Belgium: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in Belgium

In 2022, after two years of growth, there was decline in the Belgian hand-operated air pump market, when its value decreased by -1.9% to $X. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.3% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank slightly in the following year.

Hand-Operated Air Pump Production in Belgium

In value terms, hand-operated air pump production reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a noticeable descent. The growth pace was the most rapid in 2018 when the production volume increased by 45% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Hand-Operated Air Pump Exports

Exports from Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of hand or foot-operated air pumps, when their volume decreased by -89.3% to X units. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 1,068% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then dropped markedly in the following year.

In value terms, hand-operated air pump exports reduced remarkably to $X in 2022. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 699%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced notably in the following year.

Exports by Country

France (X units), the Netherlands (X units) and Malaysia (X units) were the main destinations of hand-operated air pump exports from Belgium, together comprising 54% of total exports. Germany, Italy, Guinea, Poland and Spain lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of +58.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) were the largest markets for hand-operated air pump exported from Belgium worldwide, with a combined 59% share of total exports. Malaysia, Italy, Guinea, Spain and Poland lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, Guinea, with a CAGR of +37.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average hand-operated air pump export price amounted to $X per unit, picking up by 28% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-operated air pump export price increased by +32.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 84% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($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 Germany (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports into Belgium

After three years of growth, supplies from abroad of hand or foot-operated air pumps decreased by -66.8% to X units in 2022. Overall, imports showed a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 124% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then fell rapidly in the following year.

In value terms, hand-operated air pump imports declined sharply to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 98% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell remarkably in the following year.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and the Netherlands (X units) were the main suppliers of hand-operated air pump imports to Belgium, with a combined 81% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +11.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and the Netherlands ($X) appeared to be the largest hand-operated air pump suppliers to Belgium, with a combined 81% share of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +7.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average hand-operated air pump import price stood at $X per unit in 2022, picking up by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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