Belgium - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belgium - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Lifting Equipment Price in Belgium - 2023

Contents:

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

Lifting Equipment Price in Belgium (FOB) - 2022

The average lifting equipment export price stood at $31,357 per unit in 2022, increasing by 8.7% against the previous year. Overall, the export price recorded a notable expansion. The pace of growth appeared the most rapid in 2017 an increase of 176% against the previous year. Over the period under review, the average export prices attained the maximum at $48,843 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($36,390 per unit), while the average price for exports to China ($3,520 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 Gambia (+86.5%), while the prices for the other major destinations experienced more modest paces of growth.

Lifting Equipment Price in Belgium (CIF) - 2022

The average lifting equipment import price stood at $3,729 per unit in 2022, with a decrease of -6.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 an increase of 34%. The import price peaked at $10,838 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,128 per unit), while the price for Austria ($964 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Lifting Equipment Exports in Belgium

In 2022, shipments abroad of lifting equipment decreased by -42.2% to 1.4K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 400% against the previous year. As a result, the exports attained the peak of 2.5K units, and then reduced notably in the following year.

In value terms, lifting equipment exports fell dramatically to $45M in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 245% against the previous year. As a result, the exports reached the peak of $71M, and then contracted dramatically in the following year.

Export of Lifting Equipment in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.11.11.513.9418.0%
Germany4.35.311.05.58.6%
Netherlands2.82.211.52.6-2.4%
Egypt0.11.20.72.3184.4%
PolandN/AN/AN/A1.10%
South KoreaN/A1.88.31.1-21.8%
SudanN/AN/A1.00.9-10.0%
BrazilN/AN/AN/A0.80%
CongoN/AN/AN/A0.80%
South Africa0.82.0N/A0.6-9.1%
ChinaN/AN/A3.7N/A0%
Sweden3.40.81.8N/A-27.2%
Others3.86.131.214.957.7%
Total15.320.570.844.542.7%

Top Export Markets for Lifting Equipment from Belgium in 2022:

  1. United States (388.0 units)
  2. Brazil (205.0 units)
  3. Germany (186.0 units)
  4. Egypt (81.0 units)
  5. Netherlands (72.0 units)
  6. Congo (69.0 units)
  7. South Korea (48.0 units)
  8. Poland (35.0 units)
  9. Sudan (28.0 units)
  10. South Africa (24.0 units)
  11. Sweden (1.0 units)
  12. China (1.0 units)

Lifting Equipment Imports in Belgium

In 2022, the amount of lifting equipment imported into Belgium fell markedly to 5K units, with a decrease of -69.6% compared with the year before. Over the period under review, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 499% against the previous year. As a result, imports reached the peak of 17K units, and then fell sharply in the following year.

In value terms, lifting equipment imports declined remarkably to $19M in 2022. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 374% against the previous year. As a result, imports attained the peak of $66M, and then fell notably in the following year.

Import of Lifting Equipment in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada3.9N/AN/A6.719.8%
Netherlands0.33.72.84.7150.2%
Germany1.74.122.51.3-8.6%
Poland0.1N/AN/A0.8100.0%
Austria0.92.8N/A0.7-8.0%
JapanN/AN/A1.10.5-54.5%
DenmarkN/AN/AN/A0.30%
KazakhstanN/AN/A30.3N/A0%
IrelandN/AN/A2.4N/A0%
Others4.53.26.53.7-6.3%
Total11.313.865.618.818.5%

Top Suppliers of Lifting Equipment to Belgium in 2022:

  1. Canada (2186.0 units)
  2. Austria (758.0 units)
  3. Netherlands (663.0 units)
  4. Poland (251.0 units)
  5. Germany (248.0 units)
  6. Denmark (217.0 units)
  7. Japan (167.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lifting equipment 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 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

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: Lifting Equipment - Belgium