From January to October 2021, the bilateral import and export volume of goods between China and Belgia was US$31,706.43 million, an increase of US$9,248.9519 million compared with the same period in 2020, a year-on-year increase of 41.5%.
From January to October 2021, the total value of China's exports to Belgium was US$24,735,647,100, an increase of US$8,525,631,100 compared with the same period in 2020, a year-on-year increase of 52.9%; the total value of China's imports from Belgium was US$6,970,786,800, compared with 2020. During the same period, it increased by 723.3208 million US dollars, an increase of 11.9% year-on-year.
As a European country, Belgium has good exchanges with China in economic and trade exchanges. Due to the strong European manufacturing industry, there is a relatively large resistance for Dongqi Crane to launch crane sales in Belgium. In the past 2021, Dongqi Crane has reached a total of 3 crane cooperation projects with Belgian customers. In order to keep up with the growth rate of the trade scale between China and Belgium, Dongqi Crane needs to study the changes in the crane market in Belgium at any time. This article will study the possible development trends of the Belgian crane market in 2022 based on the Belgian overhead crane market size
Before we start discussing the aerial crane market in Belgian, we have a few small questions that need to be answered first. Let’s take a look
The Belgian overhead crane market declined slightly to $X in 2020, essentially unchanged from the previous year. However, consumption recorded a relatively flat trend pattern during the period under review. The most significant growth rate occurred in 2016, with a year-on-year increase of X%. As a result, consumption reaches a peak level of X dollars. From 2017 to 2020, the market growth rate remained at a low level.
In value terms, the production of overhead cranes in 2020 is estimated to have shrunk to $X at export prices. Overall, however, production continued to show a relatively flat trend pattern. The most significant growth rate occurred in 2013, when production increased by X% over the previous year. Overhead crane production peaked at $X in 2017; however, from 2018 to 2020, production remained low.
In 2020, Belgian bridge crane exports fell to X units, down -X% compared to 2019. Overall, exports have fallen significantly. The fastest growth rate in 2017, an increase of X% year-on-year. Exports peaked at X units in 2009; however, from 2010 to 2020, export figures were slightly lower.
In value terms, 2020 bridge crane exports fell sharply to $X. Overall, exports continued to show a sharp downward trend. The fastest growth rate in 2017, with a year-on-year increase of X%. Exports peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain momentum.
Egypt (X units) is the main destination for Belgian bridge crane exports, accounting for X% of total exports. In addition, three times as many overhead cranes were exported to Egypt as to Poland (X units), the second main destination. Third in the ranking is Germany (X units) with an X% share.
From 2007 to 2020, the average annual growth rate of cargo volumes to Egypt was +X%. Exports to other major destinations recorded the following average annual export growth rates: Poland (+X% per annum) and Germany (+X% per annum).
In value terms, Suriname ($X), the Amerika Serikat ($X) and Algeria ($X) appear to be the largest markets for Belgium's global exports of overhead cranes, together accounting for X% of total exports. Poland, Egypt, Norway, Taiwan (China), Germany, Côte d’Ivoire and Guinea are slightly behind, and X d’Ivoire (+ X% per annum) has the highest growth in export value, with the main destination countries’ Freight volumes have grown more slowly.
In 2020, foreign purchases of fixed-support overhead cranes increased by X% to X units, the second consecutive year of growth after two years of decline. Overall, however, imports fell suddenly. In 2012, the growth rate was the fastest, with an increase of X% over the previous year. During the period under review, imports reached a maximum of X units in 2008; however, from 2009 to 2020, imports have remained low.
Imports of overhead cranes rose significantly to $X in 2020 by value. However, during the period under review, import volumes faced a sharp decline. The most significant growth rate occurred in 2012, with an X% year-on-year increase. During the period under review, imports peaked at $X in 2008; however, from 2009 to 2020, import figures were slightly lower.
Germany (X units), Luxembourg (X units) and the Netherlands (X units) are the main suppliers of bridge crane imports in Belgium, together accounting for X% of total imports. This is followed by Turkey, the Inggris, China and Prancis, which have seen further increases in purchases from 2007 to 2020. Among the major suppliers, Turkey has recorded the most significant growth in purchases, while imports are the other leaders. experienced a mixed trend pattern.
By value, Belgium's largest suppliers of overhead cranes are Germany ($X), Netherlands ($X) and Luxembourg ($X), with X% of total imports. Among the major suppliers, Luxembourg experienced the highest growth in the value of imports during the period under review, while sourcing from other leading countries showed a mixed trend.
In 2020, foreign purchases of fixed-support overhead cranes increased by X% to X units, the second consecutive year of growth after two years of decline. Overall, however, imports fell suddenly. In 2012, the growth rate was the fastest, with an increase of X% over the previous year. During the period under review, imports reached a maximum of X units in 2008; however, from 2009 to 2020, imports have remained low.
Imports of overhead cranes rose significantly to $X in 2020 by value. However, during the period under review, import volumes faced a sharp decline. The most significant growth rate occurred in 2012, with an X% year-on-year increase. During the period under review, imports peaked at $X in 2008; however, from 2009 to 2020, import figures were slightly lower.
Germany (X units), Luxembourg (X units) and the Netherlands (X units) are the main suppliers of bridge crane imports in Belgium, together accounting for X% of total imports. This is followed by Turkey, the UK, China and France, which have seen further increases in purchases from 2007 to 2020. Among the major suppliers, Turkey has recorded the most significant growth in purchases, while imports are the other leaders. experienced a mixed trend pattern.
By value, Belgium's largest suppliers of overhead cranes are Germany ($X), Netherlands ($X) and Luxembourg ($X), with X% of total imports. Among the major suppliers, Luxembourg experienced the highest growth in the value of imports during the period under review, while sourcing from other leading countries showed a mixed trend.
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