Benelux: Seeder And Planter Market 2024

Seeder And Planter Market Size in Benelux

The Benelux seeder and planter market was finally on the rise to reach $X in 2021, after four years of decline. Over the period under review, consumption, however, faced a abrupt setback. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Seeder And Planter Production in Benelux

In value terms, seeder and planter production shrank to $X in 2021 estimated in export price. Overall, production, however, faced a sharp decrease. The growth pace was the most rapid in 2016 when the production volume increased by 47%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Seeder And Planter Exports

Exports in Benelux

Seeder and planter exports surged to X units in 2016, growing by 22% on 2015. The total export volume increased at an average annual rate of +6.2% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 25%. The volume of export peaked in 2016 and is likely to see gradual growth in years to come.

In value terms, seeder and planter exports skyrocketed to $X in 2016. The total export value increased at an average annual rate of +8.4% over the period from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 27% against the previous year. The level of export peaked in 2016 and is expected to retain growth in the immediate term.

Exports by Country

The Netherlands was the major exporting country with an export of around X units, which amounted to 85% of total exports. It was distantly followed by Belgium (X units), constituting a 15% share of total exports.

The Netherlands was also the fastest-growing in terms of the seeders, planters, transplanters exports, with a CAGR of +10.8% from 2012 to 2016. Belgium (-7.7%) illustrated a downward trend over the same period. From 2012 to 2016, the share of the Netherlands increased by +13 percentage points.

In value terms, the Netherlands ($X) remains the largest seeder and planter supplier in Benelux, comprising 80% of total exports. The second position in the ranking was held by Belgium ($X), with a 20% share of total exports.

From 2012 to 2016, the average annual growth rate of value in the Netherlands stood at +11.9%.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2016, rising by 2.6% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2014 an increase of 4.3% against the previous year. The level of export peaked in 2016 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2016, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Belgium (+8.9%).

Seeder And Planter Imports

Imports in Benelux

In 2016, seeder and planter imports in Benelux dropped to X units, falling by -5.8% against 2015 figures. The total import volume increased at an average annual rate of +1.6% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 46%. As a result, imports reached the peak of X units. From 2014 to 2016, the growth of imports remained at a lower figure.

In value terms, seeder and planter imports rose to $X in 2016. The total import value increased at an average annual rate of +2.0% from 2012 to 2016; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 when imports increased by 20% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2016, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands prevails in imports structure, reaching X units, which was near 88% of total imports in 2016. It was distantly followed by Belgium (X units), constituting a 9.4% 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 seeders, planters, transplanters imports, with a CAGR of +7.1% from 2012 to 2016. Luxembourg (-16.3%) and Belgium (-19.3%) illustrated a downward trend over the same period. While the share of the Netherlands (+17 p.p.) increased significantly in terms of the total imports from 2012-2016, the share of Luxembourg (-2.6 p.p.) and Belgium (-14.2 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported seeders, planters, transplanters in Benelux, comprising 81% of total imports. The second position in the ranking was held by Belgium ($X), with a 16% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of value in the Netherlands totaled +12.7%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-17.3% per year) and Luxembourg (-19.7% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2016, surging by 8.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 19%. The level of import peaked in 2016 and is expected to retain growth in the immediate term.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform