Netherlands: Tanker Market 2025

Tanker Market Size in the Netherlands

The Dutch tanker market reduced to $X in 2021, declining by -11.4% against the previous year. Over the period under review, consumption, however, recorded a mild slump. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Tanker Production in the Netherlands

In value terms, tanker production shrank notably to $X in 2021 estimated in export price. In general, production saw a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, production reached the peak level of $X, and then reduced sharply in the following year.

Tanker Exports

Exports from the Netherlands

In 2021, after two years of decline, there was significant growth in shipments abroad of tankers, when their volume increased by 25% to X units. In general, exports recorded resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 800%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, tanker exports fell rapidly to $X in 2021. Over the period under review, exports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2017 with an increase of 294% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then dropped markedly in the following year.

Exports by Country

Sweden (X units), Ireland (X units) and Lithuania (X units) were the main destinations of tanker exports from the Netherlands, together accounting for 60% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for tankers exports from the Netherlands, comprising 52% of total exports. The second position in the ranking was held by Ireland ($X), with a 0.4% share of total exports. It was followed by Serbia, with a 0.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+28.8% per year) and Serbia (-20.0% per year).

Export Prices by Country

In 2021, the average tanker export price amounted to $X per unit, declining by -51.5% against the previous year. In general, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 255%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Denmark ($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 Portugal (+380.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tanker Imports

Imports into the Netherlands

In 2021, tanker imports into the Netherlands skyrocketed to X units, growing by 100% on 2020 figures. In general, imports posted a tangible increase. The growth pace was the most rapid in 2018 when imports increased by 200%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, tanker imports surged to $X in 2021. Over the period under review, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 180% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Russia (X units), Cyprus (X units) and Germany (X units) were the main suppliers of tanker imports to the Netherlands, with a combined 75% share of total imports. China lagged somewhat behind, accounting for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of tankers to the Netherlands, comprising 42% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by Belgium, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +44.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+53.7% per year) and Belgium (+66.2% per year).

Import Prices by Country

In 2021, the average tanker import price amounted to $X per unit, shrinking by -11.2% against the previous year. In general, the import price, however, posted slight growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 667%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malta (+1,530.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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