Benelux: Drawing Board Market 2024

Drawing Board Market Size in Benelux

In 2022, the Benelux drawing board market decreased by -32.3% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then contracted sharply in the following year.

Drawing Board Production in Benelux

In value terms, drawing board production declined modestly to $X in 2022 estimated in export price. In general, production, however, saw buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 753% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Drawing Board Exports

Exports in Benelux

Drawing board exports totaled X units in 2022, increasing by 14% on the previous year. The total export volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 19% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, drawing board exports declined to $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, the Netherlands (X units) represented the major exporter of slates and boards with writing or drawing surfaces, comprising 87% of total exports. It was distantly followed by Belgium (X units), committing a 13% share of total exports.

The Netherlands was also the fastest-growing in terms of the slates and boards with writing or drawing surfaces exports, with a CAGR of +4.2% from 2012 to 2022. Belgium (-2.4%) illustrated a downward trend over the same period. The Netherlands (+9.6 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -9.5% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest drawing board supplier in Benelux, comprising 84% of total exports. The second position in the ranking was taken by Belgium ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at +2.3%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, which is down by -23.4% against the previous year. In general, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined notably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.5%).

Drawing Board Imports

Imports in Benelux

Drawing board imports shrank to X units in 2022, dropping by -5.7% against the previous year. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 16%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, drawing board imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

The Netherlands was the major importing country with an import of around X units, which accounted for 81% of total imports. It was distantly followed by Belgium (X units), creating an 18% share of total imports.

The Netherlands was also the fastest-growing in terms of the slates and boards with writing or drawing surfaces imports, with a CAGR of +1.9% from 2012 to 2022. Belgium (-2.6%) illustrated a downward trend over the same period. The Netherlands (+7.8 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -7.6% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported slates and boards with writing or drawing surfaces in Benelux, comprising 75% of total imports. The second position in the ranking was held by Belgium ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +4.5%.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 when the import price increased by 23% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 (+2.5%).

Source: IndexBox Platform