Benelux: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2025

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Benelux

The Benelux market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021, with an increase of 15% against the previous year. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Production of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Benelux

In value terms, production of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips fell remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 259%. As a result, production attained the peak level of $X, and then fell dramatically in the following year.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in Benelux

In 2021, overseas shipments of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips increased by 87% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 183%. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips soared to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 177% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands dominates tips structure, reaching X tons, which was near 94% of total exports in 2021. It was distantly followed by Belgium (X tons), generating a 6.1% share of total exports.

The Netherlands was also the fastest-growing in terms of the unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exports, with a CAGR of +23.3% from 2012 to 2021. Belgium (-4.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +46 percentage points.

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, the Netherlands, with a CAGR of +2.2%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, reducing by -36.1% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 17%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.6%).

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in Benelux

Imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips surged to X tons in 2021, picking up by 109% on the previous year. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 218%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands represented the key importing country with an import of around X tons, which resulted at 81% of total imports. Belgium (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Luxembourg (8.2%).

Imports into the Netherlands increased at an average annual rate of +13.9% from 2012 to 2021. At the same time, Luxembourg (+16.6%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +16.6% from 2012-2021. By contrast, Belgium (-4.3%) illustrated a downward trend over the same period. The Netherlands (+23 p.p.) and Luxembourg (+3.5 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -26.8% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2021.

Among the main importing countries, Luxembourg, with a CAGR of +8.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, declining by -39.6% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 72%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform