| Product Code: ETC6356808 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium saw a significant increase in large SUV imports, with top exporters being the USA, Germany, Metropolitan France, UK, and Italy. The market concentration, measured by HHI, decreased from moderate to low in 2024, indicating a more diverse import landscape. The impressive CAGR of 16.41% from 2020 to 2024 highlights the strong growth trajectory of the market. Moreover, the growth rate of 3.26% from 2023 to 2024 suggests a steady expansion in the demand for large SUVs in Belgium. This data portrays a promising outlook for the import market in the coming years.

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 Large SUVs Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Large SUVs Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Large SUVs Market - Industry Life Cycle |
3.4 Belgium Large SUVs Market - Porter's Five Forces |
3.5 Belgium Large SUVs Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Belgium Large SUVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for larger vehicles due to comfort and safety features |
4.2.2 Increasing disposable income among consumers |
4.2.3 Preference for spacious and versatile vehicles for family and recreational activities |
4.3 Market Restraints |
4.3.1 High initial purchase cost compared to smaller vehicles |
4.3.2 Rising fuel prices impacting the running costs of large SUVs |
4.3.3 Environmentally conscious consumers opting for more fuel-efficient or electric vehicles |
5 Belgium Large SUVs Market Trends |
6 Belgium Large SUVs Market, By Types |
6.1 Belgium Large SUVs Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Large SUVs Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Belgium Large SUVs Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.4 Belgium Large SUVs Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.5 Belgium Large SUVs Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.6 Belgium Large SUVs Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium Large SUVs Market Import-Export Trade Statistics |
7.1 Belgium Large SUVs Market Export to Major Countries |
7.2 Belgium Large SUVs Market Imports from Major Countries |
8 Belgium Large SUVs Market Key Performance Indicators |
8.1 Average age of large SUVs on the road in Belgium |
8.2 Percentage of households owning at least one large SUV |
8.3 Frequency of new large SUV model launches in the Belgian market |
9 Belgium Large SUVs Market - Opportunity Assessment |
9.1 Belgium Large SUVs Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Belgium Large SUVs Market - Competitive Landscape |
10.1 Belgium Large SUVs Market Revenue Share, By Companies, 2024 |
10.2 Belgium Large SUVs 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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