Benelux: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Benelux

The Benelux pumps for liquids market skyrocketed to $X in 2022, with an increase of 39% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +74.8% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pumps For Liquids Production in Benelux

In value terms, pumps for liquids production soared to $X in 2022 estimated in export price. In general, production recorded a perceptible expansion. The pace of growth appeared the most rapid in 2020 with an increase of 122%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Pumps For Liquids Exports

Exports in Benelux

After six years of growth, shipments abroad of pumps for liquids decreased by -32.3% to X units in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 199% against the previous year. The volume of export peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, pumps for liquids exports reduced to $X in 2022. Overall, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 129% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The Netherlands dominates exports structure, amounting to X units, which was approx. 91% of total exports in 2022. It was distantly followed by Belgium (X units), constituting a 5.7% share of total exports. Luxembourg (X units) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the pumps for liquids exports, with a CAGR of +26.0% from 2012 to 2022. Luxembourg (-3.4%) and Belgium (-5.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+52 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Luxembourg (-14.1 p.p.) and Belgium (-38.3 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest pumps for liquids supplier in Benelux, comprising 85% of total exports. The second position in the ranking was taken by Luxembourg ($X), with a 7.6% share of total exports.

In the Netherlands, pumps for liquids exports expanded at an average annual rate of +15.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Luxembourg (-2.0% per year) and Belgium (-9.1% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, increasing by 30% against the previous year. Overall, the export price, however, saw a abrupt downturn. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 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 Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+1.4%), while the other leaders experienced a decline in the export price figures.

Pumps For Liquids Imports

Imports in Benelux

After five years of growth, supplies from abroad of pumps for liquids decreased by -13.2% to X units in 2022. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 96%. Over the period under review, imports reached the maximum at X units in 2021, and then reduced in the following year.

In value terms, pumps for liquids imports declined to $X in 2022. In general, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 85%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, the Netherlands (X units) was the major importer of pumps for liquids, constituting 83% of total imports. It was distantly followed by Belgium (X units), making up a 14% share of total imports. Luxembourg (X units) took a minor share of total imports.

The Netherlands was also the fastest-growing in terms of the pumps for liquids imports, with a CAGR of +18.7% from 2012 to 2022. At the same time, Belgium (+2.7%) displayed positive paces of growth. By contrast, Luxembourg (-2.9%) illustrated a downward trend over the same period. While the share of the Netherlands (+32 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Luxembourg (-8.8 p.p.) and Belgium (-23.3 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported pumps for liquids in Benelux, comprising 74% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports.

In the Netherlands, pumps for liquids imports expanded at an average annual rate of +14.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (-0.0% per year) and Luxembourg (+2.5% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, increasing by 8.8% against the previous year. Overall, the import price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2016 an increase of 16%. The level of import peaked at $X per unit in 2012; however, from 2013 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 Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+5.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform