Belgium: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in Belgium

The Belgian vapour generating boiler market rose markedly to $X in 2022, growing by X% against the previous year. In general, consumption showed moderate growth. Vapour generating boiler consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Vapour Generating Boiler Production in Belgium

In value terms, vapour generating boiler production declined modestly to $X in 2022 estimated in export price. Overall, production, however, saw a slight increase. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Vapour Generating Boiler Exports

Exports from Belgium

In 2022, the amount of vapour generating boilers exported from Belgium shrank significantly to X tons, declining by X% compared with 2021 figures. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler exports contracted notably to $X in 2022. In general, exports saw a deep setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons), France (X tons) and Spain (X tons) were the main destinations of vapour generating boiler exports from Belgium, together accounting for X% of total exports. Cote d'Ivoire, Kazakhstan, Mexico, South Africa, Niger, Germany, Denmark, the Netherlands, Ireland and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Spain ($X) and France ($X) appeared to be the largest markets for vapour generating boiler exported from Belgium worldwide, with a combined X% share of total exports. Kazakhstan, South Africa, the Netherlands, Germany, Cote d'Ivoire, Ireland, Denmark, Poland, Niger and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Mexico, with a CAGR of X%, saw 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 vapour generating boiler export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average 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 Netherlands ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vapour Generating Boiler Imports

Imports into Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of vapour generating boilers, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a relatively flat trend pattern. 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 attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, vapour generating boiler imports reduced rapidly to $X in 2022. In general, imports saw a slight slump. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of vapour generating boiler to Belgium, with a X% share of total imports. Moreover, vapour generating boiler imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) constituted the largest supplier of vapour generating boilers to Belgium, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average vapour generating boiler import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then contracted notably in the following year.

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 the Netherlands ($X per ton), while the price for Italy ($X per ton) 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 a decline.

Source: IndexBox Platform

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