Benelux: Hedge Shear Market 2024

Hedge Shear Market Size in Benelux

The Benelux hedge shear market shrank notably to $X in 2021, falling by -49.8% against the previous year. Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2020, and then plummeted in the following year.

Hedge Shear Production in Benelux

In value terms, hedge shear production amounted to $X in 2021 estimated in export price. In general, production enjoyed a strong expansion. The growth pace was the most rapid in 2018 when the production volume increased by 553% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Hedge Shear Exports

Exports in Benelux

In 2021, exports of hedge shears and two-handed pruning shears in Benelux reached X tons, growing by 7.8% compared with the previous year. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by 39% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, hedge shear exports soared to $X in 2021. Overall, exports recorded strong growth. The growth pace was the most rapid in 2017 with an increase of 75%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

In 2021, the Netherlands (X tons) represented the major exporter of hedge shears and two-handed pruning shears, comprising 90% of total exports. It was distantly followed by Belgium (X tons), committing a 10% share of total exports.

The Netherlands was also the fastest-growing in terms of the hedge shears and two-handed pruning shears exports, with a CAGR of +14.4% from 2012 to 2021. At the same time, Belgium (+3.4%) displayed positive paces of growth. The Netherlands (+12 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -11.8% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest hedge shear supplier in Benelux, comprising 91% of total exports. The second position in the ranking was taken by Belgium ($X), with a 9.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +13.2%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, picking up by 17% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by 46% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%).

Hedge Shear Imports

Imports in Benelux

In 2021, after two years of growth, there was significant decline in supplies from abroad of hedge shears and two-handed pruning shears, when their volume decreased by -17.8% to X tons. Over the period under review, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 41%. The volume of import peaked at X tons in 2020, and then reduced notably in the following year.

In value terms, hedge shear imports stood at $X in 2021. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2017 with an increase of 53%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands represented the major importing country with an import of around X tons, which finished at 87% of total imports. It was distantly followed by Belgium (X tons), mixing up a 13% share of total imports.

The Netherlands was also the fastest-growing in terms of the hedge shears and two-handed pruning shears imports, with a CAGR of +6.9% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. The Netherlands (+7.9 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -7.9% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported hedge shears and two-handed pruning shears in Benelux, comprising 88% of total imports. The second position in the ranking was held by Belgium ($X), with a 12% share of total imports.

In the Netherlands, hedge shear imports expanded at an average annual rate of +9.5% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, jumping by 39% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%).

Source: IndexBox Platform