Price for Navigational Instruments and Appliances; Parts and Accessories in Belgium - 2023
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Belgium (FOB) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Belgium (CIF) - 2022
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Belgium
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Belgium
Price for Navigational Instruments and Appliances; Parts and Accessories in Belgium (FOB) - 2022
The average export price for navigational instruments and appliances; parts and accessorieses stood at $295,576 per ton in 2022, with a decrease of -8.3% against the previous year. Over the period under review, the export price showed a slight contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 85% against the previous year. As a result, the export price attained the peak level of $1,537 per kg. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,798,275 per ton), while the average price for exports to Spain ($49,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Belgium (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $274,818 per ton, falling by -36.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 54% against the previous year. The import price peaked at $637,381 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($4,192,167 per ton), while the price for China ($56,375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Navigational Instruments and Appliances; Parts and Accessories in Belgium
Exports of navigational instruments and appliances; parts and accessorieses from Belgium soared to 7.3 tons in 2022, picking up by 22% on the previous year. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 146%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of navigational instruments and appliances; parts and accessorieses expanded significantly to $2.2M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 162%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 245 | 172 | 176 | 803 | 48.5% |
| United Arab Emirates | 64.7 | 67.1 | 27.7 | 274 | 61.8% |
| United Kingdom | 0.1 | 9.5 | 353 | 232 | 1223.8% |
| France | N/A | 6.1 | 83.6 | 189 | 456.6% |
| Luxembourg | 0.1 | 0.2 | 0.1 | 167 | 1086.4% |
| Singapore | 13.7 | 97.5 | 589 | 150 | 122.1% |
| Netherlands | 88.0 | 15.0 | 357 | 50.2 | -17.1% |
| Germany | N/A | 28.0 | 98.1 | 38.3 | 17.0% |
| Norway | 81.2 | N/A | 35.9 | 36.5 | -23.4% |
| Italy | 0.4 | 6.7 | 26.8 | 25.0 | 296.9% |
| Japan | 23.3 | 32.5 | 15.6 | 5.1 | -39.7% |
| Hungary | N/A | 9.9 | 21.1 | N/A | 113.1% |
| Others | 600 | 295 | 148 | 194 | -31.4% |
| Total | 1,116 | 739 | 1,932 | 2,165 | 24.7% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Belgium in 2022:
- France (2737.0 kg)
- Luxembourg (2445.0 kg)
- United Arab Emirates (437.0 kg)
- Italy (310.0 kg)
- United States (287.0 kg)
- Germany (222.0 kg)
- Singapore (196.0 kg)
- United Kingdom (137.0 kg)
- Netherlands (71.0 kg)
- Norway (26.0 kg)
- Japan (18.0 kg)
Imports of Navigational Instruments and Appliances; Parts and Accessories in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of navigational instruments and appliances; parts and accessorieses, when their volume decreased by -55.7% to 7.3 tons. Over the period under review, imports, however, continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, imports reached the peak of 16 tons, and then shrank markedly in the following year.
In value terms, imports of navigational instruments and appliances; parts and accessorieses declined sharply to $2M in 2022. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 99%.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 694 | 628 | 764 | 791 | 4.5% |
| Netherlands | 108 | 178 | 1,124 | 300 | 40.6% |
| China | 8.9 | 57.0 | 231 | 254 | 205.6% |
| United States | 989 | 3,818 | 2,060 | 232 | -38.3% |
| Japan | 200 | 141 | 159 | 78.3 | -26.8% |
| Norway | 19.5 | 96.9 | 175 | 75.5 | 57.0% |
| France | 394 | 61.4 | 264 | 40.9 | -53.0% |
| Denmark | 126 | 83.6 | 49.1 | 29.4 | -38.4% |
| Singapore | N/A | 228 | 26.3 | 8.2 | -81.0% |
| Others | 269 | 303 | 2,275 | 192 | -10.6% |
| Total | 2,809 | 5,594 | 7,126 | 2,002 | -10.7% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Belgium in 2022:
- China (4510.0 kg)
- Netherlands (662.0 kg)
- Germany (538.0 kg)
- Norway (428.0 kg)
- Denmark (296.0 kg)
- United States (245.0 kg)
- Japan (211.0 kg)
- France (102.0 kg)
- Singapore (46.0 kg)
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