Benelux: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Benelux

The Benelux metal pickling preparations market contracted to $X in 2021, shrinking by -6.5% against the previous year. In general, consumption saw a pronounced downturn. The pace of growth appeared the most rapid in 2017 when the market value increased by 9.1% against the previous year. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Metal Pickling Preparations Production in Benelux

In value terms, metal pickling preparations production rose sharply to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt downturn. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Pickling Preparations Exports

Exports in Benelux

In 2021, after three years of decline, there was growth in shipments abroad of pickling preparations for metal surfaces, when their volume increased by 1.3% to X tons. Overall, exports, however, continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 when exports increased by 30%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, metal pickling preparations exports surged to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 30%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium was the key exporting country with an export of around X tons, which finished at 83% of total exports. It was distantly followed by the Netherlands (X tons), generating a 17% share of total exports.

Belgium was also the fastest-growing in terms of the pickling preparations for metal surfaces exports, with a CAGR of -1.6% from 2012 to 2021. The Netherlands (-9.3%) illustrated a downward trend over the same period. While the share of Belgium (+13 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-12.9 p.p.) displayed negative dynamics.

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

In terms of the main exporting countries, Belgium, with a CAGR of +1.0%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, rising by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%).

Metal Pickling Preparations Imports

Imports in Benelux

For the fourth consecutive year, Benelux recorded decline in overseas purchases of pickling preparations for metal surfaces, which decreased by -25.5% to X tons in 2021. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2017 when imports increased by 30%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, metal pickling preparations imports skyrocketed to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Imports by Country

In 2021, the Netherlands (X tons) was the largest importer of pickling preparations for metal surfaces, comprising 72% of total imports. It was distantly followed by Belgium (X tons), mixing up a 26% share of total imports. Luxembourg (X tons) took a little share of total imports.

The Netherlands was also the fastest-growing in terms of the pickling preparations for metal surfaces imports, with a CAGR of -4.2% from 2012 to 2021. Luxembourg (-5.6%) and Belgium (-13.9%) illustrated a downward trend over the same period. The Netherlands (+21 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -21.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported pickling preparations for metal surfaces in Benelux, comprising 77% of total imports. The second position in the ranking was held by Belgium ($X), with a 22% share of total imports.

In the Netherlands, metal pickling preparations imports expanded at an average annual rate of +4.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (-5.4% per year) and Luxembourg (-10.2% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, jumping by 55% against the previous year. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the import price increased by 58%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform