Benelux: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Benelux

In 2021, after six years of growth, there was significant decline in the Benelux dry-cleaning machine market, when its value decreased by -30.2% to $X. Overall, consumption, however, saw a buoyant increase. The level of consumption peaked at $X in 2020, and then declined markedly in the following year.

Dry-Cleaning Machine Production in Benelux

In value terms, dry-cleaning machine production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 28% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Dry-Cleaning Machine Exports

Exports in Benelux

After two years of growth, shipments abroad of dry-cleaning machines decreased by -1.7% to X units in 2021. In general, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of 283%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, dry-cleaning machine exports dropped dramatically to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 240% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Belgium was the largest exporter of dry-cleaning machines in Benelux, with the volume of exports resulting at X units, which was approx. 72% of total exports in 2021. The Netherlands (X units) held a 23% share (based on physical terms) of total exports, which put it in second place, followed by Luxembourg (5.3%).

Belgium was also the fastest-growing in terms of the dry-cleaning machines exports, with a CAGR of +23.8% from 2012 to 2021. The Netherlands (-13.5%) and Luxembourg (-22.0%) illustrated a downward trend over the same period. While the share of Belgium (+65 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Luxembourg (-28.9 p.p.) and the Netherlands (-35.7 p.p.) displayed negative dynamics.

In value terms, the largest dry-cleaning machine supplying countries in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main exporting countries, Belgium, with a CAGR of +24.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, falling by -49.1% against the previous year. Overall, the export price, however, posted moderate growth. The pace of growth appeared the most rapid in 2020 when the export price increased by 73% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+14.4%), while the other leaders experienced more modest paces of growth.

Dry-Cleaning Machine Imports

Imports in Benelux

In 2021, supplies from abroad of dry-cleaning machines decreased by -86% to X units, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 418% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, dry-cleaning machine imports reduced dramatically to $X in 2021. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 144%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Belgium represented the key importer of dry-cleaning machines in Benelux, with the volume of imports finishing at X units, which was near 57% of total imports in 2021. It was distantly followed by the Netherlands (X units) and Luxembourg (X units), together generating a 43% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of -2.0%), while purchases for the other leaders experienced a decline in the imports figures.

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

The Netherlands, with a CAGR of +1.6%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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, surging by 278% against the previous year. Over the period under review, the import price enjoyed a pronounced increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform