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Belgium - Safety Seat Belts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Seat Belt Price in Belgium - 2023
Contents:
- Safety Seat Belt Price in Belgium (CIF) - 2023
- Safety Seat Belt Price in Belgium (FOB) - 2023
- Safety Seat Belt Imports in Belgium
- Safety Seat Belt Exports in Belgium
Safety Seat Belt Price in Belgium (CIF) - 2023
The average safety seat belt import price stood at $11.2 per unit in July 2023, growing by 12% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 35% against the previous month. Over the period under review, average import prices reached the maximum in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($17.0 per unit), while the price for Romania ($7.0 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 Poland (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Seat Belt Price in Belgium (FOB) - 2023
The average safety seat belt export price stood at $21.6 per unit in July 2023, growing by 13% against the previous month. Over the period under review, export price indicated a noticeable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, safety seat belt export price increased by +52.9% against April 2023 indices. The pace of growth was the most pronounced in October 2022 when the average export price increased by 44% against the previous month. The export price peaked at $24.5 per unit in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the UK ($62.4 per unit), while the average price for exports to Poland ($7.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Seat Belt Imports in Belgium
In 2022, after two years of decline, there was significant growth in overseas purchases of safety seat belts, when their volume increased by 15% to 2.9M units. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at 2.9M units in 2019; afterwards, it flattened through to 2022.
In value terms, safety seat belt imports shrank to $32M in 2022. In general, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 3.9% against the previous year. As a result, imports reached the peak of $37M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Safety Seat Belt in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 13.2 | 15.4 | 13.6 | 13.0 | -0.5% |
Poland | 7.4 | 7.2 | 7.7 | 7.3 | -0.5% |
Romania | 7.0 | 7.0 | 7.3 | 6.3 | -3.5% |
Germany | 2.0 | 1.3 | 1.1 | 1.0 | -20.6% |
United Kingdom | 1.0 | 0.8 | 0.7 | 0.6 | -15.7% |
Czech Republic | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
Sweden | 0.9 | 1.5 | 1.0 | 0.2 | -39.4% |
Others | 3.2 | 3.3 | 3.7 | 3.6 | 4.0% |
Total | 35.3 | 36.6 | 35.3 | 32.4 | -2.8% |
Top Suppliers of Safety Seat Belt to Belgium in 2022:
- Hungary (1036.7K units)
- Romania (786.4K units)
- Poland (706.2K units)
- Germany (104.9K units)
- Czech Republic (77.4K units)
- United Kingdom (42.1K units)
- Sweden (10.2K units)
Safety Seat Belt Exports in Belgium
For the third year in a row, Belgium recorded decline in shipments abroad of safety seat belts, which decreased by -8.3% to 684K units in 2022. Overall, exports showed a abrupt contraction. The exports peaked at 1.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, safety seat belt exports fell to $13M in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The smallest decline of -9.6% was in 2021. The exports peaked at $18M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Safety Seat Belt in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.0 | 5.3 | 2.9 | 3.3 | -25.6% |
Germany | 0.7 | 1.2 | 1.3 | 1.3 | 22.9% |
United States | 3.6 | 3.3 | 2.0 | 1.2 | -30.7% |
France | 0.7 | 1.0 | 1.3 | 1.1 | 16.3% |
Malaysia | 0.7 | 0.7 | 1.2 | 1.0 | 12.6% |
United Kingdom | 1.0 | 1.0 | 0.9 | 0.7 | -11.2% |
Spain | 0.5 | 0.6 | 0.8 | 0.7 | 11.9% |
Netherlands | 0.4 | 0.4 | 0.7 | 0.6 | 14.5% |
Austria | 0.2 | 0.4 | 0.4 | 0.5 | 35.7% |
Australia | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
Poland | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
Others | 2.0 | 2.0 | 2.8 | 2.1 | 1.6% |
Total | 18.3 | 16.5 | 14.9 | 13.0 | -10.8% |
Top Export Markets for Safety Seat Belt from Belgium in 2022:
- China (244.1K units)
- United States (114.9K units)
- Malaysia (89.2K units)
- France (33.7K units)
- Poland (30.0K units)
- Germany (27.3K units)
- Spain (25.3K units)
- Netherlands (19.4K units)
- Austria (16.2K units)
- Australia (11.3K units)
- United Kingdom (10.3K units)
This report provides an in-depth analysis of the safety seat belt 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 29322030 - Safety seat belts
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
-
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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