Benelux: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in Benelux

The Benelux thread rolling machine market soared to $X in 2022, growing by 101% against the previous year. Overall, consumption saw a deep contraction. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Thread Rolling Machine Production in Benelux

In value terms, thread rolling machine production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 15%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Thread Rolling Machine Exports

Exports in Benelux

In 2022, approx. X units of thread rolling machines for working metal, sintered metal carbides or cermets were exported in Benelux; growing by 3,400% on the previous year's figure. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 254,325% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, thread rolling machine exports skyrocketed to $X in 2022. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 5,270%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands was the key exporting country with an export of around X units, which resulted at 89% of total exports. It was distantly followed by Belgium (X units), constituting an 11% share of total exports.

The Netherlands was also the fastest-growing in terms of the thread rolling machines for working metal, sintered metal carbides or cermets exports, with a CAGR of +57.9% from 2012 to 2022. At the same time, Belgium (+2.9%) displayed positive paces of growth. While the share of the Netherlands (+89 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-88.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest thread rolling machine supplier in Benelux, comprising 97% of total exports. The second position in the ranking was held by Belgium ($X), with a 2.6% share of total exports.

In the Netherlands, thread rolling machine exports increased at an average annual rate of +43.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, waning by -58.1% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 28,825% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-9.4%).

Thread Rolling Machine Imports

Imports in Benelux

Thread rolling machine imports fell notably to X units in 2022, waning by -98.9% compared with the previous year's figure. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by 2,279%. Over the period under review, imports hit record highs at X units in 2021, and then dropped sharply in the following year.

In value terms, thread rolling machine imports surged to $X in 2022. Overall, imports showed a deep setback. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) represented the largest importer of thread rolling machines for working metal, sintered metal carbides or cermets, achieving 50% of total imports. Belgium (X units) held the second position in the ranking, distantly followed by Luxembourg (X units). All these countries together held approx. 50% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +13.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Belgium ($X) constitutes the largest market for imported thread rolling machines for working metal, sintered metal carbides or cermets in Benelux, comprising 87% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports.

In Belgium, thread rolling machine imports decreased by an average annual rate of -13.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+1.4% per year) and Luxembourg (+1.7% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, surging by 61,845% against the previous year. Overall, the import price, however, saw a perceptible reduction. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 Belgium ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform