Belgium: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Belgium

The Belgian paperboard container machine market dropped to $X in 2022, falling by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X.1B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Paperboard Container Machine Production in Belgium

In value terms, paperboard container machine production dropped to $X.6B in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Paperboard container machine production peaked at $X.9B in 2019; however, from 2020 to 2022, production failed to regain momentum.

Paperboard Container Machine Exports

Exports from Belgium

In 2022, paperboard container machine exports from Belgium skyrocketed to X units, with an increase of X% on the year before. In general, exports recorded a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, paperboard container machine exports soared to $X in 2022. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

France (X units), Mexico (X units) and Italy (X units) were the main destinations of paperboard container machine exports from Belgium, with a combined X% share of total exports. Colombia, Brazil, Spain, Morocco, Germany, Chile, the Dominican Republic, Poland, Peru and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for paperboard container machine exported from Belgium were Mexico ($X), France ($X) and Italy ($X), with a combined X% share of total exports. Colombia, Spain, Germany, Brazil, Chile, Poland, Peru, the Dominican Republic, the United States and Morocco lagged somewhat behind, together comprising a further X%.

The Dominican Republic, with a CAGR of X%, saw 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 paperboard container machine export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, saw a mild decrease. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

Paperboard Container Machine Imports

Imports into Belgium

Paperboard container machine imports into Belgium skyrocketed to X units in 2022, increasing by X% compared with the year before. In general, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, paperboard container machine imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units) constituted the largest paperboard container machine supplier to Belgium, with a X% share of total imports. Moreover, paperboard container machine imports from India exceeded the figures recorded by the second-largest supplier, Germany (X units), tenfold. China (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 India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, India ($X) constituted the largest supplier of machines for making containers of paper or paperboard to Belgium, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

The average paperboard container machine import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. 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 France ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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