Belgium - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRide-On Compaction Equipment Price in Belgium - 2023
Contents:
- Ride-On Compaction Equipment Price in Belgium (FOB) - 2022
- Ride-On Compaction Equipment Price in Belgium (CIF) - 2023
- Ride-On Compaction Equipment Exports in Belgium
- Ride-On Compaction Equipment Imports in Belgium
Ride-On Compaction Equipment Price in Belgium (FOB) - 2022
In 2022, the average ride-on compaction equipment export price amounted to $12,638 per unit, reducing by -18.3% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of 36% against the previous year. The export price peaked at $27,655 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($31,999 per unit), while the average price for exports to Portugal ($5,282 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 Luxembourg (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ride-On Compaction Equipment Price in Belgium (CIF) - 2023
In July 2023, the average ride-on compaction equipment import price amounted to $52,664 per unit, growing by 28% against the previous month. Overall, the import price showed a prominent increase. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 125% m-o-m. Over the period under review, average import prices reached the maximum in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was India ($94,354 per unit), while the price for Australia ($10,411 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Australia (+73.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ride-On Compaction Equipment Exports in Belgium
In 2022, overseas shipments of ride-on compaction equipment decreased by -52.7% to 989 units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 214%. As a result, the exports attained the peak of 2.3K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ride-on compaction equipment exports shrank dramatically to $12M in 2022. In general, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 123%. The exports peaked at $32M in 2021, and then reduced markedly in the following year.
Export of Ride-On Compaction Equipment in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 0.3 | 2.5 | 6.3 | 1.9 | 85.0% |
France | 1.2 | 2.2 | 2.9 | 1.8 | 14.5% |
Portugal | N/A | 0.4 | 0.3 | 1.6 | 100.0% |
Germany | 0.7 | 0.8 | 1.5 | 1.4 | 26.0% |
Ghana | 0.3 | 0.9 | 0.8 | 1.1 | 54.2% |
Netherlands | 1.0 | 2.0 | 2.7 | 0.8 | -7.2% |
Angola | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
United States | 0.2 | 0.3 | 1.9 | 0.4 | 26.0% |
Democratic Republic of the Congo | N/A | N/A | 1.0 | 0.3 | -70.0% |
Luxembourg | 0.1 | 0.1 | 0.5 | 0.2 | 26.0% |
Senegal | 2.7 | 0.8 | 0.8 | N/A | -45.6% |
United Kingdom | 1.3 | 1.2 | N/A | N/A | -7.7% |
Others | 6.6 | 20.8 | 13.3 | 2.3 | -29.6% |
Total | 14.4 | 32.2 | 32.4 | 12.5 | -4.6% |
Top Export Markets for Ride-On Compaction Equipment from Belgium in 2022:
- Portugal (312.0 units)
- Germany (196.0 units)
- France (88.0 units)
- Netherlands (60.0 units)
- Cote d'Ivoire (59.0 units)
- Ghana (45.0 units)
- Luxembourg (35.0 units)
- United States (26.0 units)
- Angola (24.0 units)
- Democratic Republic of the Congo (20.0 units)
- United Kingdom (1.0 units)
- Senegal (1.0 units)
Ride-On Compaction Equipment Imports in Belgium
After three years of growth, supplies from abroad of ride-on compaction equipment decreased by -53% to 1.2K units in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 148%. Over the period under review, imports hit record highs at 2.5K units in 2021, and then plummeted in the following year.
In value terms, ride-on compaction equipment imports declined rapidly to $12M in 2022. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 93%. Imports peaked at $23M in 2021, and then fell significantly in the following year.
Import of Ride-On Compaction Equipment in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.7 | 5.6 | 8.2 | 3.1 | -13.0% |
Germany | 1.8 | 4.4 | 4.2 | 2.9 | 17.2% |
Sweden | 0.4 | 1.7 | 2.0 | 1.6 | 58.7% |
Czech Republic | 0.5 | 1.5 | 2.2 | 1.1 | 30.1% |
United Kingdom | 0.4 | 1.0 | 0.5 | 0.9 | 31.0% |
France | 0.3 | 2.1 | 1.2 | 0.7 | 32.6% |
Netherlands | 0.5 | 1.0 | 1.3 | 0.5 | 0.0% |
Italy | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
Others | 1.0 | 1.6 | 3.5 | 0.8 | -7.2% |
Total | 9.9 | 19.1 | 23.1 | 11.7 | 5.7% |
Top Suppliers of Ride-On Compaction Equipment to Belgium in 2022:
- Germany (632.0 units)
- China (184.0 units)
- Sweden (116.0 units)
- United Kingdom (68.0 units)
- France (45.0 units)
- Czech Republic (44.0 units)
- Netherlands (34.0 units)
- Italy (8.0 units)
This report provides an in-depth analysis of the ride-on compaction equipment market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28922400 - Ride-on compaction equipment and the like
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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