Belgium: Mower Market 2024

Mower Market Size in Belgium

In 2022, after three years of growth, there was significant decline in the Belgian mower market, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate a resilient increase. Mower consumption peaked at $X in 2021, and then fell significantly in the following year.

Mower Production in Belgium

In value terms, mower production rose notably to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Mower production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Mower Exports

Exports from Belgium

In 2022, shipments abroad of mowers increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, mower exports surged to $X in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of mower exports from Belgium, together comprising X% of total exports. Italy, Spain, Ireland, the UK, Sweden and Austria 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 Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the largest markets for mower exported from Belgium worldwide, together accounting for X% of total exports. Italy, Ireland, the UK, Spain, Sweden and Austria lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Ireland, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 mower export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then reduced dramatically in the following year.

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

Mower Imports

Imports into Belgium

In 2022, overseas purchases of mowers increased by X% to X units, rising for the third consecutive year after two years of decline. In general, imports continue to indicate a noticeable increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, mower imports skyrocketed to $X in 2022. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), China (X units) and Italy (X units) were the main suppliers of mower imports to Belgium, together comprising X% of total imports. The UK, France, the Netherlands and Germany lagged somewhat behind, together accounting for a further X%.

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

In value terms, the UK ($X), the United States ($X) and France ($X) were the largest mower suppliers to Belgium, with a combined X% share of total imports.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 mower import price amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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