Benelux: Hydraulic Press Market 2024

Hydraulic Press Market Size in Benelux

In 2022, the Benelux hydraulic press market decreased by -12.5% to $X, falling for the fourth consecutive year after four years of growth. Overall, consumption, however, enjoyed a buoyant expansion. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Hydraulic Press Production in Benelux

In value terms, hydraulic press production shrank to $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 210% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Hydraulic Press Exports

Exports in Benelux

In 2022, approx. X units of hydraulic presses for working metal were exported in Benelux; picking up by 12% on 2021 figures. In general, exports posted a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by 52%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, hydraulic press exports shrank to $X in 2022. Overall, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 143% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands was the largest exporting country with an export of about X units, which resulted at 79% of total exports. It was distantly followed by Belgium (X units), generating a 21% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hydraulic press exports from the Netherlands stood at +7.0%. At the same time, Belgium (+23.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +23.0% from 2012-2022. While the share of Belgium (+15 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (-14.7 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest hydraulic press supplier in Benelux, comprising 79% of total exports. The second position in the ranking was taken by Belgium ($X), with a 21% share of total exports.

In the Netherlands, hydraulic press exports expanded at an average annual rate of +3.3% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, reducing by -18.9% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 62%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

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 the Netherlands (-3.4%).

Hydraulic Press Imports

Imports in Benelux

In 2022, after three years of growth, there was significant decline in overseas purchases of hydraulic presses for working metal, when their volume decreased by -6.4% to X units. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 116% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, hydraulic press imports declined slightly to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 71% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X units) was the main importer of hydraulic presses for working metal, mixing up 72% of total imports. It was distantly followed by Belgium (X units), achieving a 28% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hydraulic press imports into the Netherlands stood at +8.6%. At the same time, Belgium (+17.4%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +17.4% from 2012-2022. While the share of Belgium (+13 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-12 p.p.) displayed negative dynamics.

In value terms, the largest hydraulic press importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of +3.0%, 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

In 2022, the import price in Benelux amounted to $X per unit, with an increase of 4.7% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when the import price increased by 38% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-8.7%).

Source: IndexBox Platform