Benelux: Engine Generator Market 2025

Engine Generator Market Size in Benelux

In 2022, after two years of growth, there was significant decline in the Benelux engine generator market, when its value decreased by -57.3% to $X. Over the period under review, consumption saw a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Engine Generator Production in Benelux

In value terms, engine generator production contracted modestly to $X in 2022 estimated in export price. Overall, production showed a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 10% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Engine Generator Exports

Exports in Benelux

In 2022, shipments abroad of generators for internal combustion engines increased by 8.6% to X units, rising for the third consecutive year after three years of decline. Total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, engine generator exports reduced to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The Netherlands was the major exporting country with an export of around X units, which accounted for 63% of total exports. It was distantly followed by Belgium (X units), committing a 37% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +3.8%).

In value terms, the largest engine generator supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of +4.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, reducing by -12.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 9.9%. As a result, the export price reached the peak level of $X per unit, and then shrank in the following year.

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 stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%).

Engine Generator Imports

Imports in Benelux

After three years of growth, purchases abroad of generators for internal combustion engines decreased by -51.7% to X units in 2022. Over the period under review, imports recorded a slight slump. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then shrank markedly in the following year.

In value terms, engine generator imports contracted remarkably to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Over the period under review, imports reached the maximum at $X in 2021, and then fell sharply in the following year.

Imports by Country

The Netherlands was the main importing country with an import of around X units, which recorded 79% of total imports. It was distantly followed by Belgium (X units), making up a 20% share of total imports.

The Netherlands was also the fastest-growing in terms of the generators for internal combustion engines imports, with a CAGR of +5.0% from 2012 to 2022. Belgium (-11.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +37 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported generators for internal combustion engines in Benelux, comprising 79% of total imports. The second position in the ranking was taken by Belgium ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled +6.8%.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, increasing by 35% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably 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 (+1.8%).

Source: IndexBox Platform