
Belgium - Splitting, Slicing or Paring Machines - Market Analysis, Forecast, Size, Trends and Insights
Belgium: Wood Slicing Machine Market 2022
Wood Slicing Machine Market Size in Belgium
The Belgian wood slicing machine market surged to $X in 2021, increasing by 66% against the previous year. Over the period under review, consumption continues to indicate a buoyant increase. Wood slicing machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Wood Slicing Machine Production in Belgium
In value terms, wood slicing machine production soared to $X in 2021 estimated in export price. In general, production posted a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 383% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.
Wood Slicing Machine Exports
Exports from Belgium
Wood slicing machine exports from Belgium amounted to X units in 2021, increasing by 5.4% compared with the previous year's figure. Over the period under review, exports saw resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 314% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.
In value terms, wood slicing machine exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 354%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.
Exports by Country
France (X units) was the main destination for wood slicing machine exports from Belgium, with a 70% share of total exports. Moreover, wood slicing machine exports to France exceeded the volume sent to the second major destination, the Netherlands (X units), ninefold. The third position in this ranking was taken by Spain (X units), with a 5.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-2.5% per year) and Spain (+20.4% per year).
In value terms, France ($X) remains the key foreign market for wood slicing machine exports from Belgium, comprising 75% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6.5% share of total exports. It was followed by Russia, with a 6.4% share.
From 2012 to 2021, the average annual growth rate of value to France stood at +27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+4.8% per year) and Russia (+12.2% per year).
Export Prices by Country
The average wood slicing machine export price stood at $X per unit in 2021, increasing by 63% against the previous year. Over the period under review, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Slicing Machine Imports
Imports into Belgium
In 2021, overseas purchases of splitting, slicing or paring machines increased by 1.8% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports saw buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 134%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.
In value terms, wood slicing machine imports skyrocketed to $X in 2021. Overall, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 82%. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, China (X units) constituted the largest wood slicing machine supplier to Belgium, accounting for a 55% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Luxembourg (X units), threefold. The third position in this ranking was taken by France (X units), with a 9.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (+18.5% per year) and France (+24.4% per year).
In value terms, the largest wood slicing machine suppliers to Belgium were China ($X), Luxembourg ($X) and France ($X), with a combined 73% share of total imports.
France, with a CAGR of +27.5%, recorded the highest rates of growth with regard to the value of imports, among 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 2021, the average wood slicing machine import price amounted to $X per unit, rising by 25% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 28% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood slicing machine market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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