Benelux: Breathing Appliances Market 2024

Breathing Appliances Market Size in Benelux

In 2022, the Benelux breathing appliances market increased by 4.2% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +7.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Breathing Appliances Production in Benelux

In value terms, breathing appliances production rose sharply to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +11.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.9% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 82%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Breathing Appliances Exports

Exports in Benelux

Breathing appliances exports soared to X units in 2022, rising by 279% compared with 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 295% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, breathing appliances exports contracted significantly to $X in 2022. In general, exports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2020 with an increase of 317%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands prevails in exports structure, accounting for X units, which was near 96% of total exports in 2022. Belgium (X units) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the breathing appliances and gas masks exports, with a CAGR of +26.4% from 2012 to 2022. Belgium (-3.0%) illustrated a downward trend over the same period. While the share of the Netherlands (+34 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-33.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest breathing appliances supplier in Benelux, comprising 83% of total exports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +5.8%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, declining by -81.2% against the previous year. Overall, the export price showed a abrupt slump. The growth pace was the most rapid in 2014 an increase of 25%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.2%).

Breathing Appliances Imports

Imports in Benelux

Breathing appliances imports totaled X units in 2022, remaining relatively unchanged against the previous year. Over the period under review, imports enjoyed a mild increase. The growth pace was the most rapid in 2020 when imports increased by 88%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, breathing appliances imports declined to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -47.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands represented the largest importing country with an import of around X units, which finished at 66% of total imports. It was distantly followed by Belgium (X units), creating a 33% share of total imports. Luxembourg (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +1.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported breathing appliances and gas masks in Benelux, comprising 70% of total imports. The second position in the ranking was held by Belgium ($X), with a 28% share of total imports.

In the Netherlands, breathing appliances imports expanded at an average annual rate of +3.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-1.5% per year) and Luxembourg (+0.7% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, dropping by -4.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 38%. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($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 Netherlands (+1.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform