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Belgium - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelgium: Wind Powered Generator Market 2024
Wind Powered Generator Market Size in Belgium
For the fourth consecutive year, the Belgian wind powered generator market recorded growth in sales value, which increased by 454% to $X in 2021. Overall, consumption enjoyed significant growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.
Wind Powered Generator Exports
Exports from Belgium
After two years of growth, shipments abroad of wind powered generating sets decreased by -2% to X units in 2021. Over the period under review, exports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2019 with an increase of 9,531%. Over the period under review, the exports attained the peak figure at X units in 2020, and then declined slightly in the following year.
In value terms, wind powered generator exports soared to $X in 2021. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 1,180%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.
Exports by Country
France (X units) was the main destination for wind powered generator exports from Belgium, with a 80% share of total exports. Moreover, wind powered generator exports to France exceeded the volume sent to the second major destination, the Czech Republic (X units), ninefold. The third position in this ranking was held by Germany (X units), with a 5.5% share.
From 2012 to 2021, the average annual growth rate of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (0.0% per year) and Germany (+6.6% per year).
In value terms, France ($X) remains the key foreign market for wind powered generating sets exports from Belgium, comprising 91% of total exports. The second position in the ranking was held by South Africa ($X), with a 5.9% share of total exports. It was followed by the Czech Republic, with a 0.3% share.
From 2012 to 2021, the average annual growth rate of value to France stood at +21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+63.6% per year) and the Czech Republic (0.0% per year).
Export Prices by Country
In 2021, the average wind powered generator export price amounted to $X per unit, growing by 132% against the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 1,415%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+14,939.5%), while the prices for the other major destinations experienced mixed trend patterns.
Wind Powered Generator Imports
Imports into Belgium
For the fourth year in a row, Belgium recorded growth in overseas purchases of wind powered generating sets, which increased by 202% to X units in 2021. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by 946% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, wind powered generator imports dropped remarkably to $X in 2021. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 1,548% against the previous year. Imports peaked at $X in 2020, and then contracted significantly in the following year.
Imports by Country
India (X units), China (X units) and Denmark (X units) were the main suppliers of wind powered generator imports to Belgium, together comprising 99% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +146.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), India ($X) and Denmark ($X) appeared to be the largest wind powered generator suppliers to Belgium, with a combined 100% share of total imports.
India, with a CAGR of +81.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average wind powered generator import price stood at $X per unit in 2021, reducing by -93.2% against the previous year. In general, the import price, however, posted a notable expansion. The most prominent rate of growth was recorded in 2017 an increase of 255%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wind powered generator 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 28112400 - Generating sets, wind-powered
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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