Benelux: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Benelux

The Benelux non-numerically controlled drilling machine market skyrocketed to $X in 2021, picking up by 62% against the previous year. Overall, consumption, however, continues to indicate a abrupt contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Non-Numerically Controlled Drilling Machines For Working Metal in Benelux

In value terms, non-numerically controlled drilling machine production reduced dramatically to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a sharp contraction. The growth pace was the most rapid in 2013 with an increase of 1,243%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports in Benelux

In 2021, shipments abroad of non-numerically controlled drilling machines for working metal decreased by -13.1% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 657% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-numerically controlled drilling machine exports surged to $X in 2021. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2015 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, the Netherlands (X tons) represented the main exporter of non-numerically controlled drilling machines for working metal, constituting 78% of total exports. It was distantly followed by Belgium (X tons), constituting a 22% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of non-numerically controlled drilling machines for working metal. At the same time, Belgium (+2.1%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +2.1% from 2012-2021. Belgium (+3.2 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -3.1% from 2012 to 2021, respectively.

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2021.

Belgium, with a CAGR of -5.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, jumping by 36% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2014 when the export price increased by 910% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: 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 Belgium (-7.4%).

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports in Benelux

In 2021, non-numerically controlled drilling machine imports in Benelux surged to X tons, growing by 30% compared with the previous year's figure. In general, imports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2014 with an increase of 188%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled drilling machine imports totaled $X in 2021. Overall, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the main importer of non-numerically controlled drilling machines for working metal, comprising 80% of total imports. It was distantly followed by Belgium (X tons), creating an 18% share of total imports. Luxembourg (X tons) held a minor share of total imports.

Imports into the Netherlands decreased at an average annual rate of -6.7% from 2012 to 2021. At the same time, Belgium (+15.6%) and Luxembourg (+6.9%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +15.6% from 2012-2021. From 2012 to 2021, the share of Belgium increased by +15 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-numerically controlled drilling machines for working metal in Benelux, comprising 64% of total imports. The second position in the ranking was taken by Belgium ($X), with a 31% share of total imports.

In the Netherlands, non-numerically controlled drilling machine imports contracted by an average annual rate of -2.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (-4.3% per year) and Luxembourg (+6.0% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, falling by -20.6% against the previous year. Over the period under review, the import price, however, saw a mild increase. The most prominent rate of growth was recorded in 2013 an increase of 348%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($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 (+4.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform