Belgium: Mechano-Therapy Appliances Market 2024

Mechano-Therapy Appliances Market Size in Belgium

For the fourth consecutive year, the Belgian mechano-therapy appliances market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption showed a strong expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Mechano-Therapy Appliances Production in Belgium

In value terms, mechano-therapy appliances production soared to $X in 2022 estimated in export price. Overall, production recorded a temperate increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Mechano-Therapy Appliances Exports

Exports from Belgium

After three years of growth, overseas shipments of mechano-therapy appliances and massage apparatus decreased by X% to X units in 2022. Over the period under review, exports, however, showed strong growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2021, and then declined significantly in the following year.

In value terms, mechano-therapy appliances exports fell slightly to $X in 2022. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank modestly in the following year.

Exports by Country

France (X units) was the main destination for mechano-therapy appliances exports from Belgium, accounting for a X% share of total exports. Moreover, mechano-therapy appliances exports to France exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, France ($X) remains the key foreign market for mechano-therapy appliances and massage apparatus exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

The average mechano-therapy appliances export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Germany ($X 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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Mechano-Therapy Appliances Imports

Imports into Belgium

In 2022, supplies from abroad of mechano-therapy appliances and massage apparatus decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then dropped in the following year.

In value terms, mechano-therapy appliances imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest mechano-therapy appliances supplier to Belgium, with a X% share of total imports. Moreover, mechano-therapy appliances imports from China exceeded the figures recorded by the second-largest supplier, Canada (X units), more than tenfold. The third position in this ranking was held by Mexico (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Mexico (X% per year).

In value terms, China ($X) constituted the largest supplier of mechano-therapy appliances and massage apparatus to Belgium, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average mechano-therapy appliances import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Costa Rica ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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