Netherlands: Market for Machine Tools For Working Metal 2024

Market Size for Machine Tools For Working Metal in the Netherlands

The Dutch machine-tool for working metal market skyrocketed to $X in 2021, with an increase of 122% against the previous year. Overall, consumption, however, recorded a abrupt decline. Machine-tool for working metal consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Machine Tools For Working Metal in the Netherlands

In value terms, machine-tool for working metal production soared to $X in 2021 estimated in export price. Over the period under review, production saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 226% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Machine Tools For Working Metal

Exports from the Netherlands

Machine-tool for working metal exports from the Netherlands surged to X units in 2021, picking up by 70% against the previous year's figure. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 144% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, machine-tool for working metal exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by +0.9% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 70%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for machine-tool for working metal exports from the Netherlands, with a 46% share of total exports. Moreover, machine-tool for working metal exports to Germany exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. Austria (X units) ranked third in terms of total exports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.9% per year) and Austria (+16.9% per year).

In value terms, Germany ($X), the United States ($X) and Poland ($X) constituted the largest markets for machine-tool for working metal exported from the Netherlands worldwide, together accounting for 52% of total exports. These countries were followed by Belgium, the UK, Austria, Italy, France, the Czech Republic, Spain, China, Brazil and Vietnam, which together accounted for a further 23%.

Spain, with a CAGR of +20.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average machine-tool for working metal export price amounted to $X per unit, which is down by -29.1% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 37%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine Tools For Working Metal

Imports into the Netherlands

In 2021, purchases abroad of machine tools for working metal increased by 18% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, machine-tool for working metal imports expanded to $X in 2021. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Belgium (X units) were the main suppliers of machine-tool for working metal imports to the Netherlands, together accounting for 47% of total imports. France, Romania, Italy, Japan, Taiwan (Chinese), Estonia, Bulgaria, Turkey, Slovenia and the United States lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +53.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machine tools for working metal to the Netherlands, comprising 23% of total imports. The second position in the ranking was held by China ($X), with a 9.7% share of total imports. It was followed by Belgium, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.1% per year) and Belgium (+13.7% per year).

Import Prices by Country

In 2021, the average machine-tool for working metal import price amounted to $X per unit, with a decrease of -13.2% against the previous year. Overall, the import price, however, showed measured growth. The growth pace was the most rapid in 2019 when the average import price increased by 44%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the price for Estonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+46.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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