Netherlands: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in the Netherlands

After four years of growth, the Dutch tow-behind air compressor market decreased by -34.9% to $X in 2022. In general, consumption, however, continues to indicate a tangible increase. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Tow-Behind Air Compressor Production in the Netherlands

In value terms, tow-behind air compressor production shrank dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a modest increase. The most prominent rate of growth was recorded in 2018 when the production volume decreased by -0.7%. Tow-behind air compressor production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Tow-Behind Air Compressor Exports

Exports from the Netherlands

In 2022, after two years of growth, there was significant decline in shipments abroad of air compressors mounted on a wheeled chassis for towing, when their volume decreased by -15.6% to X units. In general, exports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2014 when exports increased by 63%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, tow-behind air compressor exports shrank to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 66% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), Belgium (X units) and Denmark (X units) were the main destinations of tow-behind air compressor exports from the Netherlands, together comprising 63% of total exports. France, Sweden, Poland, China, the UK, Spain and Turkey lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +15.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) constituted the largest markets for tow-behind air compressor exported from the Netherlands worldwide, together accounting for 64% of total exports.

In terms of the main countries of destination, France, with a CAGR of +25.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tow-behind air compressor export price stood at $X per unit in 2022, picking up by 5.5% against the previous year. Over the period under review, the export price posted a noticeable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 39%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tow-Behind Air Compressor Imports

Imports into the Netherlands

After five years of growth, purchases abroad of air compressors mounted on a wheeled chassis for towing decreased by -21.8% to X units in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. Imports peaked at X units in 2021, and then dropped dramatically in the following year.

In value terms, tow-behind air compressor imports shrank remarkably to $X in 2022. Over the period under review, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 51%. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest tow-behind air compressor supplier to the Netherlands, accounting for a 47% share of total imports. Moreover, tow-behind air compressor imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.0% per year) and Taiwan (Chinese) (-1.2% per year).

In value terms, Germany ($X), China ($X) and Belgium ($X) were the largest tow-behind air compressor suppliers to the Netherlands, with a combined 66% share of total imports. The UK, Italy, Taiwan (Chinese), India and South Korea lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, India, with a CAGR of +38.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tow-behind air compressor import price stood at $X per unit in 2022, which is down by -18% against the previous year. Over the period under review, the import price showed a noticeable downturn. The pace of growth was the most pronounced in 2016 an increase of 18%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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