Belgium - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingVehicle Radio Price in Belgium - 2023
Contents:
- Vehicle Radio Price in Belgium (CIF) - 2023
- Vehicle Radio Price in Belgium (FOB) - 2023
- Vehicle Radio Imports in Belgium
- Vehicle Radio Exports in Belgium
Vehicle Radio Price in Belgium (CIF) - 2023
The average vehicle radio import price stood at $630 per unit in August 2023, with an increase of 5.6% against the previous month. Overall, the import price enjoyed notable growth. The growth pace was the most rapid in December 2022 an increase of 609% against the previous month. Over the period under review, average import prices hit record highs at $648 per unit in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Portugal ($858 per unit), while the price for China ($263 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Radio Price in Belgium (FOB) - 2023
In August 2023, the average vehicle radio export price amounted to $887 per unit, reducing by -19.3% against the previous month. In general, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in December 2022 an increase of 124% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,407 per unit in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($1,665 per unit), while the average price for exports to Kazakhstan ($185 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Radio Imports in Belgium
After three years of growth, overseas purchases of radio receivers for motor vehicles decreased by -28.5% to 44K units in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 155%. Imports peaked at 62K units in 2021, and then reduced notably in the following year.
In value terms, vehicle radio imports surged to $12M in 2022. In general, imports, however, enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vehicle Radio in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.3 | 1.5 | 0.5 | 9.8 | 96.1% |
| France | 0.3 | 1.2 | 4.1 | 1.3 | 63.0% |
| Thailand | 1.1 | 0.6 | 0.6 | 0.2 | -43.3% |
| Netherlands | N/A | 0.8 | 0.5 | 0.1 | -64.6% |
| China | 0.2 | 0.5 | 0.6 | 0.1 | -20.6% |
| United Kingdom | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Others | 0.4 | 0.6 | 0.3 | 0.2 | -20.6% |
| Total | 3.7 | 5.7 | 6.6 | 11.8 | 47.2% |
Top Suppliers of Vehicle Radio to Belgium in 2022:
- Germany (30.8K units)
- France (7.1K units)
- Netherlands (3.0K units)
- China (1.4K units)
- Thailand (0.7K units)
- United Kingdom (0.1K units)
Vehicle Radio Exports in Belgium
In 2022, shipments abroad of radio receivers for motor vehicles decreased by -86.1% to 3.3K units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 270% against the previous year. As a result, the exports attained the peak of 25K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, vehicle radio exports fell remarkably to $699K in 2022. Overall, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2020 when exports increased by 210% against the previous year. As a result, the exports reached the peak of $4.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Vehicle Radio in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 101 | 350 | 351 | 138 | 11.0% |
| Germany | 286 | 908 | 704 | 124 | -24.3% |
| Netherlands | 22.5 | 121 | 197 | 105 | 67.1% |
| Italy | 54.2 | 264 | 170 | 69.3 | 8.5% |
| Spain | 39.4 | 170 | 134 | 67.0 | 19.4% |
| Poland | 39.0 | 226 | 112 | 36.9 | -1.8% |
| United Kingdom | 307 | 268 | 118 | 21.0 | -59.1% |
| Portugal | 1.3 | 2.1 | 5.0 | 8.3 | 85.5% |
| Russia | 227 | 802 | 25.1 | 0.4 | -87.9% |
| Others | 379 | 1,393 | 2,423 | 129 | -30.2% |
| Total | 1,455 | 4,503 | 4,240 | 699 | -21.7% |
Top Export Markets for Vehicle Radio from Belgium in 2022:
- Netherlands (763.0 units)
- Germany (553.0 units)
- Italy (391.0 units)
- Spain (259.0 units)
- France (252.0 units)
- United Kingdom (230.0 units)
- Poland (164.0 units)
- Portugal (154.0 units)
- Russia (1.0 units)
This report provides an in-depth analysis of the vehicle radio 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 26401290 - Radio receivers for motor vehicles, n.e.c.
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
315
This report provides an in-depth analysis of the vehicle radio market in Belgium.
408
This report provides an in-depth analysis of the radio receiver market in Belgium.
300
This report provides an in-depth analysis of the portable radio market in Belgium.
319
This report provides an in-depth analysis of the mains-operated radio receiver market in Belgium.
821
This report provides an in-depth analysis of the global vehicle radio market.
682
This report provides an in-depth analysis of the global radio receiver market.
419
Global Portable Radio Market Report 2018. This report provides an in-depth analysis of the global portable radio market.
359
Global Mains-Operated Radio Receiver Market Report 2018. This report provides an in-depth analysis of the global mains-operated radio receiver market.
315
This report provides an in-depth analysis of the vehicle radio market in Belgium.
408
This report provides an in-depth analysis of the radio receiver market in Belgium.
878
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
722
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
878
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
722
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
