Belgium - Medical, Surgical Or Veterinary Furniture - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belgium - Medical, Surgical Or Veterinary Furniture - Market Analysis, Forecast, Size, Trends And Insights

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Medical Furniture Price in Belgium - 2023

Contents:

  1. Medical Furniture Price in Belgium (CIF) - 2023
  2. Medical Furniture Price in Belgium (FOB) - 2022
  3. Medical Furniture Imports in Belgium
  4. Medical Furniture Exports in Belgium

Medical Furniture Price in Belgium (CIF) - 2023

The average medical furniture import price stood at $29.8 per unit in August 2023, dropping by -30.4% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 42% month-to-month. As a result, import price attained the peak level of $42.9 per unit, and then reduced markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($50.8 per unit), while the price for China ($7.6 per unit) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Medical Furniture Price in Belgium (FOB) - 2022

The average medical furniture export price stood at $31 per unit in 2022, with an increase of 13% against the previous year. In general, the export price posted resilient growth. The pace of growth was the most pronounced in 2018 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($75 per unit), while the average price for exports to Congo ($6.8 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 Kuwait (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Furniture Imports in Belgium

In 2022, the amount of medical, surgical or veterinary furniture imported into Belgium dropped significantly to 2.3M units, with a decrease of -26.1% against the previous year. In general, imports showed a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of 3.1M units, and then fell markedly in the following year.

In value terms, medical furniture imports shrank to $58M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 33%. Over the period under review, imports reached the maximum at $63M in 2021, and then dropped in the following year.

Import of Medical Furniture in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.49.58.710.935.3%
Germany14.110.110.39.0-13.9%
France6.07.610.88.211.0%
China1.43.16.76.970.2%
United States1.78.410.26.758.0%
Romania6.16.76.25.7-2.2%
Poland0.81.32.12.851.8%
United Kingdom0.60.72.01.946.8%
Czech Republic2.32.60.51.8-7.8%
Italy1.91.71.71.4-9.7%
Others3.55.44.12.9-6.1%
Total42.957.363.358.210.7%

Top Suppliers of Medical Furniture to Belgium in 2022:

  1. China (665.2K units)
  2. Germany (359.7K units)
  3. France (332.6K units)
  4. Poland (243.9K units)
  5. Netherlands (243.6K units)
  6. United States (128.8K units)
  7. United Kingdom (66.2K units)
  8. Romania (52.5K units)
  9. Czech Republic (51.7K units)
  10. Italy (35.0K units)

Medical Furniture Exports in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of medical, surgical or veterinary furniture, when their volume decreased by -22.8% to 1.1M units. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 86% against the previous year. The exports peaked at 1.5M units in 2021, and then declined markedly in the following year.

In value terms, medical furniture exports declined to $35M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year. The exports peaked at $40M in 2021, and then contracted in the following year.

Export of Medical Furniture in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.85.75.95.424.5%
France2.38.47.14.928.7%
Kuwait0.20.30.44.5182.3%
Netherlands1.92.22.72.36.6%
Romania1.83.12.11.91.8%
United Kingdom0.52.31.71.337.5%
Spain1.10.81.31.22.9%
SwitzerlandN/A0.20.81.0123.6%
Italy0.40.90.80.720.5%
Austria0.30.60.60.732.6%
Norway0.10.30.40.681.7%
Democratic Republic of the Congo0.30.10.30.30.0%
CongoN/AN/AN/A0.30%
Others8.613.215.79.74.1%
Total20.238.139.834.819.9%

Top Export Markets for Medical Furniture from Belgium in 2022:

  1. France (236.2K units)
  2. Germany (183.3K units)
  3. Romania (75.2K units)
  4. Netherlands (69.3K units)
  5. Kuwait (60.0K units)
  6. United Kingdom (41.1K units)
  7. Congo (37.2K units)
  8. Switzerland (33.9K units)
  9. Spain (33.7K units)
  10. Democratic Republic of the Congo (20.5K units)
  11. Austria (20.4K units)
  12. Norway (20.0K units)
  13. Italy (19.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical furniture 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 32503050 - Medical, surgical or veterinary furniture, and parts thereof (excluding tables and seats specialised for X-ray purposes)

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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