Benelux: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Benelux

The Benelux non-electronic hydro- and hygrometers market declined dramatically to $X in 2021, shrinking by -21.3% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then shrank significantly in the following year.

Production of Non-Electronic Hydro-, Hygro-, Psychrometers in Benelux

In value terms, non-electronic hydro- and hygrometers production soared to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 104% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports in Benelux

In 2021, non-electronic hydro- and hygrometers exports in Benelux amounted to X units, approximately reflecting the year before. Total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -4.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 94% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-electronic hydro- and hygrometers exports rose significantly to $X in 2021. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 90% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The Netherlands was the major exporter of non-electronic hydro-, hygro-, psychrometers in Benelux, with the volume of exports accounting for X units, which was near 85% of total exports in 2021. It was distantly followed by Belgium (X units), mixing up a 14% share of total exports.

The Netherlands was also the fastest-growing in terms of the non-electronic hydro-, hygro-, psychrometers exports, with a CAGR of +5.3% from 2012 to 2021. Belgium (-2.2%) illustrated a downward trend over the same period. The Netherlands (+10 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -10.4% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest non-electronic hydro- and hygrometers supplier in Benelux, comprising 88% of total exports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands totaled +16.2%.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, surging by 11% against the previous year. Overall, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 54% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.3%).

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports in Benelux

In 2021, purchases abroad of non-electronic hydro-, hygro-, psychrometers decreased by -23.5% to X units for the first time since 2015, thus ending a five-year rising trend. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% 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 +69.1% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year. As a result, imports reached the peak of X units, and then declined significantly in the following year.

In value terms, non-electronic hydro- and hygrometers imports rose notably to $X in 2021. Overall, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by 33%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

The Netherlands was the largest importer of non-electronic hydro-, hygro-, psychrometers in Benelux, with the volume of imports recording X units, which was near 79% of total imports in 2021. It was distantly followed by Belgium (X units), generating a 19% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to non-electronic hydro- and hygrometers imports into the Netherlands stood at +2.3%. At the same time, Belgium (+3.4%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +3.4% from 2012-2021. While the share of the Netherlands (-2.1 p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-electronic hydro-, hygro-, psychrometers in Benelux, comprising 80% of total imports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands totaled +6.1%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, jumping by 44% against the previous year. Import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 unit), while Belgium stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.9%).

Source: IndexBox Platform