Benelux: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Benelux

The Benelux non-electric bakery oven market dropped significantly to $X in 2022, shrinking by -24.3% against the previous year. In general, consumption continues to indicate a mild reduction. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Bakery Oven Production in Benelux

In value terms, non-electric bakery oven production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 4.8%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Non-Electric Bakery Oven Exports

Exports in Benelux

In 2022, approx. X units of non-electric bakery ovens were exported in Benelux; rising by 66% on 2021 figures. Over the period under review, exports saw a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 150%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-electric bakery oven exports surged to $X in 2022. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 167%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands dominates exports structure, accounting for X units, which was approx. 87% of total exports in 2022. It was distantly followed by Belgium (X units), making up an 8.5% share of total exports. Luxembourg (X units) took a relatively small share of total exports.

The Netherlands was also the fastest-growing in terms of the non-electric bakery ovens exports, with a CAGR of +18.7% from 2012 to 2022. At the same time, Luxembourg (+2.2%) displayed positive paces of growth. By contrast, Belgium (-1.7%) illustrated a downward trend over the same period. The Netherlands (+34 p.p.) significantly strengthened its position in terms of the total exports, while Luxembourg and Belgium saw its share reduced by -7.6% and -25.9% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) emerged as the largest non-electric bakery oven supplier in Benelux, comprising 83% of total exports. The second position in the ranking was taken by Luxembourg ($X), with an 8.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +15.1%. In the other countries, the average annual rates were as follows: Luxembourg (+5.7% per year) and Belgium (-6.1% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, picking up by 18% against the previous year. In general, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 an increase of 37%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+3.3%), while the other leaders experienced a decline in the export price figures.

Non-Electric Bakery Oven Imports

Imports in Benelux

In 2022, non-electric bakery oven imports in Benelux fell sharply to X units, which is down by -68.1% on the year before. In general, imports saw a mild reduction. The pace of growth appeared the most rapid in 2018 with an increase of 629% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, non-electric bakery oven imports contracted markedly to $X in 2022. Overall, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 278%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units) and Belgium (X units) were the largest importers of non-electric bakery ovens in 2022, resulting at near 45% and 45% of total imports, respectively. It was distantly followed by Luxembourg (X units), committing a 10% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +6.8%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) constituted the countries with the highest levels of imports in 2022.

In terms of the main importing countries, the Netherlands, with a CAGR of +4.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, picking up by 32% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 150%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (-0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform