Benelux: Concrete Pump Market 2024

Concrete Pump Market Size in Benelux

In 2021, after three years of decline, there was growth in the Benelux concrete pump market, when its value increased by 2.7% to $X. The market value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Concrete Pump Production in Benelux

In value terms, concrete pump production shrank modestly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 2.2%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted in the following year.

Concrete Pump Exports

Exports in Benelux

In 2021, shipments abroad of concrete pumps decreased by -41.1% to X units, falling for the second year in a row after two years of growth. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 211% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, concrete pump exports dropped sharply to $X in 2021. Overall, exports showed a pronounced setback. The pace of growth was the most pronounced in 2019 when exports increased by 316%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands was the main exporter of concrete pumps in Benelux, with the volume of exports finishing at X units, which was near 72% of total exports in 2021. It was distantly followed by Belgium (X units), mixing up a 28% share of total exports.

Exports from the Netherlands decreased at an average annual rate of -9.7% from 2012 to 2021. At the same time, Belgium (+4.3%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +4.3% from 2012-2021. From 2012 to 2021, the share of Belgium increased by +18 percentage points.

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

Among the main exporting countries, Belgium, with a CAGR of +1.0%, 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 unit in 2021, surging by 11% against the previous year. Overall, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 49%. The level of export peaked at $X per unit in 2017; however, from 2018 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, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.6%).

Concrete Pump Imports

Imports in Benelux

In 2021, approx. X units of concrete pumps were imported in Benelux; increasing by 14% against the year before. Over the period under review, imports enjoyed notable growth. The most prominent rate of growth was recorded in 2017 when imports increased by 74%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, concrete pump imports declined slightly to $X in 2021. In general, imports, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 43%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X units) and the Netherlands (X units) dominates imports structure, together mixing up 98% of total imports. Luxembourg (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +8.0%), while purchases for the other leaders experienced mixed trends in the imports figures.

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, the Netherlands, with a CAGR of +1.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, falling by -14.5% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the import price increased by 31% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform