Belgium: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Belgium

The Belgian hydraulic automatic regulators market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Hydraulic Automatic Regulators Production in Belgium

In value terms, hydraulic automatic regulators production soared to $X in 2022 estimated in export price. Overall, production showed tangible growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Hydraulic Automatic Regulators Exports

Exports from Belgium

In 2022, approx. X units of hydraulic or pneumatic automatic regulating instruments were exported from Belgium; with an increase of X% on 2021 figures. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, hydraulic automatic regulators exports expanded notably to $X in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Brazil (X units) and the United States (X units) were the main destinations of hydraulic automatic regulators exports from Belgium, with a combined X% share of total exports. Germany, Italy, the UK, Congo, Turkey, South Korea, Poland, Luxembourg, the Czech Republic and the Netherlands lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for hydraulic automatic regulators exported from Belgium were the United States ($X), France ($X) and the UK ($X), together accounting for X% of total exports. Brazil, Germany, Turkey, Italy, South Korea, the Netherlands, Poland, Congo, Luxembourg and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, South Korea, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hydraulic automatic regulators export price amounted to $X per unit, flattening at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked in 2022 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 the UK ($X per unit), while the average price for exports to Brazil ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports into Belgium

In 2022, approx. X units of hydraulic or pneumatic automatic regulating instruments were imported into Belgium; rising by X% compared with the year before. Over the period under review, imports, however, saw a precipitous decrease. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, hydraulic automatic regulators imports surged to $X in 2022. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and Liberia (X units) were the main suppliers of hydraulic automatic regulators imports to Belgium, with a combined X% share of total imports. Spain, the Netherlands, South Korea, France, the UK, the United States and Italy lagged somewhat behind, together accounting for a further X%.

From 2020 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hydraulic automatic regulators suppliers to Belgium were the UK ($X), Germany ($X) and South Korea ($X), together comprising X% of total imports.

South Korea, with a CAGR of X%, recorded 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 2022, the average hydraulic automatic regulators import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per unit, and then shrank dramatically 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 ($X per unit), while the price for Liberia ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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