Benelux: Agricultural Appliance Market 2025

Agricultural Appliance Market Size in Benelux

The Benelux agricultural appliance market soared to $X in 2021, picking up by 21% against the previous year. In general, consumption continues to indicate resilient growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Agricultural Appliance Production in Benelux

In value terms, agricultural appliance production soared to $X in 2021 estimated in export price. Over the period under review, production recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 33,888% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Agricultural Appliance Exports

Exports in Benelux

In 2021, overseas shipments of agricultural appliances increased by 57% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by 137% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, agricultural appliance exports surged to $X in 2021. Overall, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 93%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands represented the key exporter of agricultural appliances in Benelux, with the volume of exports resulting at X units, which was near 86% of total exports in 2021. It was distantly followed by Belgium (X units), generating a 14% share of total exports.

The Netherlands was also the fastest-growing in terms of the agricultural appliances exports, with a CAGR of +23.5% from 2012 to 2021. At the same time, Belgium (+1.1%) displayed positive paces of growth. The Netherlands (+35 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -35.2% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest agricultural appliance supplier in Benelux, comprising 84% of total exports. The second position in the ranking was held by Belgium ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to -10.5%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, with a decrease of -19.1% against the previous year. Over the period under review, the export price faced a dramatic decline. The growth pace was the most rapid in 2013 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.9%).

Agricultural Appliance Imports

Imports in Benelux

Agricultural appliance imports soared to X units in 2021, rising by 29% against 2020. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 62% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, agricultural appliance imports expanded remarkably to $X in 2021. Total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.1% against 2018 indices. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands represented the main importer of agricultural appliances in Benelux, with the volume of imports reaching X units, which was near 87% of total imports in 2021. It was distantly followed by Belgium (X units), creating a 13% share of total imports.

The Netherlands was also the fastest-growing in terms of the agricultural appliances imports, with a CAGR of +21.8% from 2012 to 2021. Belgium (-5.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +47 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported agricultural appliances in Benelux, comprising 84% of total imports. The second position in the ranking was taken by Belgium ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands totaled +7.0%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, reducing by -17.2% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2013 when the import price increased by 36%. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.5%).

Source: IndexBox Platform