Benelux: Chromatograph Market 2024

Chromatograph Market Size in Benelux

In 2022, after two years of decline, there was significant growth in the Benelux chromatograph market, when its value increased by 93% to $X. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Chromatograph Production in Benelux

In value terms, chromatograph production fell to $X in 2022 estimated in export price. Overall, production, however, showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 7.9%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Chromatograph Exports

Exports in Benelux

In 2022, exports of chromatographs and electrophoresis instruments in Benelux fell rapidly to X units, with a decrease of -39.6% against 2021 figures. Overall, exports showed a mild downturn. The pace of growth was the most pronounced in 2020 with an increase of 76%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chromatograph exports declined to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

In 2022, the Netherlands (X units) represented the major exporter of chromatographs and electrophoresis instruments, generating 89% of total exports. It was distantly followed by Belgium (X units), generating an 11% share of total exports.

The Netherlands was also the fastest-growing in terms of the chromatographs and electrophoresis instruments exports, with a CAGR of -1.2% from 2012 to 2022. Belgium (-3.5%) illustrated a downward trend over the same period. While the share of the Netherlands (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-2.4 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest chromatograph supplier in Benelux, comprising 89% of total exports. The second position in the ranking was held by Belgium ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled +1.1%.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, jumping by 54% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromatograph export price increased by +105.6% against 2020 indices. Over the period under review, the export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.3%).

Chromatograph Imports

Imports in Benelux

In 2022, approx. X units of chromatographs and electrophoresis instruments were imported in Benelux; declining by -37.7% compared with the year before. Overall, imports, however, posted modest growth. The pace of growth appeared the most rapid in 2020 when imports increased by 67%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, chromatograph imports reduced rapidly to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 13%. Over the period under review, imports hit record highs at $X in 2021, and then contracted markedly in the following year.

Imports by Country

The Netherlands represented the main importer of chromatographs and electrophoresis instruments in Benelux, with the volume of imports resulting at X units, which was near 75% of total imports in 2022. It was distantly followed by Belgium (X units), achieving a 25% share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of chromatographs and electrophoresis instruments. At the same time, Belgium (+2.3%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +2.3% from 2012-2022. While the share of Belgium (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-2.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported chromatographs and electrophoresis instruments in Benelux, comprising 75% of total imports. The second position in the ranking was taken by Belgium ($X), with a 25% share of total imports.

In the Netherlands, chromatograph imports increased at an average annual rate of +1.3% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, jumping by 30% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 48% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%).

Source: IndexBox Platform