Belgium - Residential, commercial and industrial lighting fixture - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBelgium: Market for Residential, Commercial and Industrial Lighting Fixture 2024
Market Size for Residential, Commercial and Industrial Lighting Fixture in Belgium
In 2021, the Belgian market for residential, commercial and industrial lighting fixture increased by X% to $X, rising for the fifth year in a row after two years of decline. In general, consumption continues to indicate a buoyant increase. Consumption of peaked in 2021 and is expected to retain growth in years to come.
Production of Residential, Commercial and Industrial Lighting Fixture in Belgium
In value terms, production of residential, commercial and industrial lighting fixture rose to $X in 2021 estimated in export price. In general, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.
Exports of Residential, Commercial and Industrial Lighting Fixture
Exports from Belgium
In 2021, approx. X units of residential, commercial and industrial lighting fixture were exported from Belgium; with a decrease of X% compared with the previous year. In general, exports saw a deep downturn. The exports peaked at X units in 2020, and then dropped in the following year.
In value terms, exports of residential, commercial and industrial lighting fixture rose notably to $X in 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of exports of residential, commercial and industrial lighting fixture from Belgium, with a combined X% share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced a decline.
In value terms, France ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for residential, commercial and industrial lighting fixture exported from Belgium worldwide, with a combined X% share of total exports.
In terms of the main countries of destination, Germany, 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 mixed trend patterns.
Export Prices by Country
The average export price for residential, commercial and industrial lighting fixture stood at less than $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then shrank sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Hungary ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Residential, Commercial and Industrial Lighting Fixture
Imports into Belgium
In 2021, purchases abroad of residential, commercial and industrial lighting fixture increased by X% to X units, rising for the fifth consecutive year after two years of decline. Over the period under review, imports showed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.
In value terms, imports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. In general, imports enjoyed modest growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
China (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of imports of residential, commercial and industrial lighting fixture to Belgium, with a combined X% share of total imports. Austria, France and Italy lagged somewhat behind, together accounting for a further X%. Moreover, imports of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest supplier, the Netherlands, sixfold.
From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest residential, commercial and industrial lighting fixture suppliers to Belgium were China ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports. Austria, Italy and France lagged somewhat behind, together accounting for a further X%. Moreover, imports of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest supplier, Germany, fourfold.
Austria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price for residential, commercial and industrial lighting fixture amounted to less than $X per unit, dropping by X% against the previous year. In general, the import price faced a deep slump. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($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 Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture 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 27402200 - Electric table, desk, bedside or floor-standing lamps
- Prodcom 27402500 - Chandeliers and other electric ceiling or wall lighting fittings (excluding those used for lighting public open spaces or thoroughfares)
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture in Asia.
This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture in the U.S..
This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture in China.
This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture in the EU.
This report provides an in-depth analysis of the global market for residential, commercial and industrial lighting fixture.