Belgium - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belgium - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Rock Cutter Price in Belgium - 2023

Contents:

  1. Rock Cutter Price in Belgium (FOB) - 2022
  2. Rock Cutter Price in Belgium (CIF) - 2022
  3. Rock Cutter Exports in Belgium
  4. Rock Cutter Imports in Belgium

Rock Cutter Price in Belgium (FOB) - 2022

The average rock cutter export price stood at $16,423 per unit in 2022, with a decrease of -22.4% against the previous year. Overall, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 381% against the previous year. The export price peaked at $29,634 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($55,722 per unit), while the average price for exports to the Netherlands ($10,252 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 Switzerland (+247.6%), while the prices for the other major destinations experienced more modest paces of growth.

Rock Cutter Price in Belgium (CIF) - 2022

In 2022, the average rock cutter import price amounted to $13,079 per unit, reducing by -33.6% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 190%. As a result, import price attained the peak level of $31,917 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($21,061 per unit), while the price for the Netherlands ($5,569 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+89.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Rock Cutter Exports in Belgium

In 2022, shipments abroad of coal or rock cutters and tunnelling machinery was finally on the rise to reach 244 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a precipitous contraction. Over the period under review, the exports attained the peak figure at 964 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, rock cutter exports surged to $4M in 2022. Overall, exports, however, continue to indicate a sharp descent. Over the period under review, the exports hit record highs at $26M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rock Cutter in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada0.40.10.52.071.0%
United States0.3N/A0.40.944.2%
Netherlands0.30.30.10.518.6%
RomaniaN/AN/AN/A0.20%
Switzerland0.94.41.10.2-39.4%
Chile20.5N/AN/AN/A0%
Israel3.3N/AN/AN/A0%
PeruN/A0.3N/AN/A0%
Others0.90.70.20.1-51.9%
Total26.55.72.34.0-46.8%

Top Export Markets for Rock Cutter from Belgium in 2022:

  1. Canada (127.0 units)
  2. Netherlands (48.0 units)
  3. United States (36.0 units)
  4. Switzerland (13.0 units)
  5. Romania (12.0 units)

Rock Cutter Imports in Belgium

In 2022, approx. 113 units of coal or rock cutters and tunnelling machinery were imported into Belgium; picking up by 11% against 2021. In general, imports, however, saw a precipitous descent. Over the period under review, imports hit record highs at 260 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, rock cutter imports reduced rapidly to $1.5M in 2022. Overall, imports, however, continue to indicate a dramatic downturn. The smallest decline of -25.3% was in 2021. Imports peaked at $6.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Rock Cutter in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/A1184981,126208.9%
MalaysiaN/AN/AN/A2320%
Germany4,0382,41794598.6-71.0%
China29324.3N/AN/A-91.7%
Austria350N/AN/AN/A0%
United States459N/AN/AN/A0%
Poland189N/AN/AN/A0%
United Arab Emirates789N/AN/AN/A0%
Others25512856521.7-56.0%
Total6,3732,6872,0081,478-38.6%

Top Suppliers of Rock Cutter to Belgium in 2022:

  1. Switzerland (93.0 units)
  2. Malaysia (11.0 units)
  3. Germany (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)

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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