Benelux: Super-Heated Water Boiler Market 2024

Super-Heated Water Boiler Market Size in Benelux

In 2021, after two years of growth, there was significant decline in the Benelux super-heated water boiler market, when its value decreased by -33.2% to $X. In general, consumption continues to indicate a slight reduction. The level of consumption peaked at $X in 2020, and then shrank notably in the following year.

Super-Heated Water Boiler Production in Benelux

In value terms, super-heated water boiler production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 30% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then fell slightly in the following year.

Super-Heated Water Boiler Exports

Exports in Benelux

In 2021, the amount of super-heated water boilers exported in Benelux surged to X tons, growing by 476% against the previous year. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, super-heated water boiler exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 315%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X tons) was the key exporter of super-heated water boilers, creating 87% of total exports. It was distantly followed by Belgium (X tons), creating a 13% share of total exports.

The Netherlands was also the fastest-growing in terms of the super-heated water boilers exports, with a CAGR of +34.6% from 2012 to 2021. At the same time, Belgium (+22.4%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +16 percentage points.

In value terms, the Netherlands ($X) remains the largest super-heated water boiler supplier in Benelux, comprising 67% of total exports. The second position in the ranking was held by Belgium ($X), with a 33% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +26.0%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, dropping by -37.9% against the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2014 when the export price increased by 221% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: 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 (+13.5%).

Super-Heated Water Boiler Imports

Imports in Benelux

In 2021, approx. X tons of super-heated water boilers were imported in Benelux; with an increase of 34% compared with the previous year's figure. Overall, imports continue to indicate a temperate increase. The pace of growth was the most pronounced in 2014 with an increase of 246% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, super-heated water boiler imports fell markedly to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 141%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) was the largest importer of super-heated water boilers, achieving 74% of total imports. It was distantly followed by the Netherlands (X tons), generating a 25% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to super-heated water boiler imports into Belgium stood at +2.4%. At the same time, the Netherlands (+4.7%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of +4.7% from 2012-2021. The Netherlands (+4 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -1.6% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2021.

Among the main importing countries, Belgium, with a CAGR of +2.9%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, falling by -44.1% against the previous year. Overall, the import price saw a noticeable contraction. The pace of growth was the most pronounced in 2016 an increase of 90% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.5%).

Source: IndexBox Platform