Belgium - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belgium - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machinery for Material Treatment by Heating or Cooling Process in Belgium - 2023

Contents:

  1. Price for Machinery for Material Treatment by Heating or Cooling Process in Belgium (FOB) - 2022
  2. Price for Machinery for Material Treatment by Heating or Cooling Process in Belgium (CIF) - 2023
  3. Exports of Machinery for Material Treatment by Heating or Cooling Process in Belgium
  4. Imports of Machinery for Material Treatment by Heating or Cooling Process in Belgium

Price for Machinery for Material Treatment by Heating or Cooling Process in Belgium (FOB) - 2022

In 2022, the average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $4,627 per unit, with a decrease of -6.7% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by -6.9% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of 25% against the previous year. The export price peaked at $4,970 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6,478 per unit), while the average price for exports to Iraq ($2,422 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 the Netherlands (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machinery for Material Treatment by Heating or Cooling Process in Belgium (CIF) - 2023

The average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $4,926 per unit in September 2023, shrinking by -17% against the previous month. Overall, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in June 2023 an increase of 111% against the previous month. Over the period under review, average import prices reached the peak figure at $8,807 per unit in January 2023; afterwards, it flattened through to September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($16,906 per unit), while the price for Turkey ($1,107 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machinery for Material Treatment by Heating or Cooling Process in Belgium

In 2022, shipments abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by -21.6% to 31K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 29%. The exports peaked at 39K units in 2021, and then shrank rapidly in the following year.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process declined significantly to $141M in 2022. In general, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.4% 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 when exports increased by 45%. Over the period under review, the exports of attained the peak figure at $193M in 2021, and then shrank markedly in the following year.

Export of Machinery for Material Treatment by Heating or Cooling Process in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/A0.20.114.6754.4%
United Kingdom23.128.113.012.7-18.1%
Germany10.118.625.210.71.9%
France8.214.516.69.86.1%
Netherlands5.56.811.29.720.8%
Saudi Arabia0.94.22.65.178.3%
Romania0.61.81.64.088.2%
Poland5.79.97.43.9-11.9%
Denmark1.92.62.63.623.7%
Russia12.99.58.43.3-36.5%
Qatar0.10.61.22.7200.0%
Iraq0.41.51.12.686.6%
United Arab Emirates2.73.03.12.2-6.6%
Others51.978.499.456.42.8%
Total1241801931414.4%

Top Export Markets for Machinery for Material Treatment by Heating or Cooling Process from Belgium in 2022:

  1. Kenya (3.3K units)
  2. United Kingdom (3.1K units)
  3. Germany (2.9K units)
  4. France (1.7K units)
  5. Netherlands (1.5K units)
  6. Romania (1.3K units)
  7. Russia (1.2K units)
  8. Denmark (1.1K units)
  9. Poland (1.1K units)
  10. Iraq (1.1K units)
  11. Saudi Arabia (1.0K units)
  12. United Arab Emirates (0.9K units)
  13. Qatar (0.7K units)

Imports of Machinery for Material Treatment by Heating or Cooling Process in Belgium

In 2022, purchases abroad of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process decreased by -3% to 15K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 190% against the previous year. As a result, imports attained the peak of 20K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process reduced to $97M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 69% against the previous year. As a result, imports reached the peak of $104M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Machinery for Material Treatment by Heating or Cooling Process in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.02.88.823.367.0%
Germany24.734.735.020.1-6.6%
Poland0.21.34.210.1269.6%
Japan1.912.70.99.671.6%
Netherlands6.28.113.69.113.6%
Italy7.29.75.98.76.5%
United States2.73.22.84.215.9%
France4.23.84.93.7-4.1%
United Kingdom2.82.64.42.7-1.2%
Others6.225.118.56.0-1.1%
Total61.310498.897.516.7%

Top Suppliers of Machinery for Material Treatment by Heating or Cooling Process to Belgium in 2022:

  1. China (5.2K units)
  2. Italy (2.8K units)
  3. Netherlands (2.3K units)
  4. Germany (1.7K units)
  5. Poland (1.0K units)
  6. Japan (0.6K units)
  7. United States (0.5K units)
  8. France (0.3K units)
  9. United Kingdom (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process 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 28296030 - Cooling towers and similar plant for direct cooling by means of recirculated water
  • Prodcom 28296050 - Vacuum-vapour plant for the deposition of metal
  • Prodcom 28296090 - Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature, n.e.c.

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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