Belgium: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Belgium

After three years of growth, the Belgian market for iron or steel gas domestic cooking appliances and plate warmers decreased by -45.4% to $X in 2022. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced markedly in the following year.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Belgium

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers fell notably to $X in 2022 estimated in export price. In general, production recorded a perceptible slump. The growth pace was the most rapid in 2013 with an increase of 204% against the previous year. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of iron or steel gas domestic cooking appliances and plate warmers, when their volume decreased by -85.9% to X units. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 317% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers shrank significantly to $X in 2022. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 190%. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of exports of iron or steel gas domestic cooking appliances and plate warmers from Belgium, with a combined 64% share of total exports. Luxembourg, Italy, Spain, Cameroon, the Czech Republic, Democratic Republic of the Congo and the UK lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +25.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel gas domestic cooking appliances and plate warmers exported from Belgium were France ($X), the Netherlands ($X) and Germany ($X), with a combined 73% share of total exports. The UK, Luxembourg, Italy, Cameroon, the Czech Republic, Democratic Republic of the Congo and Spain lagged somewhat behind, together comprising a further 13%.

The UK, with a CAGR of +17.1%, saw the highest growth rate of the value of exports, among 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 export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, surging by 23% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 42% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Spain ($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 UK (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Belgium

After five years of growth, supplies from abroad of iron or steel gas domestic cooking appliances and plate warmers decreased by -58.7% to X units in 2022. In general, imports, however, enjoyed a temperate increase. The pace of growth was the most pronounced in 2020 when imports increased by 197% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2021, and then shrank markedly in the following year.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers reduced remarkably to $X in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. Imports peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

The Netherlands (X units), France (X units) and China (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Belgium, together accounting for 83% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +15.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Belgium were the Netherlands ($X), China ($X) and France ($X), together comprising 70% of total imports.

France, with a CAGR of +8.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, jumping by 21% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 22%. The import price peaked at $X per unit in 2016; however, from 2017 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 Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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