Report Update: May 1, 2024

Belgium - Semiconductor Devices - Market Analysis, Forecast, Size, Trends And Insights

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Semiconductor Device Price in Belgium - 2021

Semiconductor Device Price in Belgium (CIF) - 2022

In 2022, the average semiconductor device import price amounted to $1.1 per unit, which is down by -2% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2014 an increase of 17% against the previous year. Over the period under review, average import prices reached the maximum at $1.3 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9.1 per unit), while the price for the Netherlands ($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 China (+39.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Semiconductor Device Price in Belgium (FOB) - 2022

In 2022, the average semiconductor device export price amounted to $1.4 per unit, standing approx. at the previous year. In general, the export price recorded a pronounced expansion. The pace of growth appeared the most rapid in 2018 an increase of 189% against the previous year. As a result, the export price attained the peak level of $2.6 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4 per unit), while the average price for exports to Italy ($0.6 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 France (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Device Imports in Belgium

After two years of decline, overseas purchases of semiconductor devices increased by 6.3% to 7.4M units in 2022. Over the period under review, imports, however, recorded a sharp decrease. Over the period under review, imports attained the maximum at 17M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, semiconductor device imports expanded modestly to $8.5M in 2022. In general, imports, however, saw a dramatic setback. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Semiconductor Device in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	11.2	2.7	2.5	3.7	-30.9%
Netherlands	3.0	2.7	1.7	1.7	-17.2%
China	0.5	0.9	1.9	1.2	33.9%
Israel	0.5	N/A	0.4	0.3	-15.7%
Japan	0.7	0.2	0.2	0.3	-24.6%
Philippines	0.6	0.1	0.2	0.2	-30.7%
Others	1.5	2.2	1.2	1.2	-7.2%
Total	18.1	8.8	8.2	8.5	-22.3%

Top Suppliers of Semiconductor Device to Belgium in 2022:

Netherlands (4.9M units)
Israel (0.7M units)
Japan (0.7M units)
Germany (0.4M units)
China (0.2M units)
Philippines (0.1M units)

Semiconductor Device Exports in Belgium

In 2022, shipments abroad of semiconductor devices decreased by -19.6% to 2.1M units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.9% 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 +22.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, the exports reached the peak of 2.6M units, and then reduced rapidly in the following year.

In value terms, semiconductor device exports fell rapidly to $3M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. As a result, the exports reached the peak of $3.7M, and then reduced dramatically in the following year.

Export of Semiconductor Device in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	31.1	29.7	878	631	172.7%
Germany	365	584	634	455	7.6%
France	723	81.7	220	280	-27.1%
Italy	203	322	371	267	9.6%
Poland	80.3	233	365	262	48.3%
Austria	26.7	53.3	259	186	91.0%
Slovakia	17.7	78.1	243	175	114.6%
China	52.4	13.4	158	113	29.2%
United Kingdom	93.8	148	28.6	73.4	-7.8%
United States	54.8	90.6	25.6	46.0	-5.7%
Czech Republic	25.6	83.4	46.2	40.6	16.6%
Spain	57.9	38.7	48.6	38.4	-12.8%
Others	455	523	417	419	-2.7%
Total	2,185	2,279	3,694	2,987	11.0%

Top Export Markets for Semiconductor Device from Belgium in 2022:

Italy (480.8K units)
Poland (415.0K units)
Germany (362.6K units)
Denmark (175.3K units)
Austria (102.7K units)
Slovakia (87.4K units)
China (78.6K units)
France (70.3K units)
Spain (40.2K units)
Czech Republic (35.5K units)
United Kingdom (33.7K units)
United States (31.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the semiconductor device 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 26112260 - Semiconductor devices (excluding photosensitive semiconductor devices, photovoltaic cells, thyristors, diacs and triacs, transistors, diodes, and light-emitting diodes)

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