Netherlands: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in the Netherlands

The Dutch market for vacuum pumps and air or gas compressors dropped slightly to $X in 2022, falling by -3.1% against the previous year. In general, consumption, however, recorded a mild downturn. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Vacuum Pumps and Air or Gas Compressors in the Netherlands

In value terms, production of vacuum pumps and air or gas compressors reduced slightly to $X in 2022 estimated in export price. Overall, production showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 3.5%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from the Netherlands

After two years of growth, shipments abroad of vacuum pumps and air or gas compressors decreased by -0.9% to X units in 2022. Over the period under review, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports of reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vacuum pumps and air or gas compressors declined notably to $X in 2022. Overall, exports saw a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of exports of vacuum pumps and air or gas compressors from the Netherlands, with a combined 52% share of total exports. The UK, Poland, Spain, the United States, Italy, the Czech Republic, Hungary, Denmark, Ireland and Sweden lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +8.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for vacuum pumps and air or gas compressors exports from the Netherlands, comprising 35% of total exports. The second position in the ranking was held by France ($X), with an 8.1% share of total exports. It was followed by the UK, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.7% per year) and the UK (+0.7% per year).

Export Prices by Country

The average export price for vacuum pumps and air or gas compressors stood at $X per unit in 2022, waning by -20.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 38%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Pumps and Air or Gas Compressors

Imports into the Netherlands

In 2022, approx. X units of vacuum pumps and air or gas compressors were imported into the Netherlands; growing by 12% compared with 2021. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2014 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vacuum pumps and air or gas compressors shrank rapidly to $X in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, imports attained the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest vacuum pump and air or gas compressor supplier to the Netherlands, accounting for a 69% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from China exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.1% per year) and Taiwan (Chinese) (-1.7% per year).

In value terms, Germany ($X), the UK ($X) and China ($X) appeared to be the largest vacuum pump and air or gas compressor suppliers to the Netherlands, together comprising 54% of total imports.

Among the main suppliers, China, with a CAGR of +12.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for vacuum pumps and air or gas compressors stood at $X per unit in 2022, falling by -28.3% against the previous year. In general, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 14%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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