Pumps; Parts Thereof Price in Belgium - 2023
Contents:
- Pumps; Parts Thereof Price in Belgium (CIF) - 2023
- Pumps; Parts Thereof Price in Belgium (FOB) - 2022
- Pumps; Parts Thereof Imports in Belgium
- Pumps; Parts Thereof Exports in Belgium
Pumps; Parts Thereof Price in Belgium (CIF) - 2023
In June 2023, the average pumps; parts thereof import price amounted to $29,728 per ton, falling by -22.9% against the previous month. In general, the import price, however, posted a temperate increase. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 52% against the previous month. Over the period under review, average import prices hit record highs at $38,575 per ton in May 2023, and then shrank dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($79,829 per ton), while the price for Turkey ($7,813 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in Belgium (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $36,348 per ton, picking up by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2013 an increase of 43% against the previous year. Over the period under review, the average export prices reached the peak figure at $43,252 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($106,617 per ton), while the average price for exports to the Netherlands ($14,810 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 Germany (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Imports in Belgium
After three years of growth, supplies from abroad of pumps; parts thereoves decreased by -17.5% to 12K tons in 2022. Overall, imports showed a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 7.5%. As a result, imports reached the peak of 14K tons, and then reduced notably in the following year.
In value terms, pumps; parts thereof imports contracted sharply to $231M in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports reached the peak of $314M, and then fell markedly in the following year.
Import of Pumps; Parts Thereof in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 58.3 | 53.0 | 64.1 | 52.7 | -3.3% |
Germany | 42.3 | 51.8 | 56.0 | 37.0 | -4.4% |
France | 25.0 | 43.7 | 39.1 | 31.9 | 8.5% |
United States | 31.6 | 26.2 | 31.8 | 24.0 | -8.8% |
Czech Republic | 28.3 | 25.4 | 26.2 | 18.9 | -12.6% |
Japan | 10.9 | 9.0 | 20.0 | 16.7 | 15.3% |
China | 8.7 | 7.8 | 10.4 | 9.8 | 4.0% |
Italy | 8.8 | 12.1 | 13.3 | 7.1 | -6.9% |
Poland | 29.2 | 17.4 | 17.7 | 5.5 | -42.7% |
Switzerland | 7.4 | 5.9 | 5.8 | 3.7 | -20.6% |
United Kingdom | 6.8 | 8.5 | 3.9 | 3.3 | -21.4% |
Luxembourg | 1.1 | 0.7 | 0.7 | 1.4 | 8.4% |
Others | 25.1 | 22.1 | 24.8 | 18.6 | -9.5% |
Total | 283 | 284 | 314 | 231 | -6.5% |
Top Suppliers of Pumps; Parts Thereof to Belgium in 2022:
- Netherlands (4917.4 tons)
- Germany (1183.0 tons)
- France (1056.1 tons)
- Czech Republic (821.8 tons)
- China (770.4 tons)
- Japan (487.2 tons)
- United States (423.3 tons)
- Poland (417.3 tons)
- Luxembourg (319.3 tons)
- Italy (317.9 tons)
- Switzerland (202.4 tons)
- United Kingdom (185.8 tons)
Pumps; Parts Thereof Exports in Belgium
After three years of growth, shipments abroad of pumps; parts thereoves decreased by -38.2% to 3.7K tons in 2022. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year.
In value terms, pumps; parts thereof exports dropped markedly to $134M in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 11%.
Export of Pumps; Parts Thereof in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 30.3 | 26.2 | 29.9 | 20.1 | -12.8% |
Netherlands | 22.7 | 22.0 | 25.3 | 16.7 | -9.7% |
France | 14.2 | 15.5 | 20.1 | 13.4 | -1.9% |
United States | 12.2 | 14.2 | 16.0 | 13.0 | 2.1% |
Germany | 13.0 | 13.0 | 16.2 | 11.8 | -3.2% |
Poland | 31.0 | 23.8 | 23.3 | 7.6 | -37.4% |
Italy | 7.5 | 9.1 | 10.6 | 7.4 | -0.4% |
Spain | 5.6 | 6.6 | 9.0 | 6.3 | 4.0% |
Luxembourg | 2.6 | 2.1 | 1.1 | 3.3 | 8.3% |
Switzerland | 2.6 | 0.6 | 0.5 | 2.7 | 1.3% |
United Kingdom | 6.4 | 7.1 | 2.7 | 2.5 | -26.9% |
China | 8.1 | 9.8 | 6.9 | 1.8 | -39.4% |
United Arab Emirates | 1.1 | 3.4 | 2.8 | 0.3 | -35.2% |
Others | 33.9 | 59.0 | 48.4 | 27.5 | -6.7% |
Total | 191 | 213 | 213 | 134 | -11.1% |
Top Export Markets for Pumps; Parts Thereof from Belgium in 2022:
- Netherlands (1124.5 tons)
- Japan (501.2 tons)
- France (474.3 tons)
- United States (286.4 tons)
- Poland (264.5 tons)
- Germany (133.1 tons)
- Luxembourg (124.4 tons)
- Italy (90.5 tons)
- United Kingdom (65.8 tons)
- Switzerland (59.3 tons)
- Spain (59.0 tons)
- United Arab Emirates (34.5 tons)
- China (20.3 tons)
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