Belgium: Helicopter Market 2022

Helicopter Market Size in Belgium

The Belgian helicopter market soared to $X in 2020, rising by X% against the previous year. Overall, consumption enjoyed pronounced growth. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is likely to see gradual growth in years to come.

Helicopter Production in Belgium

In value terms, helicopter production amounted to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% year-to-year. Helicopter production peaked at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Helicopter Exports

Exports from Belgium

In 2020, overseas shipments of helicopters decreased by -X% to X units for the first time since 2016, thus ending a three-year rising trend. In general, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X units in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, helicopter exports shrank rapidly to $X in 2020. Over the period under review, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

France (X units), China (X units) and Russia (X units) were the main destinations of helicopter exports from Belgium, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France, while exports for the other leaders experienced a decline.

In value terms, France ($X) emerged as the key foreign market for helicopter exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2020, 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: China (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2020, the average helicopter export price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the export price saw a mild slump. The growth pace was the most rapid in 2015 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was France ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into Belgium

In 2020, overseas purchases of helicopters increased by X% to X units, rising for the sixth year in a row after seven years of decline. Overall, imports recorded a resilient increase. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, helicopter imports expanded sharply to $X in 2020. Over the period under review, imports continue to indicate a modest increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

France (X units), Switzerland (X units) and the Netherlands (X units) were the main suppliers of helicopter imports to Belgium, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in the Netherlands (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) constituted the largest supplier of helicopter to Belgium, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Cote d'Ivoire totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and the United States (-X% per year).

Import Prices by Country

The average helicopter import price stood at $X per unit in 2020, shrinking by -X% against the previous year. Overall, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The import price peaked at $X per unit in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Cote d'Ivoire ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform

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