Belgium: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in Belgium

The Belgian injection-moulding machine market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption recorded a buoyant expansion. Injection-moulding machine consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Injection-Moulding Machine Production in Belgium

In value terms, injection-moulding machine production soared to $X in 2022 estimated in export price. Overall, production showed a buoyant increase. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Injection-Moulding Machine Exports

Exports from Belgium

In 2022, shipments abroad of injection-moulding machines for working rubber or plastics decreased by X% to X units, falling for the second year in a row after two years of growth. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded 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 remained at a lower figure.

In value terms, injection-moulding machine exports reached $X in 2022. Over the period under review, exports, however, recorded a tangible increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X units), India (X units) and France (X units) were the main destinations of injection-moulding machine exports from Belgium, together accounting for X% of total exports. Egypt, Italy, the United States, Germany, South Africa, the Netherlands, Spain, Poland, Lebanon and Saudi Arabia lagged somewhat behind, together comprising a further X%.

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

In value terms, Italy ($X) emerged as the key foreign market for injection-moulding machines for working rubber or plastics exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by France, with a X% share.

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

Export Prices by Country

In 2022, the average injection-moulding machine export price amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Egypt ($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 Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Injection-Moulding Machine Imports

Imports into Belgium

For the fourth consecutive year, Belgium recorded growth in supplies from abroad of injection-moulding machines for working rubber or plastics, which increased by X% to X units in 2022. Overall, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, injection-moulding machine imports reduced to $X in 2022. Over the period under review, imports showed a tangible increase. 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 supplier of injection-moulding machine to Belgium, accounting for a X% share of total imports. Moreover, injection-moulding machine imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. The third position in this ranking was held by Austria (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Austria (X% per year).

In value terms, the largest injection-moulding machine suppliers to Belgium were China ($X), Austria ($X) and Germany ($X), with a combined X% share of total imports. Canada, the Netherlands, Japan and Romania lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 injection-moulding machine import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average 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 Austria ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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