others12.212.211.15.8-22.0%
Total56.567.868.541.8-9.6%

Top Export Markets for Lift and Hoist from Belgium in 2022:

  1. Germany (527.0 units)
  2. Netherlands (319.0 units)
  3. France (236.0 units)
  4. Spain (233.0 units)
  5. Finland (181.0 units)
  6. China (157.0 units)
  7. United States (134.0 units)
  8. Hungary (132.0 units)
  9. Portugal (70.0 units)
  10. Vietnam (64.0 units)
  11. Romania (35.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

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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