Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $11,766 per ton, declining by -20.7% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 46% against the previous year. The import price peaked at $25,654 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($58,718 per ton), while the price for the Netherlands ($6,962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium (FOB) - 2022

The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $10,502 per ton in 2022, shrinking by -32.6% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 186% against the previous year. Over the period under review, the average export prices attained the maximum at $17,629 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($170,461 per ton), while the average price for exports to India ($2,248 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 China (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium

Imports of machinery; parts of machinery for making or finishing paper or paperboard into Belgium surged to 1.7K tons in 2022, jumping by 39% against 2021. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard rose markedly to $20M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.05.16.96.27.4%
Netherlands3.02.92.73.66.3%
Italy0.60.41.33.172.9%
ChinaN/A0.1N/A2.6409.9%
France1.11.11.20.8-10.1%
United Kingdom0.20.21.50.858.7%
Austria0.80.60.50.5-14.5%
Others1.73.73.92.29.0%
Total12.413.918.019.917.1%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Belgium in 2022:

  1. Germany (622.2 tons)
  2. Netherlands (521.0 tons)
  3. China (193.0 tons)
  4. Italy (140.3 tons)
  5. France (64.2 tons)
  6. Austria (44.5 tons)
  7. United Kingdom (27.9 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of machinery; parts of machinery for making or finishing paper or paperboard, when their volume decreased by -33.9% to 196 tons. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 171%.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard reduced remarkably to $2.1M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 262% against the previous year.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A110216541121.8%
India4.270.522.4257294.1%
Colombia33.376.312923591.8%
France1326504721391.7%
Germany0.1457325130991.4%
Spain35.589.883711849.2%
Australia34.529858783.634.3%
Nigeria6.851.367.153.899.3%
Mexico2165.6N/AN/A-97.4%
Taiwan (Chinese)11.5N/A53.1N/A114.9%
Others3711,2501,91350410.8%
Total8453,0574,6202,06134.6%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Belgium in 2022:

  1. India (114.2 tons)
  2. France (25.1 tons)
  3. Colombia (18.8 tons)
  4. Nigeria (5.7 tons)
  5. Australia (5.6 tons)
  6. Germany (4.1 tons)
  7. Spain (3.5 tons)
  8. Italy (3.2 tons)

Source: IndexBox Market Intelligence Platform

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