Benelux: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2025

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Benelux

The Benelux market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021, growing by 92% against the previous year. Overall, consumption showed a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Benelux

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) totaled $X in 2021 estimated in export price. In general, production showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 75% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports in Benelux

In 2021, approx. X tons of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) were exported in Benelux; reducing by -25.9% on the previous year's figure. Total exports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 30%. Over the period under review, the exports of hit record highs at X tons in 2020, and then contracted significantly in the following year.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) expanded rapidly to $X in 2021. Total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.9% against 2015 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 18% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

Belgium was the main exporting country with an export of about X tons, which recorded 83% of total exports. It was distantly followed by the Netherlands (X tons), mixing up a 17% share of total exports.

Belgium was also the fastest-growing in terms of the internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exports, with a CAGR of +7.2% from 2012 to 2021. The Netherlands (-8.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +30 percentage points.

In value terms, Belgium ($X) remains the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) supplier in Benelux, comprising 94% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6.4% share of total exports.

In Belgium, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) expanded at an average annual rate of +5.3% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, increasing by 54% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 ton), while the Netherlands amounted to $X per ton.

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

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports in Benelux

In 2021, approx. X tons of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) were imported in Benelux; growing by 12% compared with the year before. Total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +125.2% against 2015 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) skyrocketed to $X in 2021. In general, imports showed a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 80%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in 2021 were Belgium (X tons) and the Netherlands (X tons), together accounting for 100% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +16.3%).

In value terms, the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) importing markets in Benelux were Belgium ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +21.1%, 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 ton in 2021, rising by 4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2020 when the import price increased by 25%. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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 (+4.1%).

Source: IndexBox Platform