The Belgian market for pulley tackle and hoists powered by an electric motor skyrocketed to $X in 2021, picking up by X% against the previous year. In general, consumption showed buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
In value terms, production of pulley tackle and hoists powered by an electric motor amounted to $X in 2021 estimated in export price. Overall, production showed a abrupt decline. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2021, production of growth failed to regain momentum.
Belgian exports of electric motor driven pulley tackle and lifts have shrunk considerably to X units in 2021, -X% compared to 2020 figures. However, exports have grown significantly during the reporting period. The most prominent growth rate was in 2017, when exports increased by X%. During the period under review, export volumes peaked at X units in 2020 and then declined significantly the following year.
Exports of electric motor driven pulley tackle and lifts shrunk slightly to $X in value terms in 2021. Overall, exports continued to decline slightly. The most prominent growth rate was in 2017, with an increase of X%. As a result, exports peak at $X. From 2018 to 2021, export growth will remain at a low figure.
Italie (X), France (X units) and the Czech Republic (X units) are the main destinations for Belgian electric pulleys and lifts exports, together accounting for X% of the total exports. These countries are followed by the Pays-bas, Vietnam, Royaume-UNIet Espagne, which together account for X-fold between 2012 and 2021, with the largest increase in Vietnam (+X% CAGR), while the other leaders Cargo volume experienced a relatively moderate growth rate.
In value terms, Spain ($X) remains the main foreign market for electric motor driven pulley tackle and lifts exported by Belgique, accounting for X% of total exports. In second place is the Netherlands ($X), accounting for X% of total exports. This is followed by France with an X% share.
From 2012 to 2021, Spain's average annual growth in value will total +X%. The average annual growth rate of exports to other major destinations is as follows: Netherlands (+X% per annum) and France (+X% per annum).
In 2021, the number of pulley tackle and hoists driven by electric motors imported into Belgium fell to X units, -X% less than the 2020 figure. However, imports grew rapidly during the reporting period. 2020 saw the fastest growth, up X%. As a result, imports peak at X units and then decrease the following year.
Imports of pulley tackle and lifts powered by electric motors will be $X in value terms in 2021. Overall, however, the trend pattern for imports was relatively flat. The pace of growth was most pronounced in 2013, when imports increased by X%. As a result, imports peak at $X. From 2014 to 2021, the growth of imports remains at a low figure.
China (X units), France (X units) and the Netherlands (X units) are the main suppliers of imported electric motor power pulleys and lifts to Belgium, together accounting for X% of total imports. Hong Kong SAR, UK and Italy are slightly behind and together account for a multiple of X between 2012 and 2021, with the largest increase in Hong Kong SAR (+X% CAGR), while the other leaders see more modest purchase growth .
China ($X) is the largest supplier of Electric Pulley Spreaders and Hoists to Belgium by value, accounting for X% of total imports. In second place is France ($X), accounting for X% of total imports. This is followed by the Netherlands with an X% share.
From 2012 to 2021, the average annual growth rate of China's value is +X%. The average annual growth rates of imports for the remaining supplying countries are as follows: France (-X% per annum) and the Netherlands (-X% per annum).
In value terms, China constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Belgium, comprising 24% of total imports. The second position in the ranking was taken by France, with an 11% share of total imports. It was followed by the Netherlands, with a 3.3% share.
In value terms, Spain remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Belgium, comprising 33% of total exports. The second position in the ranking was taken by the Netherlands, with a 12% share of total exports. It was followed by France, with a 6.3% share.
The average export price for pulley tackle and hoists powered by an electric motor stood at $297 per unit in 2021, picking up by 18% against the previous year.
The average import price for pulley tackle and hoists powered by an electric motor stood at $100 per unit in 2021, with an increase of 10% against the previous year.
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