Overview of the Market for Machine-Tool For Working Metal in Belgium
In value terms, machine-tool for working metal production contracted to $ in 2018 estimated in export prices. In general, production recorded a noticeable downturn. The pace of growth appeared the most rapid in 2012 when the production volume increased by % year-to-year. Over the period under review, production reached the peak level at $ in 2013; however, from 2014 to 2018, production remained at a lower figure.
The value of the machine-tool for working metal market in Belgium skyrocketed to $ in 2018, jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a perceptible expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.