Price for Tugs and Pusher Craft in Belgium - 2023

Contents:

  1. Price for Tugs and Pusher Craft in Belgium (CIF) - 2022
  2. Price for Tugs and Pusher Craft in Belgium (FOB) - 2022
  3. Imports of Tugs and Pusher Craft in Belgium
  4. Exports of Tugs and Pusher Craft in Belgium

Price for Tugs and Pusher Craft in Belgium (CIF) - 2022

The average tugs and pusher craft import price stood at $1,839,681 per unit in 2022, picking up by 232% against the previous year. Overall, the import price showed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,216,068 per unit), while the price for Luxembourg ($83,163 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tugs and Pusher Craft in Belgium (FOB) - 2022

In 2022, the average tugs and pusher craft export price amounted to $882,091 per unit, jumping by 404% against the previous year. Overall, the export price, however, faced a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $3,803,600 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Netherlands ($2,713,964 per unit), while the average price for exports to France ($242,771 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 Germany (+17.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tugs and Pusher Craft in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of tugs and pusher crafts, when their volume decreased by -84.1% to 114 units. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 1,832%. As a result, imports attained the peak of 715 units, and then dropped markedly in the following year.

In value terms, tugs and pusher craft imports contracted remarkably to $210M in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,604% against the previous year. As a result, imports reached the peak of $396M, and then declined significantly in the following year.

Import of Tugs and Pusher Craft in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A1850%
ChinaN/AN/AN/A7.50%
Netherlands9.917.13466.2-14.4%
NorwayN/AN/AN/A4.70%
MauritaniaN/AN/AN/A3.40%
Luxembourg0.91.348.21.826.0%
France0.31.80.60.732.6%
Others13.13.11.8N/A-62.9%
Total24.223.3396210105.5%

Top Suppliers of Tugs and Pusher Craft to Belgium in 2022:

  1. South Korea (30.0 units)
  2. Luxembourg (21.0 units)
  3. Mauritania (15.0 units)
  4. China (15.0 units)
  5. Norway (15.0 units)
  6. Netherlands (14.0 units)
  7. France (4.0 units)

Exports of Tugs and Pusher Craft in Belgium

Tugs and pusher craft exports from Belgium shrank significantly to 1 units in 2022, declining by -50% compared with 2021. In general, exports showed a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 100%. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, tugs and pusher craft exports surged to $882K in 2022. Overall, exports showed a sharp contraction. Over the period under review, the exports attained the maximum at $12M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Tugs and Pusher Craft in Belgium (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Democratic Republic of the CongoN/A0.10.4300.0%
Netherlands10.61.2N/A-88.7%
France0.5N/AN/A0%
Others0.8N/AN/A0%
Total11.91.30.4-81.7%

Top Export Markets for Tugs and Pusher Craft from Belgium in 2022:

  1. Democratic Republic of the Congo (2.0 units)

Source: IndexBox Market Intelligence Platform

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