Belgium - Numerically Controlled Knee-Type Milling Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelgium: Market for Numerically Controlled Knee-Type Milling Machines For Working Metal 2024
Market Size for Numerically Controlled Knee-Type Milling Machines For Working Metal in Belgium
The Belgian market for numerically controlled knee-type milling machines for working metal stood at $X in 2022, increasing by X% against the previous year. In general, consumption, however, recorded a pronounced decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Production of Numerically Controlled Knee-Type Milling Machines For Working Metal in Belgium
In value terms, numerically controlled knee-type milling machine production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Numerically controlled knee-type milling machine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Exports of Numerically Controlled Knee-Type Milling Machines For Working Metal
Exports from Belgium
In 2022, overseas shipments of numerically controlled knee-type milling machines for working metal decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at X units in 2021, and then reduced remarkably in the following year.
In value terms, numerically controlled knee-type milling machine exports contracted significantly to $X in 2022. Over the period under review, exports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Exports by Country
India (X units) was the main destination for numerically controlled knee-type milling machine exports from Belgium, with a X% share of total exports. Moreover, numerically controlled knee-type milling machine exports to India exceeded the volume sent to the second major destination, the UK (X units), fivefold.
From 2012 to 2022, the average annual growth rate of volume to India totaled X%.
In value terms, India ($X) emerged as the key foreign market for numerically controlled knee-type milling machines for working metal exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with an X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to X%.
Export Prices by Country
In 2022, the average export price for numerically controlled knee-type milling machines for working metal amounted to $X per unit, which is down by X% against the previous year. Overall, the export price saw a sharp decrease. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X,120 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to the UK stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Numerically Controlled Knee-Type Milling Machines For Working Metal
Imports into Belgium
In 2022, purchases abroad of numerically controlled knee-type milling machines for working metal decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, numerically controlled knee-type milling machine imports shrank dramatically to $X in 2022. In general, imports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Switzerland (X units) constituted the largest numerically controlled knee-type milling machine supplier to Belgium, with a X% share of total imports. Moreover, numerically controlled knee-type milling machine imports from Switzerland exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold.
From 2013 to 2022, the average annual rate of growth in terms of volume from Switzerland stood at X%.
In value terms, Switzerland ($X) constituted the largest supplier of numerically controlled knee-type milling machines for working metal to Belgium, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2013 to 2022, the average annual growth rate of value from Switzerland totaled X%.
Import Prices by Country
The average import price for numerically controlled knee-type milling machines for working metal stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price continues to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for China stood at $X per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X.7%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for numerically controlled knee-type milling machine in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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