Belgium - Network Communications Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNetwork Communications Equipment Price in Belgium - 2023
Contents:
- Network Communications Equipment Price in Belgium (CIF) - 2023
- Network Communications Equipment Price in Belgium (FOB) - 2023
- Network Communications Equipment Imports in Belgium
- Network Communications Equipment Exports in Belgium
Network Communications Equipment Price in Belgium (CIF) - 2023
In August 2023, the average network communications equipment import price amounted to $298 per unit, jumping by 87% against the previous month. Overall, the import price recorded a perceptible expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($2,159 per unit), while the price for France ($72.0 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Network Communications Equipment Price in Belgium (FOB) - 2023
In August 2023, the average network communications equipment export price amounted to $208 per unit, jumping by 75% against the previous month. In general, export price indicated a temperate increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, network communications equipment export price increased by +76.2% against June 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Poland ($337 per unit), while the average price for exports to Germany ($169 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Network Communications Equipment Imports in Belgium
In 2022, after three years of growth, there was significant decline in overseas purchases of network communications equipment, when their volume decreased by -26.2% to 2.7M units. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of 3.7M units, and then shrank rapidly in the following year.
In value terms, network communications equipment imports contracted rapidly to $161M in 2022. In general, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports attained the peak of $234M, and then reduced markedly in the following year.
| Import of Network Communications Equipment in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 117 | 91.2 | 116 | 67.7 | -16.7% |
| China | 4.5 | 3.4 | 14.0 | 18.9 | 61.3% |
| Czech Republic | 23.4 | 22.8 | 23.4 | 18.4 | -7.7% |
| Malaysia | 5.2 | 6.2 | 26.8 | 12.6 | 34.3% |
| Germany | 7.6 | 7.7 | 13.2 | 11.1 | 13.5% |
| United Kingdom | 4.7 | 4.6 | 3.3 | 2.0 | -24.8% |
| Others | 21.8 | 24.9 | 36.9 | 30.3 | 11.6% |
| Total | 184 | 161 | 234 | 161 | -4.4% |
Top Suppliers of Network Communications Equipment to Belgium in 2022:
- China (1082.7K units)
- Netherlands (812.7K units)
- Germany (475.4K units)
- Czech Republic (143.1K units)
- Malaysia (70.9K units)
- United Kingdom (32.6K units)
Network Communications Equipment Exports in Belgium
After three years of growth, shipments abroad of network communications equipment decreased by -19.5% to 1.3M units in 2022. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of 1.7M units, and then shrank significantly in the following year.
In value terms, network communications equipment exports contracted significantly to $95M in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.3% against the previous year. As a result, the exports attained the peak of $123M, and then shrank notably in the following year.
| Export of Network Communications Equipment in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 53.2 | 25.6 | 29.5 | 22.3 | -25.2% |
| Germany | 15.4 | 19.5 | 23.0 | 21.3 | 11.4% |
| France | 11.5 | 16.6 | 17.5 | 13.5 | 5.5% |
| Italy | 3.8 | 4.0 | 7.2 | 5.8 | 15.1% |
| United Kingdom | 9.0 | 14.3 | 2.7 | 3.9 | -24.3% |
| Poland | 1.2 | 1.8 | 2.4 | 1.2 | 0.0% |
| Others | 28.4 | 32.5 | 40.3 | 27.4 | -1.2% |
| Total | 122 | 114 | 123 | 95.3 | -7.9% |
Top Export Markets for Network Communications Equipment from Belgium in 2022:
- Germany (506.7K units)
- France (323.1K units)
- Netherlands (257.7K units)
- Italy (79.4K units)
- Poland (28.2K units)
- United Kingdom (27.7K units)
This report provides an in-depth analysis of the network communications 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 26122000 - Network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- 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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