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Report Belgium - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Sep 13, 2022

Belgium - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Belgium

The Belgian way-type unit head market declined dramatically to $X in 2021, reducing by -X% against the previous year. Over the period under review, consumption, however, enjoyed a significant increase. As a result, consumption attained the peak level of $X, and then fell sharply in the following year.

Way-Type Unit Head Production in Belgium

In value terms, way-type unit head production dropped rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then reduced notably in the following year.

Way-Type Unit Head Exports

Exports from Belgium

In 2021, the amount of way-type unit heads for working metal exported from Belgium contracted dramatically to X tons, falling by -X% compared with the previous year's figure. In general, exports saw a sharp decrease. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, way-type unit head exports fell rapidly to $X in 2021. Over the period under review, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mali (X tons), Serbia (X tons) and Switzerland (X kg) were the main destinations of way-type unit head exports from Belgium, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mali (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for way-type unit head exported from Belgium were the UK ($X), Mali ($X) and Democratic Republic of the Congo ($X), together accounting for X% of total exports.

Among the main countries of destination, Mali, 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

In 2021, the average way-type unit head export price amounted to $X per ton, shrinking by -X% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+X%), while the prices for the other major destinations experienced a decline.

Way-Type Unit Head Imports

Imports into Belgium

In 2021, the amount of way-type unit heads for working metal imported into Belgium surged to X tons, increasing by X% on the previous year. Over the period under review, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, way-type unit head imports skyrocketed to $X in 2021. In general, imports, however, showed a deep slump. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the main supplier of way-type unit head to Belgium, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of way-type unit head to Belgium.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +X%.

Import Prices by Country

The average way-type unit head import price stood at $X per ton in 2021, waning by -X% against the previous year. Over the period under review, the import price showed a sharp slump. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for way-type unit heads for working metal in the world?

The country with the largest volume of way-type unit head consumption was the Netherlands, comprising approx. 25% of total volume. Moreover, way-type unit head consumption in the Netherlands exceeded the figures recorded by the second-largest consumer, China, twofold. India ranked third in terms of total consumption with less than 0.1% share.

What are the largest producers of way-type unit heads for working metal in the world?

The country with the largest volume of way-type unit head production was the Netherlands, comprising approx. 34% of total volume. Moreover, way-type unit head production in the Netherlands exceeded the figures recorded by the second-largest producer, China, fourfold. India ranked third in terms of total production with less than 0.1% share.

What are the leading suppliers of way-type unit heads for working metal to Belgium?

In value terms, the Netherlands constituted the largest supplier of way-type unit head to Belgium.

What are the leading importers of way-type unit heads for working metal from Belgium?

In value terms, the largest markets for way-type unit head exported from Belgium were the UK, Mali and Democratic Republic of the Congo, together accounting for 60% of total exports.

What is the average export price for way-type unit heads for working metal in Belgium?

The average way-type unit head export price stood at $7,101 per ton in 2021, reducing by -32.8% against the previous year.

What is the average import price for way-type unit heads for working metal in Belgium?

In 2021, the average way-type unit head import price amounted to $1,046 per ton, dropping by -63.3% against the previous year.

This report provides an in-depth analysis of the way-type unit head 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.

Product coverage:

• Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance