Belgium: Compression Type Mould Market 2024

Compression Type Mould Market Size in Belgium

The Belgian compression type mould market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption showed a drastic downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Compression Type Mould Production in Belgium

In value terms, compression type mould production expanded modestly to $X in 2022 estimated in export price. Overall, production saw a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Compression Type Mould Exports

Exports from Belgium

For the fourth year in a row, Belgium recorded decline in overseas shipments of injection or compression type moulds for rubber or plastics, which decreased by X% to X units in 2022. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, compression type mould exports fell to $X in 2022. In general, exports saw a mild descent. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), the Netherlands (X units) and France (X units) were the main destinations of compression type mould exports from Belgium, together comprising X% of total exports. Luxembourg, Switzerland, Spain, Hungary, the United States, Italy, Poland and Norway lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for compression type mould exported from Belgium were Switzerland ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total exports.

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

Export Prices by Country

The average compression type mould export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted modestly in the following year.

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 Switzerland ($X per unit), while the average price for exports to Luxembourg ($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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Compression Type Mould Imports

Imports into Belgium

In 2022, supplies from abroad of injection or compression type moulds for rubber or plastics decreased by X% to X units, falling for the fourth consecutive year after three years of growth. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, compression type mould imports fell to $X in 2022. In general, imports saw a noticeable decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest compression type mould supplier to Belgium, with a X% share of total imports. Moreover, compression type mould imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Austria (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X), Switzerland ($X) and Australia ($X) constituted the largest compression type mould suppliers to Belgium, with a combined X% share of total imports.

Among the main suppliers, Switzerland, 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 a decline.

Import Prices by Country

The average compression type mould import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform

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