Belgium - Milling Industry Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilling Industry Machinery Price in Belgium - 2023
Contents:
- Milling Industry Machinery Price in Belgium (CIF) - 2022
- Milling Industry Machinery Price in Belgium (FOB) - 2022
- Milling Industry Machinery Imports in Belgium
- Milling Industry Machinery Exports in Belgium
Milling Industry Machinery Price in Belgium (CIF) - 2022
The average milling industry machinery import price stood at $33,720 per unit in 2022, with an increase of 76% against the previous year. Overall, the import price enjoyed a tangible expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Estonia ($151,098 per unit), while the price for Turkey ($10,641 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Milling Industry Machinery Price in Belgium (FOB) - 2022
The average milling industry machinery export price stood at $23,400 per unit in 2022, growing by 67% against the previous year. Over the period under review, the export price, however, saw a perceptible curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 312%. The export price peaked at $35,189 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($45,799 per unit), while the average price for exports to Togo ($8,915 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 Italy (+115.5%), while the prices for the other major destinations experienced more modest paces of growth.
Milling Industry Machinery Imports in Belgium
Milling industry machinery imports into Belgium declined markedly to 90 units in 2022, with a decrease of -49.2% against the previous year's figure. Overall, imports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 24%. Over the period under review, imports reached the maximum at 178 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, milling industry machinery imports dropped to $3M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $3.4M, and then reduced in the following year.
Import of Milling Industry Machinery in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 638 | 1,751 | 1,152 | 1,389 | 29.6% |
Estonia | N/A | N/A | 266 | 604 | 127.1% |
Finland | N/A | N/A | 277 | 549 | 98.2% |
Canada | N/A | N/A | N/A | 124 | 0% |
Turkey | 164 | 89.5 | 104 | 117 | -10.6% |
China | 114 | 22.6 | 1,191 | 108 | -1.8% |
Germany | 39.9 | 76.7 | 9.9 | 47.1 | 5.7% |
Italy | 839 | 155 | 0.3 | 10.6 | -76.7% |
Others | 131 | 436 | 383 | 85.6 | -13.2% |
Total | 1,925 | 2,531 | 3,384 | 3,035 | 16.4% |
Top Suppliers of Milling Industry Machinery to Belgium in 2022:
- Netherlands (32.0 units)
- Turkey (11.0 units)
- Finland (11.0 units)
- China (10.0 units)
- Canada (7.0 units)
- Estonia (4.0 units)
- Germany (2.0 units)
- Italy (1.0 units)
Milling Industry Machinery Exports in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of milling industry machinery, when their volume decreased by -9% to 193 units. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 265%. The exports peaked at 212 units in 2021, and then fell in the following year.
In value terms, milling industry machinery exports skyrocketed to $4.5M in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 231% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Milling Industry Machinery in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.6 | 23.1 | 44.8 | 1,549 | 344.8% |
Togo | N/A | 31.4 | 291 | 660 | 358.5% |
Germany | 30.9 | 16.4 | 47.7 | 240 | 98.0% |
Poland | 35.4 | 110 | 113 | 183 | 72.9% |
Gabon | N/A | 288 | 8.2 | 170 | -23.2% |
France | 0.1 | 32.0 | 199 | 148 | 1039.6% |
Congo | 0.3 | N/A | 5.7 | 65.9 | 503.4% |
Italy | N/A | 0.3 | 24.5 | 57.2 | 1280.8% |
Oman | 402 | N/A | N/A | 7.7 | -73.2% |
Philippines | N/A | 88.7 | 78.8 | N/A | -11.2% |
China | 91.4 | 7.3 | N/A | N/A | -92.0% |
Guatemala | N/A | 72.4 | N/A | N/A | 0% |
Morocco | N/A | N/A | 187 | N/A | 0% |
Others | 150 | 1,744 | 1,967 | 1,435 | 112.3% |
Total | 728 | 2,413 | 2,966 | 4,516 | 83.7% |
Top Export Markets for Milling Industry Machinery from Belgium in 2022:
- Togo (74.0 units)
- United States (34.0 units)
- Germany (15.0 units)
- France (14.0 units)
- Congo (5.0 units)
- Poland (4.0 units)
- Gabon (4.0 units)
- Italy (3.0 units)
- Oman (1.0 units)
This report provides an in-depth analysis of the milling industry machinery 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 28931300 - Machinery used in the milling industry or for the working of cereals or dried leguminous vegetables (excluding farm-type machinery)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
This report provides an in-depth analysis of the milling industry machinery market in Belgium.
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This report provides an in-depth analysis of the milling industry machinery market in Belgium.
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This report provides an in-depth analysis of the global milling industry machinery market.
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