Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $640 per unit in 2022, which is down by -23% against the previous year. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 43%. Over the period under review, average import prices attained the maximum at $2,279 per unit in 2014; however, from 2015 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 Switzerland ($3,304 per unit), while the price for Italy ($189 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $631 per unit in 2022, which is down by -20.6% against the previous year. Overall, the export price faced a drastic downturn. The growth pace was the most rapid in 2021 an increase of 50%. Over the period under review, the average export prices hit record highs at $3,321 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,801 per unit), while the average price for exports to Israel ($113 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium

In 2022, supplies from abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses was finally on the rise to reach 4.5K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a precipitous contraction. Imports peaked at 9.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses dropped notably to $2.9M in 2022. Over the period under review, imports, however, saw a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.4% against the previous year. Over the period under review, imports of attained the maximum at $5.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Belgium in 2022:

1. Italy (2088.0 units)
2. Netherlands (641.0 units)
3. France (635.0 units)
4. China (413.0 units)
5. Sweden (335.0 units)
6. Germany (177.0 units)
7. Switzerland (124.0 units)
8. United Kingdom (67.0 units)
9. United States (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belgium

In 2022, after two years of decline, there was significant growth in overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, when their volume increased by 584% to 2.3K units. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $1.5M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Belgium in 2022:

1. Germany (1444.0 units)
2. France (389.0 units)
3. Denmark (265.0 units)
4. Israel (149.0 units)
5. South Africa (51.0 units)

Source: IndexBox Market Intelligence Platform