Report Update: Apr 1, 2024

Belgium - Vacuum Vessels - Market Analysis, Forecast, Size, Trends And Insights

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Price for Vacuum Flask and Vessel in Belgium - 2023

Price for Vacuum Flask and Vessel in Belgium (CIF) - 2023

The average vacuum flask and vessel import price stood at $8.6 per unit in June 2023, picking up by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in August 2022 an increase of 45% month-to-month. As a result, import price attained the peak level of $9.8 per unit. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($26.3 per unit), while the price for the Netherlands ($7.4 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vacuum Flask and Vessel in Belgium (FOB) - 2022

In 2022, the average vacuum flask and vessel export price amounted to $6 per unit, which is down by -26.3% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum flask and vessel export price decreased by -30.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 75% against the previous year. The export price peaked at $8.7 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($11 per unit), while the average price for exports to Spain ($1.9 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 (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Flask and Vessel in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of vacuum flasks and vessels, when their volume decreased by -59.4% to 3.1M units. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. Imports peaked at 7.5M units in 2021, and then fell remarkably in the following year.

In value terms, vacuum flask and vessel imports declined rapidly to $21M in 2022. Overall, imports showed a pronounced shrinkage. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year. Imports peaked at $45M in 2021, and then declined sharply in the following year.

Import of Vacuum Flask and Vessel in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	8.3	11.2	20.2	9.8	5.7%
Netherlands	4.3	18.0	8.7	3.8	-4.0%
France	5.7	6.5	9.2	3.8	-12.6%
Germany	1.8	3.2	3.8	2.3	8.5%
Others	2.2	3.0	3.2	1.1	-20.6%
Total	22.4	41.8	45.1	20.8	-2.4%

Top Suppliers of Vacuum Flask and Vessel to Belgium in 2022:

China (1635.9K units)
Netherlands (628.7K units)
France (495.8K units)
Germany (176.9K units)

Exports of Vacuum Flask and Vessel in Belgium

After three years of growth, shipments abroad of vacuum flasks and vessels decreased by -66.7% to 1.6M units in 2022. In general, exports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 112%. Over the period under review, the exports attained the maximum at 4.8M units in 2021, and then declined markedly in the following year.

In value terms, vacuum flask and vessel exports fell rapidly to $9.6M in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 128%. The exports peaked at $39M in 2021, and then shrank notably in the following year.

Export of Vacuum Flask and Vessel in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	6.3	16.8	22.5	4.1	-13.3%
Netherlands	2.7	7.2	6.6	2.2	-6.6%
Germany	1.2	2.4	1.7	0.7	-16.4%
Denmark	0.1	N/A	0.4	0.3	44.2%
Poland	0.7	0.7	1.5	0.3	-24.6%
Luxembourg	0.2	0.6	0.8	0.3	14.5%
Russia	0.2	N/A	0.4	0.3	14.5%
Spain	0.3	0.6	0.9	0.2	-12.6%
United Kingdom	0.6	1.2	1.0	0.1	-45.0%
Others	1.8	2.5	3.5	1.2	-12.6%
Total	14.1	32.1	39.1	9.6	-12.0%

Top Export Markets for Vacuum Flask and Vessel from Belgium in 2022:

France (841.1K units)
Netherlands (305.0K units)
Spain (119.3K units)
Germany (106.3K units)
Denmark (38.3K units)
Russia (30.4K units)
Luxembourg (24.2K units)
United Kingdom (19.8K units)
Poland (17.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for vacuum flask and vessel 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 32995960 - Vacuum flasks and other vacuum vessels, complete with cases, and parts thereof (excluding separate glass inners)

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