Benelux: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2025

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Benelux

In 2022, the Benelux market for diesel engines (other than for motor vehicles and aircraft) increased by 12% to $X, rising for the second year in a row after two years of decline. The total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.4% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Benelux

In value terms, production of diesel engines (other than for motor vehicles and aircraft) contracted to $X in 2022 estimated in export price. Overall, production, however, showed perceptible growth. The pace of growth was the most pronounced in 2014 with an increase of 334%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports in Benelux

After two years of growth, shipments abroad of diesel engines (other than for motor vehicles and aircraft) decreased by -19.5% to X units in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 82%. Over the period under review, the exports of hit record highs at X units in 2021, and then reduced markedly in the following year.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) shrank notably to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. The level of export peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

The Netherlands was the major exporter of diesel engines (other than for motor vehicles and aircraft) in Benelux, with the volume of exports accounting for X units, which was near 65% of total exports in 2022. It was distantly followed by Belgium (X units), making up a 35% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of +3.6%).

In value terms, the largest diesel engines (other than for motor vehicles and aircraft) supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main exporting countries, the Netherlands, with a CAGR of +0.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, remaining stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 19% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%).

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports in Benelux

In 2022, supplies from abroad of diesel engines (other than for motor vehicles and aircraft) increased by 3.9% to X units, rising for the second year in a row after two years of decline. In general, imports showed a modest expansion. The growth pace was the most rapid in 2017 when imports increased by 57% against the previous year. Over the period under review, imports of hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) expanded modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of 39% against the previous year. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands represented the key importing country with an import of about X units, which reached 60% of total imports. It was distantly followed by Belgium (X units), mixing up a 40% 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 Belgium (with a CAGR of +5.8%).

In value terms, the Netherlands ($X) constitutes the largest market for imported diesel engines (other than for motor vehicles and aircraft) in Benelux, comprising 75% of total imports. The second position in the ranking was held by Belgium ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to +3.7%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, with a decrease of -2.2% against the previous year. Over the period under review, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by 45% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices 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 amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%).

Source: IndexBox Platform