Electrical push-button and rotary switches market in Belgium

Earlier Report Observations

The market for electrical push-button and rotary switches in Belgium, measured in value, contracted from 123.9 million USD in 2018 to 60.9 million USD in 2024. This decline included two pronounced reductions of over 20% each in 2020 and 2022, with a period of stabilization around 98 million USD in 2020-2021.

A modest 1% rebound in 2023 aligned with the introduction of Belgium's updated General Regulation on Electrical Installations (RGIE) Book 1, which set new technical standards for low-voltage installations and likely stimulated demand for compliant switchgear. Subsequently, in 2024, while the domestic market volume fell by 20%, local production surged, influenced by global factors such as rising worldwide electricity demand, infrastructure investment, and the adoption of advanced automation and smart switch technologies, which bolstered export-oriented manufacturing.

Production electrical push-button and rotary switches in Belgium

In value, 2017-2020, K $ US

In 2020, Belgium's production of electrical push-button and rotary switches was valued at 69 397 thousand US dollars, showing little change from the previous year. Between 2017 and 2020, production grew by 151.4%, which translates to an annualized rate of 36.0%. The most significant increase occurred in 2018, with a jump of 126.7%.

Annual dynamics of production in Belgium in value, 2017-2020, K $ US

Exports electrical push-button and rotary switches from Belgium

Exports in kind, t

In 2020, Belgium exported 2 793 tonnes of electrical push-button and rotary switches, marking a slight increase of 2.0% compared to 2019. Over the period from 2017 to 2020, exports fell by 23%, averaging an annual decline of 8.4%. The lowest volume was recorded in 2019 at 2 739 tonnes, while the peak was in 2018 at 3 952 tonnes. The sharpest drop occurred in 2019, down 30.7%, whereas the largest rise was in 2018, up 8.9%.

Annual dynamics of product's exports from Belgium in kind, 2017-2020, t

From 2017 to 2020, Belgium's exports of electrical push-button and rotary switches in volume terms were spread across a diverse range of partner countries. Germany accounted for 15.5% of these exports, France for 13.9%, and Italy for 13.2%. Together, these three countries represented just 42.5% of the total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Belgium in kind, 2017-2020

Exports in value, M $ US

After two years of growth, Belgium's exports of electrical push-button and rotary switches in value terms declined. In 2020, exports reached 161.9 million US dollars, down 1.8% from the previous year. Over the 2017-2020 period, exports increased by 5.8%, with a compound annual growth rate of 1.9%. The highest value was recorded in 2019 at 164.8 million US dollars, and the largest increase occurred in 2018, up 7.1%.

Annual dynamics of product's exports from Belgium in value, 2017-2020, M $ US

Between 2017 and 2020, Belgium's export market for electrical push-button and rotary switches in value terms was broad. Germany held a 19.8% share, France 15.3%, and Italy 6.6%. Combined, these three countries made up only 41.8% of total export flows, with the remaining 58.2% distributed among numerous other nations.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Belgium in value, 2017-2020

Imports electrical push-button and rotary switches to Belgium

Imports in kind, t

In 2020, Belgium imported 15 972 tonnes of electrical push-button and rotary switches, up 7.8% from the previous year. From 2017 to 2020, imports decreased by 36.2%, averaging an annual drop of 13.9%. The lowest volume was in 2019 at 14 812 tonnes, while the peak was in 2018 at 32 320 tonnes. The most substantial decline happened in 2019, down 54.2%, and the largest increase was in 2018, up 29.0%.

Annual dynamics of product's imports to Belgium in kind, 2017-2020, t

From 2017 to 2020, Germany consistently dominated Belgium's imports of electrical push-button and rotary switches in volume terms, accounting for 73.9% of the total. This indicates a high concentration on the German market, with the remainder shared among other countries.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Belgium in kind, 2017-2020

Imports in value, M $ US

Belgium's imports of electrical push-button and rotary switches in value terms declined for the second year in a row. In 2020, imports totaled 191.3 million US dollars, a significant drop of 13.0% from the previous year. Over the 2017-2020 period, imports fell by 7%, with a compound annual growth rate of -2.4%. The highest value was recorded in 2018 at 225.1 million US dollars, and the largest increase occurred that same year, up 9.5%.

Annual dynamics of product's imports to Belgium in value, 2017-2020, M $ US

Between 2017 and 2020, Germany, the Netherlands, and China were the main sources for Belgium's imports of electrical push-button and rotary switches in value terms. Germany accounted for 37.0%, the Netherlands for 10.5%, and China for 9.9%. Together, these three countries absorbed 57.4% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Belgium in value, 2017-2020