| Product Code: ETC6351495 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The cryptocurrency mining hardware import shipments to Belgium in 2024 continued to show strong growth with a high Herfindahl-Hirschman Index (HHI), indicating a concentrated market. The top exporting countries to Belgium were Netherlands, USA, Germany, Czechia, and Taiwan, Province of China. The industry experienced a remarkable Compound Annual Growth Rate (CAGR) of 34.49% from 2020 to 2024, with an impressive growth rate of 135.84% from 2023 to 2024, reflecting the increasing demand for mining hardware in the cryptocurrency market.

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 Cryptocurrency Mining Hardware Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Cryptocurrency Mining Hardware Market - Industry Life Cycle |
3.4 Belgium Cryptocurrency Mining Hardware Market - Porter's Five Forces |
3.5 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume Share, By Coin, 2021 & 2031F |
4 Belgium Cryptocurrency Mining Hardware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cryptocurrencies in Belgium |
4.2.2 Favorable government regulations supporting cryptocurrency mining activities |
4.2.3 Growing awareness and interest in blockchain technology in the region |
4.3 Market Restraints |
4.3.1 High energy costs and environmental concerns associated with cryptocurrency mining |
4.3.2 Lack of clear regulatory framework for cryptocurrency mining operations in Belgium |
5 Belgium Cryptocurrency Mining Hardware Market Trends |
6 Belgium Cryptocurrency Mining Hardware Market, By Types |
6.1 Belgium Cryptocurrency Mining Hardware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Central Processing Unit, 2021- 2031F |
6.1.4 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Graphics Processing Unit, 2021- 2031F |
6.1.5 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Field Programmable Gate Array, 2021- 2031F |
6.1.6 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Application-Specific Integrated Circuit, 2021- 2031F |
6.2 Belgium Cryptocurrency Mining Hardware Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Enterprise, 2021- 2031F |
6.2.3 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Personal, 2021- 2031F |
6.3 Belgium Cryptocurrency Mining Hardware Market, By Coin |
6.3.1 Overview and Analysis |
6.3.2 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Bitcoin, 2021- 2031F |
6.3.3 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Ripple, 2021- 2031F |
6.3.4 Belgium Cryptocurrency Mining Hardware Market Revenues & Volume, By Ethereum, 2021- 2031F |
7 Belgium Cryptocurrency Mining Hardware Market Import-Export Trade Statistics |
7.1 Belgium Cryptocurrency Mining Hardware Market Export to Major Countries |
7.2 Belgium Cryptocurrency Mining Hardware Market Imports from Major Countries |
8 Belgium Cryptocurrency Mining Hardware Market Key Performance Indicators |
8.1 Average hash rate per mining hardware unit |
8.2 Energy efficiency of mining hardware |
8.3 Number of cryptocurrency mining farms established in Belgium |
8.4 Adoption rate of advanced mining technologies in the market |
8.5 Investment in research and development for improving mining hardware performance |
9 Belgium Cryptocurrency Mining Hardware Market - Opportunity Assessment |
9.1 Belgium Cryptocurrency Mining Hardware Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Cryptocurrency Mining Hardware Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Cryptocurrency Mining Hardware Market Opportunity Assessment, By Coin, 2021 & 2031F |
10 Belgium Cryptocurrency Mining Hardware Market - Competitive Landscape |
10.1 Belgium Cryptocurrency Mining Hardware Market Revenue Share, By Companies, 2024 |
10.2 Belgium Cryptocurrency Mining Hardware 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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