Benelux: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2025

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Benelux

The Benelux market for buckets, shovels, grabs and grips for ships’ derricks and cranes contracted dramatically to $X in 2022, with a decrease of -32.2% against the previous year. Over the period under review, consumption showed a slight descent. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Benelux

In value terms, ship derrick buckets and shovels production stood at $X in 2022 estimated in export price. In general, production saw a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports in Benelux

In 2022, overseas shipments of buckets, shovels, grabs and grips for ships’ derricks and cranes decreased by -13.8% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a perceptible downturn. The growth pace was the most rapid in 2021 when exports increased by 24%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, ship derrick buckets and shovels exports contracted to $X in 2022. Over the period under review, exports showed a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands was the largest exporter of buckets, shovels, grabs and grips for ships’ derricks and cranes in Benelux, with the volume of exports reaching X units, which was near 84% of total exports in 2022. It was distantly followed by Belgium (X units), committing a 14% share of total exports. Luxembourg (X units) took a relatively small share of total exports.

Exports from the Netherlands decreased at an average annual rate of -1.2% from 2012 to 2022. At the same time, Luxembourg (+18.8%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +18.8% from 2012-2022. By contrast, Belgium (-6.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Luxembourg increased by +7.3 and +1.9 percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest ship derrick buckets and shovels supplier in Benelux, comprising 89% of total exports. The second position in the ranking was held by Belgium ($X), with an 8.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands was relatively modest. In the other countries, the average annual rates were as follows: Belgium (-8.7% per year) and Luxembourg (+25.8% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, with an increase of 8.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 22%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a 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 Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+5.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports in Benelux

In 2022, the amount of buckets, shovels, grabs and grips for ships’ derricks and cranes imported in Benelux contracted significantly to X units, with a decrease of -33.6% compared with 2021. Overall, imports showed a mild slump. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of X units, and then dropped dramatically in the following year.

In value terms, ship derrick buckets and shovels imports declined significantly to $X in 2022. Over the period under review, imports showed a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

Belgium (X units) and the Netherlands (X units) prevails in imports structure, together creating 92% of total imports. It was distantly followed by Luxembourg (X units), constituting a 7.8% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Luxembourg (with a CAGR of +14.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest ship derrick buckets and shovels importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of +13.7%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, waning by -5.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by 9.2% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 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 Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (-1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform