Benelux: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

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

In 2022, the Benelux non-numerically controlled sharpening machine market increased by 52% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw resilient growth. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the near future.

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

In value terms, non-numerically controlled sharpening machine production fell rapidly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 386% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports in Benelux

In 2022, overseas shipments of non-numerically controlled sharpening machines for working metal decreased by -14.4% to X units, falling for the third consecutive year after four years of growth. In general, exports, however, saw temperate growth. The most prominent rate of growth was recorded in 2018 when exports increased by 149%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine exports dropped dramatically to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 49% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands was the largest exporter of non-numerically controlled sharpening machines for working metal in Benelux, with the volume of exports resulting at X units, which was near 90% of total exports in 2022. It was distantly followed by Belgium (X units), constituting a 10% share of total exports.

The Netherlands was also the fastest-growing in terms of the non-numerically controlled sharpening machines for working metal exports, with a CAGR of +3.7% from 2012 to 2022. Belgium (-2.4%) illustrated a downward trend over the same period. The Netherlands (+7.1 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -7% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest non-numerically controlled sharpening machine supplier in Benelux, comprising 71% of total exports. The second position in the ranking was taken by Belgium ($X), with a 29% share of total exports.

In the Netherlands, non-numerically controlled sharpening machine exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, with a decrease of -21.4% against the previous year. Over the period under review, the export price saw a pronounced contraction. The growth pace was the most rapid in 2021 an increase of 90% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a 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 Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.9%).

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports in Benelux

In 2022, approx. X units of non-numerically controlled sharpening machines for working metal were imported in Benelux; which is down by -2.6% compared with the previous year. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 155% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-numerically controlled sharpening machine imports contracted rapidly to $X in 2022. In general, imports, however, posted slight growth. The pace of growth was the most pronounced in 2020 with an increase of 56%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) represented the main importer of non-numerically controlled sharpening machines for working metal, creating 86% of total imports. It was distantly followed by Belgium (X units), mixing up a 13% share of total imports.

The Netherlands was also the fastest-growing in terms of the non-numerically controlled sharpening machines for working metal imports, with a CAGR of +7.4% from 2012 to 2022. At the same time, Belgium (+3.5%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by +4.6 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-numerically controlled sharpening machines for working metal in Benelux, comprising 67% of total imports. The second position in the ranking was held by Belgium ($X), with a 27% share of total imports.

In the Netherlands, non-numerically controlled sharpening machine imports increased at an average annual rate of +4.2% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, falling by -35.9% against the previous year. Overall, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 59% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 the Netherlands (-2.9%).

Source: IndexBox Platform