Benelux: Particle Accelerator Market 2024

Particle Accelerator Market Size in Benelux

The Benelux particle accelerator market fell remarkably to $X in 2021, with a decrease of -55.1% against the previous year. Overall, consumption recorded a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Particle Accelerator Production in Benelux

In value terms, particle accelerator production fell modestly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 5.7%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Particle Accelerator Exports

Exports in Benelux

In 2021, the amount of particle accelerators exported in Benelux skyrocketed to X units, jumping by 483% on 2020. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, particle accelerator exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium prevails in exports structure, accounting for X units, which was near 92% of total exports in 2021. It was distantly followed by the Netherlands (X units), comprising a 7.6% share of total exports.

Belgium was also the fastest-growing in terms of the particle accelerators exports, with a CAGR of +57.1% from 2012 to 2021. At the same time, the Netherlands (+6.8%) displayed positive paces of growth. While the share of Belgium (+65 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-64.9 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest particle accelerator supplier in Benelux, comprising 85% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of total exports.

In Belgium, particle accelerator exports expanded at an average annual rate of +31.7% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, which is down by -32% against the previous year. Overall, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 154% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.1%).

Particle Accelerator Imports

Imports in Benelux

In 2021, particle accelerator imports in Benelux expanded to X units, increasing by 2.6% against 2020 figures. Overall, imports, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 123%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, particle accelerator imports declined to $X in 2021. Over the period under review, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 235%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X units) was the major importer of particle accelerators, mixing up 61% of total imports. The Netherlands (X units) ranks second in terms of the total imports with a 26% share, followed by Luxembourg (13%).

From 2012 to 2021, average annual rates of growth with regard to particle accelerator imports into Belgium stood at -32.1%. At the same time, Luxembourg (+45.2%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +45.2% from 2012-2021. By contrast, the Netherlands (-19.3%) illustrated a downward trend over the same period. While the share of the Netherlands (+18 p.p.) and Luxembourg (+13 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-30.7 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported particle accelerators in Benelux, comprising 77% of total imports. The second position in the ranking was taken by Luxembourg ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Belgium stood at -19.8%. The remaining importing countries recorded the following average annual rates of imports growth: Luxembourg (+58.1% per year) and the Netherlands (-14.3% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, dropping by -11.5% against the previous year. Overall, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by 182% against the previous year. As a result, import price reached the peak level of $X per unit, and then fell in the following year.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+18.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform