Belgium - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPacemaker Price in Belgium - 2023
Contents:
- Pacemaker Price in Belgium (FOB) - 2023
- Pacemaker Price in Belgium (CIF) - 2023
- Pacemaker Exports in Belgium
- Pacemaker Imports in Belgium
Pacemaker Price in Belgium (FOB) - 2023
The average pacemaker export price stood at $7,817 per unit in August 2023, surging by 55% against the previous month. Over the period under review, export price indicated tangible growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, pacemaker export price increased by +81.9% against June 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 85% month-to-month. Over the period under review, the average export prices reached the peak figure at $8,273 per unit in May 2023; afterwards, it flattened through to August 2023.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was France ($21,357 per unit), while the average price for exports to Egypt ($1,426 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 Japan (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Pacemaker Price in Belgium (CIF) - 2023
The average pacemaker import price stood at $10,684 per unit in August 2023, picking up by 13% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in February 2023 an increase of 18% month-to-month. The import price peaked at $10,862 per unit in June 2023; afterwards, it flattened through to August 2023.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($12,761 per unit), while the price for Malaysia ($9,193 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 (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Pacemaker Exports in Belgium
In 2022, exports of pacemakers for stimulating heart muscles (excl. parts and accessories) from Belgium reached 327K units, approximately equating 2021 figures. The total export volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, pacemaker exports reduced slightly to $676M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 20%. As a result, the exports reached the peak of $680M, leveling off in the following year.
| Export of Pacemaker in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 67.8 | 73.9 | 73.7 | 67.0 | -0.4% |
| Japan | 22.4 | 42.1 | 55.6 | 63.0 | 41.2% |
| Italy | 50.8 | 55.7 | 63.2 | 59.5 | 5.4% |
| China | 36.8 | 44.7 | 90.9 | 55.0 | 14.3% |
| United Kingdom | 44.6 | 36.2 | 42.9 | 47.6 | 2.2% |
| Germany | 57.9 | 56.5 | 55.9 | 46.1 | -7.3% |
| Spain | 32.0 | 34.2 | 39.7 | 42.4 | 9.8% |
| Canada | 7.7 | 11.4 | 18.3 | 17.5 | 31.5% |
| Iran | 7.1 | 3.3 | 9.5 | 15.4 | 29.4% |
| India | 20.5 | 13.5 | 12.6 | 12.6 | -15.0% |
| Poland | 7.2 | 7.4 | 9.1 | 9.9 | 11.2% |
| Mexico | 4.2 | 5.6 | 5.7 | 5.3 | 8.1% |
| Serbia | 1.4 | 1.6 | 1.6 | 2.6 | 22.9% |
| Others | 174 | 180 | 201 | 232 | 10.1% |
| Total | 534 | 566 | 680 | 676 | 8.2% |
Top Export Markets for Pacemaker from Belgium in 2022:
- China (35.1K units)
- Germany (29.3K units)
- Italy (20.1K units)
- France (19.7K units)
- United Kingdom (17.1K units)
- Japan (16.8K units)
- India (13.8K units)
- Spain (13.3K units)
- Serbia (9.6K units)
- Iran (9.3K units)
- Canada (9.0K units)
- Poland (8.7K units)
- Mexico (8.4K units)
Pacemaker Imports in Belgium
In 2022, after two years of decline, there was growth in purchases abroad of pacemakers for stimulating heart muscles (excl. parts and accessories), when their volume increased by 2.8% to 280K units. Over the period under review, imports, however, showed a deep setback. Over the period under review, imports hit record highs at 332K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, pacemaker imports rose sharply to $486M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pacemaker in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 275 | 251 | 251 | 219 | -7.3% |
| United States | 142 | 138 | 114 | 204 | 12.8% |
| Netherlands | 19.2 | 22.7 | 24.4 | 22.3 | 5.1% |
| Germany | 14.6 | 16.5 | 19.0 | 20.2 | 11.4% |
| Costa Rica | 0.3 | 0.2 | 3.3 | 6.5 | 178.8% |
| Others | 1.8 | 28.0 | 20.7 | 13.6 | 96.2% |
| Total | 453 | 456 | 433 | 486 | 2.4% |
Top Suppliers of Pacemaker to Belgium in 2022:
- Malaysia (166.7K units)
- United States (84.6K units)
- Netherlands (7.6K units)
- Germany (7.4K units)
- Costa Rica (7.1K units)
This report provides an in-depth analysis of the pacemaker 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 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)
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
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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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