Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $682 per unit in 2022, with an increase of 1.6% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 484%. Over the period under review, average import prices hit record highs at $1,754 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($2,950 per unit), while the price for France ($196 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+42.4%), while the prices for the other major suppliers experienced a decline.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $1,213 per unit in 2022, increasing by 16% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 278%. The export price peaked at $2,117 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($1,537 per unit), while the average price for exports to Germany ($326 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 Luxembourg (+144.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium

Imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses into Belgium contracted rapidly to 910 units in 2022, with a decrease of -61.6% against the previous year's figure. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 973% against the previous year. As a result, imports attained the peak of 2.4K units, and then contracted dramatically in the following year.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses declined markedly to $621K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 6,161%. As a result, imports reached the peak of $1.6M, and then dropped markedly in the following year.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Belgium in 2022:

1. France (568.0 units)
2. Switzerland (219.0 units)
3. Czech Republic (49.0 units)
4. Portugal (37.0 units)
5. Netherlands (27.0 units)
6. Italy (3.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Belgium

In 2022, shipments abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses decreased by -75% to 395 units, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 91,000% against the previous year. As a result, the exports reached the peak of 1.8K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses reduced remarkably to $479K in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 116,640%. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Belgium in 2022:

1. France (334.0 units)
2. Germany (53.0 units)
3. Luxembourg (7.0 units)

Source: IndexBox Market Intelligence Platform