Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium (CIF) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium (FOB) - 2022
3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium
4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium (CIF) - 2022

In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $23,274 per unit, which is down by -42.5% against the previous year. Overall, the import price saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when the average import price decreased by -29.2%. The import price peaked at $57,091 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 China ($23,984 per unit), while the price for the Netherlands ($42 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (-16.9%), while the prices for the other major suppliers experienced a decline.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $23,626 per unit in 2022, picking up by 56% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 338%. Over the period under review, the average export prices reached the maximum at $81,662 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($55,611 per unit), while the average price for exports to Cyprus ($184 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 (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium

Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Belgium soared to 134 units in 2022, with an increase of 148% compared with the year before. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $3.1M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 355% against the previous year. As a result, imports attained the peak of $4.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Belgium in 2022:

1. China (108.0 units)
2. France (16.0 units)
3. Germany (6.0 units)
4. Netherlands (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Belgium

After three years of growth, overseas shipments of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -52.7% to 53 units in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 375%. The exports peaked at 112 units in 2021, and then shrank remarkably in the following year.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses reduced markedly to $1.3M in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 418% against the previous year. As a result, the exports attained the peak of $3.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Belgium in 2022:

1. Mexico (46.0 units)
2. Germany (3.0 units)
3. Italy (1.0 units)
4. Poland (1.0 units)
5. France (1.0 units)
6. Cyprus (1.0 units)

Source: IndexBox Market Intelligence Platform