Belgium - Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Belgium: Bearing Market Overview 2018
Bearing Imports into Belgium
In 2017, approx. X units of ball or roller bearings were imported into Belgium; jumping by X% against the previous year. Overall, the total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the bearing imports increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2017, an increase of X% year-to-year. In that year, the bearing imports reached its maximum volume, and are likely to continue its growth in the immediate term.
In value terms, bearing imports amounted to $X in 2017. In general, bearing imports continue to indicate a noticeable slump. Over the period under review, the bearing imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.
Bearing Exports from Belgium
Bearing exports from Belgium amounted to X units in 2017, declining by -X% against the previous year. In general, bearing exports continue to indicate an abrupt contraction. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the bearing exports reached its peak figure volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.
In value terms, bearing exports amounted to $X in 2017. In general, bearing exports continue to indicate a temperate contraction. Belgium exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its strength.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the bearing 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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