| Product Code: ETC6348907 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to import boilers primarily from top exporters such as Germany, Italy, Metropolitan France, Norway, and Turkey. The market showed a high concentration, indicating strong dominance by key players. The impressive compound annual growth rate (CAGR) of 11.56% from 2020 to 2024 highlights the expanding demand for boilers in Belgium. Moreover, the remarkable growth rate of 81.57% from 2023 to 2024 suggests a significant surge in import shipments, reflecting a buoyant market for boiler imports in the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Boiler Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Boiler Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Boiler Market - Industry Life Cycle |
3.4 Belgium Boiler Market - Porter's Five Forces |
3.5 Belgium Boiler Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Belgium Boiler Market Revenues & Volume Share, By Boiler Type, 2021 & 2031F |
3.7 Belgium Boiler Market Revenues & Volume Share, By Boiler Horsepower, 2021 & 2031F |
3.8 Belgium Boiler Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Belgium Boiler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in Belgium |
4.2.2 Government initiatives promoting the use of renewable energy sources |
4.2.3 Growing demand for replacement of old boilers with energy-efficient models |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing and installing new boilers |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
5 Belgium Boiler Market Trends |
6 Belgium Boiler Market, By Types |
6.1 Belgium Boiler Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Boiler Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Belgium Boiler Market Revenues & Volume, By Natural Gas & Biomass, 2021- 2031F |
6.1.4 Belgium Boiler Market Revenues & Volume, By Coal, 2021- 2031F |
6.1.5 Belgium Boiler Market Revenues & Volume, By Oil, 2021- 2031F |
6.1.6 Belgium Boiler Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Belgium Boiler Market, By Boiler Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Boiler Market Revenues & Volume, By Fire-Tube, 2021- 2031F |
6.2.3 Belgium Boiler Market Revenues & Volume, By Water-Tube, 2021- 2031F |
6.3 Belgium Boiler Market, By Boiler Horsepower |
6.3.1 Overview and Analysis |
6.3.2 Belgium Boiler Market Revenues & Volume, By 10-150 BHP, 2021- 2031F |
6.3.3 Belgium Boiler Market Revenues & Volume, By 151-300 BHP, 2021- 2031F |
6.3.4 Belgium Boiler Market Revenues & Volume, By 301-600 BHP, 2021- 2031F |
6.4 Belgium Boiler Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Belgium Boiler Market Revenues & Volume, By Chemical, 2021- 2031F |
6.4.3 Belgium Boiler Market Revenues & Volume, By Food, 2021- 2031F |
6.4.4 Belgium Boiler Market Revenues & Volume, By Refineries, 2021- 2031F |
6.4.5 Belgium Boiler Market Revenues & Volume, By Metals & Mining, 2021- 2031F |
6.4.6 Belgium Boiler Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium Boiler Market Import-Export Trade Statistics |
7.1 Belgium Boiler Market Export to Major Countries |
7.2 Belgium Boiler Market Imports from Major Countries |
8 Belgium Boiler Market Key Performance Indicators |
8.1 Number of residential and commercial building permits issued in Belgium |
8.2 Percentage of households using energy-efficient boilers |
8.3 Investment in research and development of boiler technology |
9 Belgium Boiler Market - Opportunity Assessment |
9.1 Belgium Boiler Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Belgium Boiler Market Opportunity Assessment, By Boiler Type, 2021 & 2031F |
9.3 Belgium Boiler Market Opportunity Assessment, By Boiler Horsepower, 2021 & 2031F |
9.4 Belgium Boiler Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Belgium Boiler Market - Competitive Landscape |
10.1 Belgium Boiler Market Revenue Share, By Companies, 2024 |
10.2 Belgium Boiler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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