Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium (FOB) - 2023
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium (CIF) - 2022
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium (FOB) - 2023
In November 2023, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $171K per ton, reducing by -17.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 29% m-o-m. Over the period under review, the average export prices reached the maximum at $207K per ton in October 2023, and then plummeted in the following month.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Brazil ($467K per ton), while the average price for exports to India ($48,061 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium (CIF) - 2022
The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $106,042 per ton in 2022, shrinking by -31.8% against the previous year. Overall, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 80% against the previous year. Over the period under review, average import prices attained the peak figure at $155,530 per ton in 2021, and then fell rapidly 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 Israel ($431,423 per ton), while the price for China ($14,418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium
In 2022, shipments abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -2.3% to 952 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports reached the peak of 975 tons, and then shrank in the following year.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses plummeted to $122M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 46% against the previous year.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.9 | 22.4 | 28.5 | 20.3 | 16.3% |
| Netherlands | 2.0 | 4.5 | 5.8 | 20.0 | 115.4% |
| Italy | 8.3 | 15.9 | 21.0 | 13.5 | 17.6% |
| France | 11.3 | 12.7 | 15.2 | 9.2 | -6.6% |
| United Kingdom | 3.6 | 7.0 | 7.9 | 6.7 | 23.0% |
| India | 0.8 | 0.9 | 1.2 | 6.2 | 97.9% |
| Sweden | 6.4 | 6.8 | 10.0 | 5.2 | -6.7% |
| Poland | 1.7 | 4.8 | 5.9 | 4.7 | 40.4% |
| Czech Republic | 2.2 | 5.1 | 5.7 | 4.6 | 27.9% |
| Spain | 2.3 | 5.0 | 5.8 | 4.1 | 21.3% |
| United States | 18.6 | 13.8 | 17.7 | 2.4 | -49.5% |
| Others | 18.3 | 30.4 | 36.8 | 25.1 | 11.1% |
| Total | 88.5 | 129 | 161 | 122 | 11.3% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Belgium in 2022:
- France (192.7 tons)
- Germany (159.2 tons)
- Netherlands (134.6 tons)
- India (95.1 tons)
- Italy (94.2 tons)
- Sweden (34.8 tons)
- United Kingdom (31.5 tons)
- Poland (28.1 tons)
- Czech Republic (24.9 tons)
- Spain (24.4 tons)
- United States (11.0 tons)
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium
In 2022, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Belgium contracted slightly to 1K tons, dropping by -4.9% against 2021. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 31%.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses declined markedly to $108M in 2022. In general, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of $166M, and then contracted significantly in the following year.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | 39.4 | 53.3 | 51.0 | 13.8% |
| Japan | 0.3 | 6.3 | 9.2 | 11.5 | 237.2% |
| India | 12.5 | 6.1 | 10.6 | 10.3 | -6.2% |
| South Korea | 0.4 | 7.3 | 8.3 | 8.1 | 172.6% |
| Germany | 7.8 | 7.4 | 7.0 | 5.9 | -8.9% |
| Netherlands | 7.4 | 5.5 | 6.4 | 4.0 | -18.5% |
| China | 2.3 | 2.6 | 3.8 | 3.4 | 13.9% |
| Italy | 7.3 | 6.8 | 7.9 | 3.1 | -24.8% |
| France | 32.5 | 18.9 | 26.9 | 2.5 | -57.5% |
| Sweden | 21.1 | 11.9 | 23.7 | 2.1 | -53.7% |
| United States | 1.5 | 2.0 | 1.7 | 1.2 | -7.2% |
| Others | 7.3 | 5.9 | 7.5 | 4.8 | -13.0% |
| Total | 100 | 120 | 166 | 108 | 2.6% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Belgium in 2022:
- China (233.5 tons)
- Japan (157.0 tons)
- Israel (118.1 tons)
- Germany (93.3 tons)
- India (92.9 tons)
- Netherlands (64.1 tons)
- Italy (48.2 tons)
- United States (42.8 tons)
- South Korea (37.9 tons)
- France (23.1 tons)
- Sweden (11.9 tons)
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