![Belgium - Thermostats - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/belgium-thermostats-market-analysis-forecast-size-trends-and-insights.webp)
Belgium - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingThermostat Price in Belgium - 2023
Contents:
- Thermostat Price in Belgium (CIF) - 2023
- Thermostat Price in Belgium (FOB) - 2023
- Thermostat Imports in Belgium
- Thermostat Exports in Belgium
Thermostat Price in Belgium (CIF) - 2023
The average thermostat import price stood at $6.2 per unit in June 2023, with a decrease of -9.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 46% month-to-month. As a result, import price attained the peak level of $8.4 per unit. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($10.6 per unit), while the price for Poland ($726 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Price in Belgium (FOB) - 2023
In June 2023, the average thermostat export price amounted to $4.3 per unit, with a decrease of -19.5% against the previous month. Overall, the export price saw a slight descent. The most prominent rate of growth was recorded in October 2022 an increase of 14% m-o-m. The export price peaked at $5.4 per unit in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($15.6 per unit), while the average price for exports to the Czech Republic ($1.7 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in Belgium
In 2022, after three years of growth, there was decline in supplies from abroad of thermostats, when their volume decreased by -4.5% to 3.5M units. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 3.6M units, and then declined in the following year.
In value terms, thermostat imports rose sharply to $91M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Thermostat in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.5 | 15.4 | 23.1 | 33.9 | 32.7% |
Germany | 20.2 | 22.8 | 29.1 | 23.3 | 4.9% |
France | 3.2 | 5.6 | 6.8 | 7.9 | 35.2% |
Netherlands | 2.5 | 3.8 | 5.4 | 6.7 | 38.9% |
Italy | 3.5 | 3.8 | 4.2 | 3.3 | -1.9% |
Poland | 0.2 | 0.5 | 1.8 | 2.0 | 115.4% |
Japan | 8.0 | 5.3 | 4.0 | 1.8 | -39.2% |
Czech Republic | 1.4 | 1.1 | 0.9 | 0.6 | -24.6% |
Others | 5.5 | 9.3 | 9.2 | 11.9 | 29.3% |
Total | 58.9 | 67.5 | 84.4 | 91.4 | 15.8% |
Top Suppliers of Thermostat to Belgium in 2022:
- China (1918.9K units)
- Germany (465.0K units)
- France (331.5K units)
- Italy (217.8K units)
- Poland (104.0K units)
- Netherlands (100.5K units)
- Japan (76.9K units)
- Czech Republic (37.4K units)
Thermostat Exports in Belgium
In 2022, thermostat exports from Belgium reduced dramatically to 2.3M units, shrinking by -19.2% on 2021. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of 2.8M units, and then declined notably in the following year.
In value terms, thermostat exports surged to $49M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 41% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
Export of Thermostat in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 3.1 | 3.9 | 6.6 | 7.7 | 35.4% |
Germany | 1.2 | 1.9 | 3.6 | 6.4 | 74.7% |
France | 3.4 | 4.2 | 5.4 | 5.8 | 19.5% |
Italy | 2.5 | 2.3 | 3.2 | 3.0 | 6.3% |
United States | 0.3 | 1.2 | 1.4 | 2.8 | 110.5% |
Poland | 1.2 | 1.5 | 2.8 | 2.7 | 31.0% |
Egypt | N/A | N/A | 0.3 | 2.5 | 733.3% |
Spain | 1.1 | 1.0 | 1.4 | 1.9 | 20.0% |
United Kingdom | 0.9 | 1.3 | 1.6 | 1.8 | 26.0% |
Turkey | 0.7 | 1.0 | 0.9 | 1.1 | 16.3% |
Brazil | 0.6 | 0.8 | 0.7 | 0.8 | 10.1% |
Russia | 1.2 | 1.5 | 2.1 | 0.8 | -12.6% |
Hungary | 0.4 | 0.5 | 0.7 | 0.6 | 14.5% |
Others | 5.3 | 9.3 | 11.0 | 11.4 | 29.1% |
Total | 21.9 | 30.8 | 41.8 | 49.3 | 31.1% |
Top Export Markets for Thermostat from Belgium in 2022:
- France (308.2K units)
- United States (254.4K units)
- Germany (216.5K units)
- Poland (191.7K units)
- Italy (171.5K units)
- Netherlands (156.1K units)
- Egypt (127.3K units)
- Spain (103.2K units)
- Turkey (79.9K units)
- Brazil (74.9K units)
- Russia (58.2K units)
- United Kingdom (48.1K units)
- Hungary (46.5K units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the thermostat market in Belgium.
This report provides an in-depth analysis of the hydraulic automatic regulators market in Belgium.
This report provides an in-depth analysis of the manostat market in Belgium.
This report provides an in-depth analysis of the styrene-acrylonitrile market in Belgium.
This report provides an in-depth analysis of the styrene-acrylonitrile copolymers market in Belgium.
This report provides an in-depth analysis of the trichloroethylene and tetrachloroethylene market in Belgium.
This report provides an in-depth analysis of the vinyl chloride market in Belgium.
This report provides an in-depth analysis of the market for unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) in Belgium.
This report provides an in-depth analysis of the global thermostat market.
This report provides an in-depth analysis of the global hydraulic automatic regulators market.
Global thermostat market is expected to show consistent growth over the next seven years, with anticipated increases in both volume and value. Key consuming and producing countries, as well as import and export trends, are analyzed.
Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
Explore the top import markets for vinyl chloride around the world, including China, Colombia, Vietnam, India, and others. Learn about the key players driving the demand for PVC.
Global thermostat market is expected to show consistent growth over the next seven years, with anticipated increases in both volume and value. Key consuming and producing countries, as well as import and export trends, are analyzed.
Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...