Benelux: Industrial Robot Market 2024

Industrial Robot Market Size in Benelux

The Benelux industrial robot market soared to $X in 2021, jumping by 101% against the previous year. Over the period under review, consumption continues to indicate a slight increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Industrial Robot Production in Benelux

In value terms, industrial robot production expanded notably to $X in 2021 estimated in export price. In general, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by 50%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Industrial Robot Exports

Exports in Benelux

In 2021, overseas shipments of industrial robots for multiple uses decreased by -12.6% to X units, falling for the third year in a row after seven years of growth. In general, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 87% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial robot exports totaled $X in 2021. Over the period under review, exports, however, saw a strong increase. The growth pace was the most rapid in 2017 with an increase of 69% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X units) and Belgium (X units) represented roughly 70% of total exports in 2021. It was distantly followed by the Netherlands (X units), achieving a 30% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +24.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial robot supplying countries in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of +16.4%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, jumping by 18% against the previous year. Export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial robot export price increased by +76.7% against 2017 indices. The growth pace was the most rapid in 2019 an increase of 24% against the previous year. Over the period under review, the export prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

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 the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the other leaders experienced mixed trends in the export price figures.

Industrial Robot Imports

Imports in Benelux

In 2021, purchases abroad of industrial robots for multiple uses was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 84%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, industrial robot imports skyrocketed to $X in 2021. Total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 40%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X units) and the Netherlands (X units) represented the main importers of industrial robots for multiple uses in Benelux, together creating 75% of total imports. It was distantly followed by Luxembourg (X units), comprising a 25% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Luxembourg (with a CAGR of +22.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest industrial robot importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main importing countries, Luxembourg, with a CAGR of +14.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, picking up by 12% against the previous year. Import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the import price increased by 37% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

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 ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform