Belgium: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Belgium

The Belgian lathe for removing metal market skyrocketed to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Lathes For Removing Metal in Belgium

In value terms, lathe for removing metal production soared to $X in 2022 estimated in export price. In general, production, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Lathe for removing metal production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Lathes For Removing Metal

Exports from Belgium

For the seventh year in a row, Belgium recorded growth in overseas shipments of lathes for removing metal, which increased by X% to X units in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the lafor removing metal exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports surged to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the lafor removing metal exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Germany (X units) and France (X units) were the main destinations of lathe for removing metal exports from Belgium, with a combined X% share of total exports. Poland, the Czech Republic, Hungary, the Netherlands, Denmark, Bulgaria, Spain, Romania, Austria and the UK lagged somewhat behind, together comprising 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 Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and France ($X) were the largest markets for lathe for removing metal exported from Belgium worldwide, together accounting for X% of total exports. Poland, the Czech Republic, Hungary, Denmark, the Netherlands, Austria, Bulgaria, Romania, Spain and the UK lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, 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

In 2022, the average lathe for removing metal export price amounted to $X per unit, remaining constant against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then fell slightly in the following year.

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

Imports of Lathes For Removing Metal

Imports into Belgium

For the fourth consecutive year, Belgium recorded growth in purchases abroad of lathes for removing metal, which increased by X% to X units in 2022. Overall, imports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, lathe for removing metal imports surged to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, lafor removing metal imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest lathe for removing metal supplier to Belgium, accounting for a X% share of total imports. Moreover, lathe for removing metal imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The UK (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the UK (X% per year).

In value terms, Japan ($X) constituted the largest supplier of lathes for removing metal to Belgium, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average lathe for removing metal import price amounted to $X per unit, approximately equating the previous year. Overall, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :