Report Update: May 1, 2024

Belgium - Pumps For Liquids And Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights

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Pump for Liquid Price in Belgium - 2023

Pump for Liquid Price in Belgium (CIF) - 2022

The average pump for liquid import price stood at $14 per unit in 2022, increasing by 7.9% against the previous year. Overall, the import price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of 54%. The import price peaked at $76 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($49 per unit), while the price for Hong Kong SAR ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.1%), while the prices for the other major suppliers experienced a decline.

Pump for Liquid Price in Belgium (FOB) - 2023

The average pump for liquid export price stood at $23.8 per unit in July 2023, increasing by 16% against the previous month. Over the period under review, export price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, pump for liquid export price decreased by -12.3% against April 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 31% against the previous month. Over the period under review, the average export prices reached the peak figure at $27.1 per unit in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($45.7 per unit), while the average price for exports to the UK ($6.4 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pump for Liquid Imports in Belgium

In 2022, overseas purchases of pumps for liquids and liquid elevators decreased by -10.3% to 67M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 92%. Over the period under review, imports reached the peak figure at 75M units in 2021, and then reduced in the following year.

In value terms, pump for liquid imports reduced modestly to $949M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. Imports peaked at $980M in 2021, and then dropped in the following year.

Import of Pump for Liquid in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	184	227	269	256	11.6%
Netherlands	89.4	98.8	121	103	4.8%
France	57.4	78.0	117	94.3	18.0%
United States	53.7	67.9	78.3	90.2	18.9%
China	24.5	52.7	58.3	59.5	34.4%
Japan	23.9	39.7	52.3	50.8	28.6%
Romania	20.5	17.9	34.2	41.0	26.0%
Italy	23.2	27.4	36.8	31.9	11.2%
United Kingdom	24.8	43.9	18.8	19.1	-8.3%
Sweden	17.6	21.5	16.1	14.8	-5.6%
Hong Kong SAR	0.1	0.1	0.4	0.6	81.7%
Others	132	159	178	188	12.5%
Total	651	834	980	949	13.4%

Top Suppliers of Pump for Liquid to Belgium in 2022:

China (16.0M units)
Germany (12.3M units)
France (10.4M units)
Netherlands (8.1M units)
United Kingdom (3.8M units)
Italy (2.8M units)
Japan (1.9M units)
United States (1.8M units)
Hong Kong SAR (1.8M units)
Romania (1.7M units)
Sweden (1.1M units)

Pump for Liquid Exports in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas shipments of pumps for liquids and liquid elevators, which increased by 4.7% to 24M units in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 299% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, pump for liquid exports reduced to $730M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 58% against the previous year. The exports peaked at $772M in 2021, and then shrank in the following year.

Export of Pump for Liquid in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	51.6	78.8	89.6	81.9	16.6%
Germany	39.7	71.2	81.7	75.3	23.8%
Netherlands	45.5	60.7	66.1	72.9	17.0%
United States	13.4	33.3	42.5	46.7	51.6%
Brazil	14.1	30.2	37.7	44.6	46.8%
United Kingdom	28.7	35.9	48.0	36.1	7.9%
Spain	21.7	28.8	35.4	33.7	15.8%
Italy	20.9	24.6	32.4	29.8	12.6%
Sweden	8.8	21.5	32.6	27.7	46.6%
Poland	13.5	19.4	23.8	23.7	20.6%
Turkey	3.8	13.3	15.8	19.2	71.6%
Finland	6.2	9.1	11.0	9.2	14.1%
Portugal	4.7	5.0	5.9	5.9	7.9%
Others	136	211	250	223	17.9%
Total	408	643	772	730	21.4%

Top Export Markets for Pump for Liquid from Belgium in 2022:

France (5.0M units)
Netherlands (2.1M units)
Germany (2.0M units)
Brazil (1.6M units)
Poland (1.6M units)
Italy (1.5M units)
United States (1.3M units)
United Kingdom (1.1M units)
Spain (0.9M units)
Sweden (0.8M units)
Turkey (0.6M units)
Portugal (0.4M units)
Finland (0.4M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pump for liquid 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 28121320 - Hydraulic pumps (radial piston)
Prodcom 28121350 - Hydraulic pumps (gear)
Prodcom 28121380 - Hydraulic pumps (vane)
Prodcom 28121530 - Hydraulic pumps (axial piston)
Prodcom 28121580 - Hydraulic pumps (excluding axial, radial, gear, vane)
Prodcom 28131105 - Petrol and oil dispensing pumps, unit
Prodcom 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
Prodcom 28131145 - Positive displacement pumps, hand pumps
Prodcom 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
Prodcom 28131185 - Concrete pumps
Prodcom 28131220 - Positive displacement reciprocating pumps, dosing and proportioning
Prodcom 28131250 - In-line reciprocating piston pumps
Prodcom 28131280 - Positive displacement reciprocating pumps, diaphragm
Prodcom 28131320 - Positive displacement pumps, rotary, gear
Prodcom 28131340 - Positive displacement pumps, rotary, vane
Prodcom 28131360 - Positive displacement pumps, rotary, screw
Prodcom 28131380 - Positive displacement pumps, rotary (including peristaltic, r otary lobe and helical rotor pumps) (excluding hydraulic units, gear pumps, vane pumps, screw pumps)
Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps
Prodcom 28131480 - Other liquid pumps, liquid elevators

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