Benelux: Lawn Mower Market 2024

Lawn Mower Market Size in Benelux

In 2022, the Benelux lawn mower market increased by 17% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption continues to indicate a buoyant expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Lawn Mower Production in Benelux

In value terms, lawn mower production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, recorded strong growth. The pace of growth was the most pronounced in 2015 with an increase of 107%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Lawn Mower Exports

Exports in Benelux

After five years of growth, shipments abroad of mowers for lawns, parks, golf courses or sports grounds decreased by -38.6% to X units in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 23%. Over the period under review, the exports reached the maximum at X units in 2021, and then dropped rapidly in the following year.

In value terms, lawn mower exports dropped rapidly to $X in 2022. Total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. As a result, the exports reached the peak of $X, and then plummeted in the following year.

Exports by Country

The biggest shipments were from the Netherlands (X units) and Belgium (X units), together resulting at 99% of total export.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +3.1%).

In value terms, the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022.

The Netherlands, with a CAGR of +3.8%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, growing by 5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Belgium (+3.5%).

Lawn Mower Imports

Imports in Benelux

After two years of growth, supplies from abroad of mowers for lawns, parks, golf courses or sports grounds decreased by -14.5% to X units in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 68%. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, lawn mower imports contracted to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Belgium (X units) and the Netherlands (X units) dominates imports structure, together generating 97% of total imports. Luxembourg (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +8.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lawn mower importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Among the main importing countries, the Netherlands, with a CAGR of +6.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, stabilizing at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by 20% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, 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 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform