Benelux: Metal Non-Electric Bell Market 2025

Metal Non-Electric Bell Market Size in Benelux

In 2021, after three years of growth, there was decline in the Benelux metal non-electric bell market, when its value decreased by -2% to $X. Over the period under review, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by 3.3% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Metal Non-Electric Bell Production in Benelux

In value terms, metal non-electric bell production shrank modestly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 6.4%. Over the period under review, production reached the peak level at $X in 2020, and then declined slightly in the following year.

Metal Non-Electric Bell Exports

Exports in Benelux

In 2021, shipments abroad of non-electric bells and gongs of base metal increased by 15% to X tons, rising for the third year in a row after two years of decline. In general, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 38%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, metal non-electric bell exports surged to $X in 2021. Overall, exports showed a strong expansion. The growth pace was the most rapid in 2019 with an increase of 35%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

In 2021, the Netherlands (X tons) represented the major exporter of non-electric bells and gongs of base metal, achieving 81% of total exports. It was distantly followed by Belgium (X tons), constituting an 18% share of total exports.

The Netherlands was also the fastest-growing in terms of the non-electric bells and gongs of base metal exports, with a CAGR of +14.6% from 2012 to 2021. At the same time, Belgium (+11.7%) displayed positive paces of growth. While the share of the Netherlands (+6.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-2.9 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest metal non-electric bell supplier in Benelux, comprising 80% of total exports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +12.6%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, rising by 1.6% against the previous year. Overall, the export price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2017 when the export price increased by 19%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably 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 Belgium (+3.0%).

Metal Non-Electric Bell Imports

Imports in Benelux

For the fourth year in a row, Benelux recorded growth in overseas purchases of non-electric bells and gongs of base metal, which increased by 12% to X tons in 2021. The total import volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 21%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, metal non-electric bell imports skyrocketed to $X in 2021. Over the period under review, imports posted resilient growth. The pace of growth appeared the most rapid in 2019 when imports increased by 34% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Imports by Country

In 2021, the Netherlands (X tons) was the largest importer of non-electric bells and gongs of base metal, comprising 70% of total imports. It was distantly followed by Belgium (X tons), constituting a 27% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

Imports into the Netherlands increased at an average annual rate of +3.3% from 2012 to 2021. At the same time, Belgium (+8.9%) and Luxembourg (+2.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +8.9% from 2012-2021. From 2012 to 2021, the share of Belgium increased by +8.4 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) were the countries with the highest levels of imports in 2021, with a combined 99.9% share of total imports.

Among the main importing countries, Belgium, with a CAGR of +12.7%, recorded the highest rates of growth with regard to 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 ton in 2021, surging by 12% against the previous year. Import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal non-electric bell import price increased by +81.7% against 2015 indices. The growth pace was the most rapid in 2017 when the import price increased by 17% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform