Benelux: Endless Machinery Band Market 2025

Endless Machinery Band Market Size in Benelux

The Benelux endless machinery band market rose sharply to $X in 2021, with an increase of 6.6% against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Endless Machinery Band Production in Benelux

In value terms, endless machinery band production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 6.1% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Endless Machinery Band Exports

Exports in Benelux

After two years of growth, shipments abroad of endless bands for machinery, of stainless steel decreased by -0.9% to X square meters in 2021. Over the period under review, exports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 33% against the previous year. As a result, the exports reached the peak of X square meters. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, endless machinery band exports stood at $X in 2021. The total export value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 32% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands dominates exports structure, amounting to X square meters, which was approx. 95% of total exports in 2021. It was distantly followed by Belgium (X square meters), mixing up a 5.3% share of total exports.

Exports from the Netherlands decreased at an average annual rate of -4.6% from 2012 to 2021. At the same time, Belgium (+10.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +10.2% from 2012-2021. From 2012 to 2021, the share of Belgium increased by +3.8 percentage points.

In value terms, the Netherlands ($X) remains the largest endless machinery band supplier in Benelux, comprising 82% of total exports. The second position in the ranking was held by Belgium ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +3.9%.

Export Prices by Country

The export price in Benelux stood at $X per square meter in 2021, growing by 8.4% against the previous year. Export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, endless machinery band export price increased by +9.3% against 2019 indices. The pace of growth was the most pronounced in 2014 when the export price increased by 36% against the previous year. Over the period under review, the export prices reached the maximum at $X per square meter in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($X per square meter), while the Netherlands totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%).

Endless Machinery Band Imports

Imports in Benelux

In 2021, supplies from abroad of endless bands for machinery, of stainless steel increased by 92% to X square meters, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 143% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, endless machinery band imports soared to $X in 2021. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 119%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands prevails in imports structure, reaching X square meters, which was approx. 92% of total imports in 2021. It was distantly followed by Belgium (X square meters), mixing up a 7.8% share of total imports.

The Netherlands was also the fastest-growing in terms of the endless bands for machinery, of stainless steel imports, with a CAGR of +13.8% from 2012 to 2021. At the same time, Belgium (+2.9%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +9.6 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported endless bands for machinery, of stainless steel in Benelux, comprising 83% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +28.2%.

Import Prices by Country

The import price in Benelux stood at $X per square meter in 2021, approximately equating the previous year. Import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, endless machinery band import price increased by +55.2% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by 30% against the previous year. Over the period under review, import prices reached the maximum at $X per square meter in 2020, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per square meter), while the Netherlands stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.7%).

Source: IndexBox Platform