Belgium: Pharmaceutical Rubber Articles Market 2024

Pharmaceutical Rubber Articles Market Size in Belgium

The Belgian pharmaceutical rubber articles market contracted sharply to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, showed a remarkable increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Pharmaceutical Rubber Articles Production in Belgium

In value terms, pharmaceutical rubber articles production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a slight setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Pharmaceutical Rubber Articles Exports

Exports from Belgium

In 2022, overseas shipments of hygienic or pharmaceutical articles of rubber decreased by X% to X units, falling for the fourth year in a row after five years of growth. Overall, exports showed a dramatic curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pharmaceutical rubber articles exports reduced to $X in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for pharmaceutical rubber articles exports from Belgium, accounting for a X% share of total exports. Moreover, pharmaceutical rubber articles exports to France exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by Spain (X units), 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: Germany (X% per year) and Spain (X% per year).

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for pharmaceutical rubber articles exported from Belgium worldwide, with a combined X% share of total exports. Italy, China, Sweden, Spain, Denmark, Poland, Switzerland, Finland, Austria and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Denmark, with a CAGR of X%, saw 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 pharmaceutical rubber articles export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

Pharmaceutical Rubber Articles Imports

Imports into Belgium

In 2022, purchases abroad of hygienic or pharmaceutical articles of rubber increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, pharmaceutical rubber articles imports reduced modestly to $X in 2022. Overall, imports continue to indicate slight growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), the Netherlands (X units) and China (X units) were the main suppliers of pharmaceutical rubber articles imports to Belgium, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pharmaceutical rubber articles suppliers to Belgium were the United States ($X), France ($X) and China ($X), together comprising X% of total imports.

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pharmaceutical rubber articles import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Italy ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :