| Product Code: ETC10934146 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Belgium saw a significant increase in import shipments of both used and new cars, with top exporters being Germany, Netherlands, Metropolitan France, Spain, and Denmark. The market concentration, as measured by HHI, decreased from moderate to low concentration, indicating a more competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 14.14% from 2020 to 2024 reflects a robust market expansion. Moreover, the growth rate of 24.01% from 2023 to 2024 suggests a surge in demand for imported vehicles in Belgium, making it an attractive market for car exporters.

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 Used and New Cars Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Used and New Cars Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Used and New Cars Market - Industry Life Cycle |
3.4 Belgium Used and New Cars Market - Porter's Five Forces |
3.5 Belgium Used and New Cars Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Belgium Used and New Cars Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Belgium Used and New Cars Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Belgium Used and New Cars Market Revenues & Volume Share, By Body Type, 2021 & 2031F |
3.9 Belgium Used and New Cars Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
4 Belgium Used and New Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Belgium |
4.2.2 Growing demand for eco-friendly vehicles |
4.2.3 Technological advancements in the automotive industry |
4.2.4 Favorable financing options for car purchases |
4.2.5 Government incentives for electric vehicle adoption |
4.3 Market Restraints |
4.3.1 Volatility in fuel prices |
4.3.2 Regulatory changes impacting car import/export policies |
4.3.3 Competition from other modes of transportation (e.g., public transport, bicycles) |
4.3.4 Economic uncertainty affecting consumer spending |
4.3.5 Limited availability of charging infrastructure for electric vehicles |
5 Belgium Used and New Cars Market Trends |
6 Belgium Used and New Cars Market, By Types |
6.1 Belgium Used and New Cars Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Used and New Cars Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Belgium Used and New Cars Market Revenues & Volume, By New Cars, 2021 - 2031F |
6.1.4 Belgium Used and New Cars Market Revenues & Volume, By Used Cars, 2021 - 2031F |
6.2 Belgium Used and New Cars Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Belgium Used and New Cars Market Revenues & Volume, By Online, 2021 - 2031F |
6.2.3 Belgium Used and New Cars Market Revenues & Volume, By Offline, 2021 - 2031F |
6.3 Belgium Used and New Cars Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Belgium Used and New Cars Market Revenues & Volume, By Petrol, 2021 - 2031F |
6.3.3 Belgium Used and New Cars Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.4 Belgium Used and New Cars Market, By Body Type |
6.4.1 Overview and Analysis |
6.4.2 Belgium Used and New Cars Market Revenues & Volume, By Sedan, 2021 - 2031F |
6.4.3 Belgium Used and New Cars Market Revenues & Volume, By SUV, 2021 - 2031F |
6.5 Belgium Used and New Cars Market, By Price Range |
6.5.1 Overview and Analysis |
6.5.2 Belgium Used and New Cars Market Revenues & Volume, By Budget, 2021 - 2031F |
6.5.3 Belgium Used and New Cars Market Revenues & Volume, By Premium, 2021 - 2031F |
7 Belgium Used and New Cars Market Import-Export Trade Statistics |
7.1 Belgium Used and New Cars Market Export to Major Countries |
7.2 Belgium Used and New Cars Market Imports from Major Countries |
8 Belgium Used and New Cars Market Key Performance Indicators |
8.1 Average age of cars in circulation |
8.2 Adoption rate of electric vehicles |
8.3 Average selling price of used cars |
8.4 Consumer confidence index related to vehicle purchases |
8.5 Number of car registrations per capita |
9 Belgium Used and New Cars Market - Opportunity Assessment |
9.1 Belgium Used and New Cars Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Belgium Used and New Cars Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Belgium Used and New Cars Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.4 Belgium Used and New Cars Market Opportunity Assessment, By Body Type, 2021 & 2031F |
9.5 Belgium Used and New Cars Market Opportunity Assessment, By Price Range, 2021 & 2031F |
10 Belgium Used and New Cars Market - Competitive Landscape |
10.1 Belgium Used and New Cars Market Revenue Share, By Companies, 2024 |
10.2 Belgium Used and New Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |