Belgium: Market for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines 2024

Market Size for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Belgium

In 2022, the Belgian market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption saw a resilient expansion. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the near future.

Production of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Belgium

In value terms, production of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines rose remarkably to $X in 2022 estimated in export price. In general, production recorded a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Exports from Belgium

In 2022, overseas shipments of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines dropped significantly to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

France (X units) was the main destination for exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines from Belgium, with a X% share of total exports. Moreover, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines to France exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. Germany (X units) ranked third in terms of total exports with a X% share.

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

In value terms, France ($X) remains the key foreign market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines exports from Belgium, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by Germany, with an X% share.

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

Export Prices by Country

The average export price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, export price indicated notable growth 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, export price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines increased by X% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Imports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Imports into Belgium

In 2022, after three years of growth, there was significant decline in supplies from abroad of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines, when their volume decreased by X% to X units. Overall, imports, however, continue to indicate a moderate increase. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines contracted to $X in 2022. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines supplier to Belgium, accounting for a X% share of total imports. Moreover, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines from China exceeded the figures recorded by the second-largest supplier, France (X units), twofold. Hungary (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Hungary (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines to Belgium, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and France (X% per year).

Import Prices by Country

The average import price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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