Belgium: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Belgium

After four years of growth, the Belgian market for buckets, shovels, grabs and grips for ships derricks and cranes decreased by X% to $X in 2022. In general, consumption, however, showed noticeable growth. Ship derrick buckets and shovels consumption peaked at $X in 2021, and then shrank dramatically in the following year.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Belgium

In value terms, ship derrick buckets and shovels production amounted to $X in 2022 estimated in export price. Overall, production recorded significant growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports from Belgium

In 2022, overseas shipments of buckets, shovels, grabs and grips for ships derricks and cranes increased by X% to X units, rising for the fifth consecutive year after four years of decline. Overall, exports enjoyed a slight increase. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, ship derrick buckets and shovels exports fell to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped slightly in the following year.

Exports by Country

The Netherlands (X units), the United States (X units) and France (X units) were the main destinations of ship derrick buckets and shovels exports from Belgium, with a combined X% share of total exports. Norway, Italy, Germany, the United Arab Emirates, Indonesia, Sweden, Brazil, Spain, Morocco and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ship derrick buckets and shovels exported from Belgium were France ($X), the United States ($X) and the Netherlands ($X), with a combined X% share of total exports. Norway, Italy, Germany, the United Arab Emirates, Sweden, Spain, Poland, Brazil, Indonesia and Morocco lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price recorded a slight decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports into Belgium

In 2022, supplies from abroad of buckets, shovels, grabs and grips for ships derricks and cranes decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, ship derrick buckets and shovels imports fell rapidly to $X in 2022. In general, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), Hungary (X units) and Denmark (X units) were the main suppliers of ship derrick buckets and shovels imports to Belgium, with a combined X% share of total imports. Germany, Turkey, Italy, India, Sweden, Poland, the UK, France, South Korea and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of buckets, shovels, grabs and grips for ships derricks and cranes to Belgium, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with an X% share of total imports. It was followed by Denmark, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Denmark (X% per year).

Import Prices by Country

The average import price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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