Belgium: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2022

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Belgium

The Belgian digital data processing machine market amounted to $X in 2021, increasing by 8.8% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.3% against 2017 indices. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Belgium

In value terms, digital data processing machine production surged to $X in 2021 estimated in export price. Over the period under review, production recorded significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 700% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Belgium

Digital data processing machine exports from Belgium expanded notably to X units in 2021, growing by 14% against the previous year. Over the period under review, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 27%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, digital data processing machine exports fell to $X in 2021. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for digital data processing machine exports from Belgium, with a 37% share of total exports. Moreover, digital data processing machine exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was held by Romania (X units), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at -10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.4% per year) and Romania (+34.0% per year).

In value terms, the Netherlands ($X) remains the key foreign market for digital data processing machine exports from Belgium, comprising 36% of total exports. The second position in the ranking was taken by France ($X), with a 7.4% share of total exports. It was followed by Germany, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands totaled -9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.4% per year) and Germany (+3.1% per year).

Export Prices by Country

In 2021, the average digital data processing machine export price amounted to $X per unit, declining by -23.7% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 31% against the previous year. The export price peaked at $X per unit in 2020, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Spain ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Belgium

In 2021, imports of digital data processing machines: presented in the form of systems into Belgium fell slightly to X units, reducing by -3.1% on 2020 figures. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 when imports increased by 27%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, digital data processing machine imports dropped to $X in 2021. In general, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 with an increase of 40% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Poland (X units) and China (X units) were the main suppliers of digital data processing machine imports to Belgium, together comprising 69% of total imports. These countries were followed by Germany, Ireland, France, Denmark, the UK and the Czech Republic, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +66.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest digital data processing machine suppliers to Belgium were the Netherlands ($X), Poland ($X) and Germany ($X), together accounting for 68% of total imports. These countries were followed by Ireland, China, France, Denmark, the UK and the Czech Republic, which together accounted for a further 20%.

Denmark, with a CAGR of +65.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average digital data processing machine import price amounted to $X per unit, reducing by -2.5% against the previous year. In general, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 62%. The import price peaked at $X per unit in 2020, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ireland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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