Benelux: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in Benelux

The Benelux iron or steel towers market fell notably to $X in 2021, shrinking by -26.8% against the previous year. Over the period under review, consumption, however, showed temperate growth. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Towers And Lattice Masts in Benelux

In value terms, iron or steel towers production reduced dramatically to $X in 2021 estimated in export price. Overall, production showed a abrupt curtailment. The growth pace was the most rapid in 2020 when the production volume increased by 1,610% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Iron Or Steel Towers And Lattice Masts

Exports in Benelux

In 2021, after five years of growth, there was significant decline in overseas shipments of iron or steel towers and lattice masts, when their volume decreased by -45.9% to X tons. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,354% against the previous year. As a result, the exports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, iron or steel towers exports fell dramatically to $X in 2021. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,370% against the previous year. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

The biggest shipments were from Belgium (X tons) and the Netherlands (X tons), together accounting for 100% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of +80.7%).

In value terms, Belgium ($X) emerged as the largest iron or steel towers supplier in Benelux, comprising 67% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 33% share of total exports.

In Belgium, iron or steel towers exports increased at an average annual rate of +69.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, rising by 51% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 91% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat 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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.7%).

Imports of Iron Or Steel Towers And Lattice Masts

Imports in Benelux

After three years of growth, purchases abroad of iron or steel towers and lattice masts decreased by -44.1% to X tons in 2021. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 215% against the previous year. The volume of import peaked at X tons in 2020, and then shrank significantly in the following year.

In value terms, iron or steel towers imports dropped dramatically to $X in 2021. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 108% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then reduced sharply in the following year.

Imports by Country

In 2021, the Netherlands (X tons) represented the key importer of iron or steel towers and lattice masts, mixing up 70% of total imports. It was distantly followed by Belgium (X tons), comprising a 30% share of total imports.

The Netherlands was also the fastest-growing in terms of the iron or steel towers and lattice masts imports, with a CAGR of +27.7% from 2012 to 2021. At the same time, Belgium (+11.4%) displayed positive paces of growth. While the share of the Netherlands (+29 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-29 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported iron or steel towers and lattice masts in Benelux, comprising 75% of total imports. The second position in the ranking was taken by Belgium ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +26.2%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, surging by 3.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 18%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat 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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.2%).

Source: IndexBox Platform