Report Belgium - Wiring Sets Used in Vehicles, Aircraft or Ships - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 12, 2023

Belgium - Wiring Sets Used in Vehicles, Aircraft or Ships - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Market for Wiring sets used in vehicles, aircraft or ships 2023

Market Size for Wiring sets used in vehicles, aircraft or ships in Belgium

The Belgian market for wiring sets used in vehicles, aircraft or ships reached $X in 2021, picking up by 4.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +11.5% against 2017 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the immediate term.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Belgium

In 2021, approx. X tons of wiring sets used in vehicles, aircraft or ships were exported from Belgium; rising by 35% compared with the previous year. The total export volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships surged to $X in 2021. In general, total exports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +10.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 37%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from Belgium, accounting for a 67% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to France exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. The third position in this ranking was taken by Germany (X tons), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.7% per year) and Germany (-13.4% per year).

In value terms, France ($X) remains the key foreign market for wiring sets used in vehicles, aircraft or ships exports from Belgium, comprising 44% of total exports. The second position in the ranking was held by Germany ($X), with a 5.9% share of total exports. It was followed by the United States, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-4.3% per year) and the United States (-3.5% per year).

Export Prices by Country

The average export price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2021, with a decrease of -6.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 15%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to France ($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 Sweden (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Belgium

In 2021, purchases abroad of wiring sets used in vehicles, aircraft or ships increased by 1.7% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a slight curtailment. The growth pace was the most rapid in 2016 when imports increased by 55%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of wiring sets used in vehicles, aircraft or ships skyrocketed to $X in 2021. Overall, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.4% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Romania (X tons), Hungary (X tons) and France (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to Belgium, together comprising 47% of total imports. These countries were followed by Poland, Morocco, Serbia, Turkey, Germany, the Netherlands and Tunisia, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +318.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Romania ($X) and France ($X) appeared to be the largest wiring sets used in vehicles, aircraft or ships suppliers to Belgium, together accounting for 51% of total imports. Poland, Turkey, Morocco, Germany, Serbia, the Netherlands and Tunisia lagged somewhat behind, together accounting for a further 33%.

Serbia, with a CAGR of +300.8%, saw the highest growth rate of 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

The average import price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2021, growing by 16% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for wiring sets used in vehicles, aircraft or ships increased by +83.9% against 2017 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 25%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hungary ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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 wiring sets used in vehicles, aircraft or ships in the world?
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China constituted the country with the largest volume of consumption of wiring sets used in vehicles, aircraft or ships, comprising approx. 21% of total volume. Moreover, consumption of wiring sets used in vehicles, aircraft or ships in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by India, with an 8.6% share.
What are the largest producers of wiring sets used in vehicles, aircraft or ships in the world?
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China constituted the country with the largest volume of production of wiring sets used in vehicles, aircraft or ships, accounting for 22% of total volume. Moreover, production of wiring sets used in vehicles, aircraft or ships in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by the United States, with an 8% share.
What are the leading suppliers of wiring sets used in vehicles, aircraft or ships to Belgium?
+
In value terms, Hungary, Romania and France were the largest wiring sets used in vehicles, aircraft or ships suppliers to Belgium, with a combined 51% share of total imports. Poland, Turkey, Morocco, Germany, Serbia, the Netherlands and Tunisia lagged somewhat behind, together accounting for a further 33%.
What are the leading importers of wiring sets used in vehicles, aircraft or ships from Belgium?
+
In value terms, France remains the key foreign market for wiring sets used in vehicles, aircraft or ships exports from Belgium, comprising 44% of total exports. The second position in the ranking was held by Germany, with a 5.9% share of total exports. It was followed by the United States, with a 5% share.
What is the average export price for wiring sets used in vehicles, aircraft or ships in Belgium?
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In 2021, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $35,310 per ton, falling by -6.9% against the previous year.
What is the average import price for wiring sets used in vehicles, aircraft or ships in Belgium?
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In 2021, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $34,243 per ton, picking up by 16% against the previous year.

This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships 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 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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