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Import prices in industry

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statisics Belgium - STATBEL

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Industrial import price index (from non-euro area).

19 June 2025

List and definition of variables : Prices of imported products by Belgian enterprises .

The import price is based on weights based on the intrastat/extrastat figures of the National Bank of Belgium

Accounting conventions : The prices of the imported products are collected according to the definitions in Regulation CR 1503/2006 and European Sample that results from FRIBS and the Regulation CR 2015/458.

Reporting unit : the reporting unit is the enterprise.

Observation unit(s) : the observation unit is the enterprise.

Belgian enterprises that import products in European sample sectors. The sample consists of approximately 1200 products imported by +-450 enterprises.

The sampling is done from the population based on the Intrastat statistic .

All regions of Belgium are covered.

Periodicity is monthly.

In principle, a cutt-of sample is used in two stages: at enterprise level and product level. But collection difficulties due to transfer prices, unique products, etc. influence this method.

Statistical accuracy is inherently more difficult to assess for price indexes than other statistics due to the complex nature of evolution of average price changes and statistical problems in estimating of data that is not covered by the sample (extrapolation).

Accuracy decreases at higher levels of detail of geographic and product aggregation due to the increasingly smaller sizes of the price samples for lower levels of aggregation.  Errors can occur in price collection and editing, or in making quality adjustments to estimate "pure price change", higher level aggregate indexes are likely to be of better quality than lower level indexes because any distortions due to errors are more likely to cancel out.

This results in a small sampling error as well non-sampling error.

Indices based on price changes measured in euro or other common currency.

Estimates for non-response: no.

Estimates for grossing-up to population levels: not relevant.

Type of index: Laspeyres chain-linked indice.

Monthly evolutions are are chained to reflect the evolution since baseyear.

Method of weighting and chaining: the weights are obtained from foreign trade statistics.

Planned changes in production methods: none.

Type of source Survey.
Frame on which the source is based Foreign trade ‘Intrastat’ (NBB).
Sample or census Sample.
Criteria for stratification Not relevant.
Frequency of updating the sample At least every 5 years and replacement of failing enterprises.

Monthly to Eurostat.

Timeliness : these data are not published nationally. Data are sent to Eurostat.

Timetable of data collection: monthly : T + 30 days.

The ESS definitions are applied in the whole country.

No breaks in the time series are observed.