Report Update: Apr 1, 2024

Belgium - Invalid Carriages Motorised Or Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights

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Motorised Invalid Carriage Price in Belgium - 2023

Motorised Invalid Carriage Price in Belgium (CIF) - 2022

The average motorised invalid carriage import price stood at $261 per unit in 2022, with a decrease of -13.6% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 32%. Over the period under review, average import prices hit record highs at $2,282 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 ($1,670 per unit), while the price for Sweden ($77 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Motorised Invalid Carriage Price in Belgium (FOB) - 2022

In 2022, the average motorised invalid carriage export price amounted to $73 per unit, falling by -9.6% against the previous year. In general, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 55% against the previous year. As a result, the export price attained the peak level of $885 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($147 per unit), while the average price for exports to Spain ($34 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 Morocco (+44.2%), while the prices for the other major destinations experienced a decline.

Motorised Invalid Carriage Imports in Belgium

For the fourth year in a row, Belgium recorded growth in supplies from abroad of invalid carriages motorised or mechanically propelled, which increased by 29% to 86K units in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 141% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, motorised invalid carriage imports rose rapidly to $23M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 55%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Motorised Invalid Carriage in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	8.0	7.5	8.8	10.3	8.8%
United Kingdom	N/A	0.1	3.9	4.7	585.6%
Germany	0.7	1.0	1.3	2.0	41.9%
Sweden	0.4	1.0	1.6	1.4	51.8%
China	0.5	1.1	1.6	1.1	30.1%
Denmark	0.6	0.6	0.9	0.9	14.5%
Poland	1.0	0.8	0.9	0.8	-7.2%
Spain	0.1	0.3	0.3	0.5	71.0%
Others	0.2	0.6	0.9	0.9	65.1%
Total	11.6	13.0	20.2	22.5	24.7%

Top Suppliers of Motorised Invalid Carriage to Belgium in 2022:

United Kingdom (47.3K units)
Sweden (18.2K units)
Netherlands (6.7K units)
Denmark (4.4K units)
Spain (4.4K units)
China (1.6K units)
Germany (1.2K units)
Poland (0.7K units)

Motorised Invalid Carriage Exports in Belgium

In 2022, approx. 74K units of invalid carriages motorised or mechanically propelled were exported from Belgium; with an increase of 16% against 2021 figures. The total export volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, motorised invalid carriage exports expanded sharply to $5.3M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Motorised Invalid Carriage in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1,766	1,813	2,647	2,875	17.6%
Netherlands	458	365	511	961	28.0%
Poland	335	364	297	451	10.4%
Germany	157	483	605	328	27.8%
Spain	30.8	19.9	58.6	45.6	14.0%
Morocco	2.7	N/A	80.1	40.0	145.6%
China	87.6	19.2	N/A	N/A	-78.1%
Others	531	713	878	638	6.3%
Total	3,368	3,778	5,077	5,339	16.6%

Top Export Markets for Motorised Invalid Carriage from Belgium in 2022:

France (47.2K units)
Netherlands (14.5K units)
Poland (4.9K units)
Germany (2.2K units)
Spain (1.3K units)
Morocco (1.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motorised invalid carriage 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 30922090 - Invalid carriages motorised or mechanically propelled

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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