Price for Vehicles; Mobile Drilling Derricks in Belgium - 2023

Contents:

1. Price for Vehicles; Mobile Drilling Derricks in Belgium (FOB) - 2022
2. Price for Vehicles; Mobile Drilling Derricks in Belgium (CIF) - 2022
3. Exports of Vehicles; Mobile Drilling Derricks in Belgium
4. Imports of Vehicles; Mobile Drilling Derricks in Belgium

Price for Vehicles; Mobile Drilling Derricks in Belgium (FOB) - 2022

In 2021, the average vehicles; mobile drilling derricks export price amounted to $444,076 per unit, with an increase of 805% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $649,703 per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($487,895 per unit), while the average price for exports to Guinea totaled $356,438 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-6.9%).

Price for Vehicles; Mobile Drilling Derricks in Belgium (CIF) - 2022

In 2021, the average vehicles; mobile drilling derricks import price amounted to $38,855 per unit, reducing by -8.2% against the previous year. In general, the import price recorded a significant contraction. The most prominent rate of growth was recorded in 2015 an increase of 85% against the previous year. The import price peaked at $507,993 per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($63,626 per unit), while the price for the UK ($336 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1,363.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Vehicles; Mobile Drilling Derricks in Belgium

In 2021, approx. 3 units of vehicles; mobile drilling derrickses were exported from Belgium; waning by -25% against 2020 figures. Overall, exports continue to indicate a abrupt curtailment. The exports peaked at 4 units in 2020, and then shrank notably in the following year.

In value terms, vehicles; mobile drilling derricks exports surged to $1.3M in 2021. In general, exports continue to indicate a significant contraction. The exports peaked at $2.6M in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Top Export Markets for Vehicles; Mobile Drilling Derricks from Belgium in 2022:

1. United Kingdom (2.0 units)
2. Guinea (1.0 units)

Imports of Vehicles; Mobile Drilling Derricks in Belgium

For the third consecutive year, Belgium recorded growth in supplies from abroad of vehicles; mobile drilling derrickses, which increased by 25% to 5 units in 2021. Overall, total imports indicated a significant increase from 2019 to 2021: its volume increased at an average annual rate of +29.1% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 33%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, vehicles; mobile drilling derricks imports rose remarkably to $194K in 2021. In general, imports, however, continue to indicate a mild contraction. Over the period under review, imports hit record highs at $202K in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Top Suppliers of Vehicles; Mobile Drilling Derricks to Belgium in 2022:

1. Netherlands (3.0 units)
2. United States (1.0 units)
3. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform