Benelux: Non-Electric Pulley Tackle Market 2024

Non-Electric Pulley Tackle Market Size in Benelux

The Benelux non-electric pulley tackle market shrank modestly to $X in 2022, declining by -3.2% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Non-Electric Pulley Tackle Production in Benelux

In value terms, non-electric pulley tackle production amounted to $X in 2022 estimated in export price. In general, production, however, saw a pronounced descent. The pace of growth was the most pronounced in 2014 when the production volume increased by 65%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Non-Electric Pulley Tackle Exports

Exports in Benelux

In 2022, non-electric pulley tackle exports in Benelux soared to X units, picking up by 30% compared with the previous year's figure. Overall, exports continue to indicate a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electric pulley tackle exports expanded markedly to $X in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands was the largest exporter of pulley tackle and hoists, non-powered by electric motor in Benelux, with the volume of exports amounting to X units, which was near 89% of total exports in 2022. It was distantly followed by Belgium (X units), making up an 11% share of total exports.

The Netherlands was also the fastest-growing in terms of the pulley tackle and hoists, non-powered by electric motor exports, with a CAGR of +7.4% from 2012 to 2022. At the same time, Belgium (+2.8%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by +5.2 percentage points.

In value terms, the Netherlands ($X) remains the largest non-electric pulley tackle supplier in Benelux, comprising 92% of total exports. The second position in the ranking was held by Belgium ($X), with a 7.8% share of total exports.

In the Netherlands, non-electric pulley tackle exports increased at an average annual rate of +6.4% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, dropping by -13.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2013 an increase of 20% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.9%).

Non-Electric Pulley Tackle Imports

Imports in Benelux

In 2022, approx. X units of pulley tackle and hoists, non-powered by electric motor were imported in Benelux; rising by 27% compared with the previous year. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 29%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, non-electric pulley tackle imports expanded to $X in 2022. The total import value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 33%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) represented the largest importer of pulley tackle and hoists, non-powered by electric motor, generating 87% of total imports. It was distantly followed by Belgium (X units), generating a 13% share of total imports.

The Netherlands was also the fastest-growing in terms of the pulley tackle and hoists, non-powered by electric motor imports, with a CAGR of +8.9% from 2012 to 2022. At the same time, Belgium (+2.3%) displayed positive paces of growth. The Netherlands (+9.6 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -8.5% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported pulley tackle and hoists, non-powered by electric motor in Benelux, comprising 83% of total imports. The second position in the ranking was held by Belgium ($X), with a 16% share of total imports.

In the Netherlands, non-electric pulley tackle imports increased at an average annual rate of +5.5% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, reducing by -18.3% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2018 when the import price increased by 3.1%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat 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 stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-3.1%).

Source: IndexBox Platform