Benelux: Metal Honing Machine Market 2025

Metal Honing Machine Market Size in Benelux

For the third year in a row, the Benelux metal honing machine market recorded growth in sales value, which increased by 66% to $X in 2021. Over the period under review, consumption continues to indicate significant growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Metal Honing Machine Production in Benelux

In value terms, metal honing machine production expanded remarkably to $X in 2021 estimated in export price. In general, production saw a perceptible contraction. The growth pace was the most rapid in 2015 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Metal Honing Machine Exports

Exports in Benelux

In 2021, shipments abroad of honing or lapping machines for working metal increased by 96% to X units, rising for the fifth consecutive year after three years of decline. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2018 with an increase of 96%. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, metal honing machine exports skyrocketed to $X in 2021. In general, exports saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the Netherlands (X units) was the largest exporter of honing or lapping machines for working metal, mixing up 81% of total exports. It was distantly followed by Belgium (X units), achieving a 19% share of total exports.

The Netherlands was also the fastest-growing in terms of the honing or lapping machines for working metal exports, with a CAGR of +25.0% from 2012 to 2021. At the same time, Belgium (+21.4%) displayed positive paces of growth. While the share of the Netherlands (+4.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-4.2 p.p.) displayed negative dynamics.

In value terms, the largest metal honing machine supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of +30.8%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, with an increase of 8.6% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The growth pace was the most rapid in 2016 an increase of 32% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%).

Metal Honing Machine Imports

Imports in Benelux

In 2021, the amount of honing or lapping machines for working metal imported in Benelux skyrocketed to X units, with an increase of 56% against 2020. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 514% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, metal honing machine imports skyrocketed to $X in 2021. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 180% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Belgium represented the key importer of honing or lapping machines for working metal in Benelux, with the volume of imports recording X units, which was near 83% of total imports in 2021. It was distantly followed by the Netherlands (X units), generating a 16% share of total imports.

Belgium was also the fastest-growing in terms of the honing or lapping machines for working metal imports, with a CAGR of +67.1% from 2012 to 2021. At the same time, the Netherlands (+25.2%) displayed positive paces of growth. Belgium (+56 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -56% from 2012 to 2021, respectively.

In value terms, the largest metal honing machine importing markets in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of +18.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, waning by -22.6% against the previous year. In general, the import price continues to indicate a significant decline. The growth pace was the most rapid in 2018 when the import price increased by 95% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-18.2%).

Source: IndexBox Platform