Benelux: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in Benelux

The Benelux non-electric air heater market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in Benelux

In value terms, non-electric air heater production reduced notably to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 93%. As a result, production reached the peak level of $X, and then shrank rapidly in the following year.

Non-Electric Air Heater Exports

Exports in Benelux

In 2022, the amount of non-electric air heaters or hot air distributors exported in Benelux contracted rapidly to X units, dropping by -24.3% against the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, non-electric air heater exports declined dramatically to $X in 2022. Over the period under review, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 20%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, picking up by 8.7% against the previous year. Overall, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 10%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Belgium (+2.6%).

Non-Electric Air Heater Imports

Imports in Benelux

In 2022, purchases abroad of non-electric air heaters or hot air distributors increased by 2.5% to X units, rising for the fifth consecutive year after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 28% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric air heater imports amounted to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 28% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands represented the main importer of non-electric air heaters or hot air distributors in Benelux, with the volume of imports amounting to X units, which was near 77% of total imports in 2022. It was distantly followed by Belgium (X units), creating a 19% share of total imports. Luxembourg (X units) took a minor share of total imports.

Imports into the Netherlands increased at an average annual rate of +3.1% from 2012 to 2022. At the same time, Luxembourg (+7.5%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +7.5% from 2012-2022. By contrast, Belgium (-5.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+16 p.p.) and Luxembourg (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-17.5 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-electric air heaters or hot air distributors in Benelux, comprising 76% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports.

In the Netherlands, non-electric air heater imports expanded at an average annual rate of +3.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-6.0% per year) and Luxembourg (+5.1% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, waning by -2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 12%. The level of import peaked at $X per unit in 2016; however, from 2017 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 Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform