Belgium: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2024

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Belgium

The Belgian non-electronic hydro- and hygrometers market fell to $X in 2022, which is down by X% against the previous year. In general, consumption recorded modest growth. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Non-Electronic Hydro-, Hygro-, Psychrometers in Belgium

In value terms, non-electronic hydro- and hygrometers production declined notably to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Belgium

Non-electronic hydro- and hygrometers exports from Belgium soared to X units in 2022, growing by X% against 2021 figures. Over the period under review, exports saw a resilient increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, non-electronic hydro- and hygrometers exports fell modestly to $X in 2022. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Germany (X units), France (X units) and the Netherlands (X units) were the main destinations of non-electronic hydro- and hygrometers exports from Belgium, together comprising X% of total exports. Spain, the UK, Poland, Italy, the United States, Morocco, Switzerland and Russia lagged somewhat behind, together comprising 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 non-electronic hydro- and hygrometers exported from Belgium were France ($X), Germany ($X) and the United States ($X), together accounting for X% of total exports. The Netherlands, the UK, Morocco, Italy, Spain, Poland, Switzerland and Russia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 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 the United States ($X per unit), while the average price for exports to Germany ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Belgium

In 2022, overseas purchases of non-electronic hydro-, hygro-, psychrometers increased by X% to X units, rising for the third year in a row after three years of decline. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, non-electronic hydro- and hygrometers imports contracted modestly to $X in 2022. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X units), Germany (X units) and France (X units) were the main suppliers of non-electronic hydro- and hygrometers imports to Belgium, together comprising X% of total imports. The Netherlands, Poland, the United States, Italy and Austria 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 Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic hydro- and hygrometers suppliers to Belgium were China ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports. France, the United States, Poland, Italy and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 non-electronic hydro- and hygrometers import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 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 Austria ($X per unit), while the price for Italy ($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 Netherlands (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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