Benelux: Spades And Shovels Market 2025

Spades And Shovels Market Size in Benelux

In 2021, after six years of growth, there was significant decline in the Benelux spades and shovels market, when its value decreased by -6.2% to $X. The total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +89.8% against 2014 indices. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Spades And Shovels Production in Benelux

In value terms, spades and shovels production expanded significantly to $X in 2021 estimated in export price. Overall, production posted a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 56%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Spades And Shovels Exports

Exports in Benelux

In 2021, the amount of spades and shovels exported in Benelux skyrocketed to X tons, rising by 35% against the previous year. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 140%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, spades and shovels exports soared to $X in 2021. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 181% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The Netherlands prevails in exports structure, amounting to X tons, which was near 93% of total exports in 2021. It was distantly followed by Belgium (X tons), constituting a 7.5% share of total exports.

The Netherlands was also the fastest-growing in terms of the spades and shovels exports, with a CAGR of +24.2% from 2012 to 2021. Belgium (-2.5%) illustrated a downward trend over the same period. The Netherlands (+34 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -34.2% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest spades and shovels supplier in Benelux, comprising 88% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports.

In the Netherlands, spades and shovels exports increased at an average annual rate of +24.9% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, which is down by -10.8% against the previous year. Export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, spades and shovels export price decreased by -22.6% against 2018 indices. The pace of growth was the most pronounced in 2018 when the export price increased by 37% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%).

Spades And Shovels Imports

Imports in Benelux

Spades and shovels imports rose notably to X tons in 2021, increasing by 13% on the previous year's figure. Overall, imports posted a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by 79%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, spades and shovels imports expanded significantly to $X in 2021. Over the period under review, imports posted a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 93% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

The Netherlands was the key importer of spades and shovels in Benelux, with the volume of imports amounting to X tons, which was near 86% of total imports in 2021. It was distantly followed by Belgium (X tons), generating a 13% share of total imports.

The Netherlands was also the fastest-growing in terms of the spades and shovels imports, with a CAGR of +20.4% from 2012 to 2021. Belgium (-3.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +41 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported spades and shovels in Benelux, comprising 82% of total imports. The second position in the ranking was taken by Belgium ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands amounted to +17.1%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, waning by -4.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 19%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.4%).

Source: IndexBox Platform