Benelux: Computing Machinery Market 2024

Computing Machinery Market Size in Benelux

The Benelux computing machinery market shrank slightly to $X in 2021, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, enjoyed a slight increase. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Computing Machinery Production in Benelux

In value terms, computing machinery production reduced dramatically to $X in 2021 estimated in export price. In general, production saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 282% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Computing Machinery Exports

Exports in Benelux

In 2021, shipments abroad of computing machinery and parts and accessories thereof increased by 3.3% to X tons, rising for the fifth year in a row after four years of decline. Over the period under review, exports showed moderate growth. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, computing machinery exports rose notably to $X in 2021. Overall, exports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 106% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

The Netherlands prevails in exports structure, accounting for X tons, which was approx. 90% of total exports in 2021. It was distantly followed by Belgium (X tons), creating a 9.5% share of total exports.

The Netherlands was also the fastest-growing in terms of the computing machinery and parts and accessories thereof exports, with a CAGR of +3.5% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. From 2012 to 2021, the share of the Netherlands increased by +3.5 percentage points.

In value terms, the Netherlands ($X) remains the largest computing machinery supplier in Benelux, comprising 94% of total exports. The second position in the ranking was held by Belgium ($X), with a 5.6% share of total exports.

In the Netherlands, computing machinery exports increased at an average annual rate of +4.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, with an increase of 9.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 21%. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%).

Computing Machinery Imports

Imports in Benelux

In 2021, purchases abroad of computing machinery and parts and accessories thereof increased by 5.2% to X tons, rising for the fourth year in a row after four years of decline. Total imports indicated temperate growth from 2012 to 2021: its volume 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 +70.6% against 2017 indices. The growth pace was the most rapid in 2020 when imports increased by 51%. The volume of import peaked in 2021 and is likely to continue growth in years to come.

In value terms, computing machinery imports surged to $X in 2021. Over the period under review, imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 when imports increased by 78% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands represented the major importer of computing machinery and parts and accessories thereof in Benelux, with the volume of imports accounting for X tons, which was near 89% of total imports in 2021. It was distantly followed by Belgium (X tons), constituting a 10% share of total imports.

The Netherlands was also the fastest-growing in terms of the computing machinery and parts and accessories thereof imports, with a CAGR of +3.2% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. The Netherlands (+3.6 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -3.6% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported computing machinery and parts and accessories thereof in Benelux, comprising 90% of total imports. The second position in the ranking was held by Belgium ($X), with a 9.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +4.2%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, increasing by 9.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by 18%. The level of import peaked in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%).

Source: IndexBox Platform