Belgium: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Belgium

The Belgian reel cutting slitter market dropped modestly to $X in 2022, reducing by X% against the previous year. In general, consumption, however, continues to indicate significant growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Reel Cutting Slitter Production in Belgium

In value terms, reel cutting slitter production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Reel cutting slitter production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Reel Cutting Slitter Exports

Exports from Belgium

In 2022, shipments abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2021, and then declined significantly in the following year.

In value terms, reel cutting slitter exports dropped markedly to $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

The United States (X units), France (X units) and Spain (X units) were the main destinations of reel cutting slitter exports from Belgium, together accounting for X% of total exports. The UK, the Netherlands, Germany, Australia, Poland, India, Italy, Mexico, Egypt and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from Belgium, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average reel cutting slitter export price amounted to $X per unit, rising by X% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reel cutting slitter export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

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

Reel Cutting Slitter Imports

Imports into Belgium

After two years of growth, purchases abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by X% to X units in 2022. Overall, imports recorded a mild downturn. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, reel cutting slitter imports dropped remarkably to $X in 2022. Over the period under review, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

The Netherlands (X units), Germany (X units) and China (X units) were the main suppliers of reel cutting slitter imports to Belgium, together comprising X% of total imports. Denmark, France, Finland, Italy, Spain, the UK and the United States lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), Denmark ($X) and the Netherlands ($X) constituted the largest reel cutting slitter suppliers to Belgium, together accounting for X% of total imports. China, Finland, the United States, the UK, Italy, France and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average reel cutting slitter import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price saw a slight reduction. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per unit in 2021, and then contracted notably in the following year.

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

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

Source: IndexBox Platform

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