Netherlands: Market for Turbo, Rotary and Reciporating Displacement Compressors 2024

Market Size for Turbo, Rotary and Reciporating Displacement Compressors in the Netherlands

The Dutch market for turbo, rotary and reciporating displacement compressors shrank rapidly to $X in 2022, with a decrease of -32.1% against the previous year. Overall, consumption, however, saw buoyant growth. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced sharply in the following year.

Production of Turbo, Rotary and Reciporating Displacement Compressors in the Netherlands

In value terms, production of turbo, rotary and reciporating displacement compressors contracted modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 47%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Turbo, Rotary and Reciporating Displacement Compressors

Exports from the Netherlands

After three years of growth, shipments abroad of turbo, rotary and reciporating displacement compressors decreased by -5.3% to X units in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by 41%. The exports peaked at X units in 2021, and then reduced in the following year.

In value terms, exports of turbo, rotary and reciporating displacement compressors dropped dramatically to $X in 2022. Overall, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2016 with an increase of 19%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for exports of turbo, rotary and reciporating displacement compressors from the Netherlands, accounting for a 27% share of total exports. Moreover, exports of turbo, rotary and reciporating displacement compressors to Germany exceeded the volume sent to the second major destination, Belgium (X units), twofold. France (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-1.5% per year) and France (+7.9% per year).

In value terms, Germany ($X) remains the key foreign market for turbo, rotary and reciporating displacement compressors exports from the Netherlands, comprising 43% of total exports. The second position in the ranking was held by France ($X), with an 8.6% share of total exports. It was followed by Poland, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-10.5% per year) and Poland (+7.1% per year).

Export Prices by Country

In 2022, the average export price for turbo, rotary and reciporating displacement compressors amounted to $X per unit, shrinking by -21.7% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 15%. The export price peaked at $X per unit in 2016; however, from 2017 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 Germany ($X per unit), while the average price for exports to Ireland ($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 the UK (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Turbo, Rotary and Reciporating Displacement Compressors

Imports into the Netherlands

Imports of turbo, rotary and reciporating displacement compressors into the Netherlands plummeted to X units in 2022, shrinking by -22.3% on the year before. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. Over the period under review, imports of attained the maximum at X units in 2021, and then shrank rapidly in the following year.

In value terms, imports of turbo, rotary and reciporating displacement compressors dropped to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. Over the period under review, imports of reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest turbo, rotary and reciporating displacement compressor supplier to the Netherlands, accounting for a 64% share of total imports. Moreover, imports of turbo, rotary and reciporating displacement compressors from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The UK (X units) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.8% per year) and the UK (-2.7% per year).

In value terms, the UK ($X), Germany ($X) and China ($X) were the largest turbo, rotary and reciporating displacement compressor suppliers to the Netherlands, with a combined 61% share of total imports.

In terms of the main suppliers, China, with a CAGR of +14.1%, 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

In 2022, the average import price for turbo, rotary and reciporating displacement compressors amounted to $X per unit, picking up by 13% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in 2016 when the average import price increased by 18%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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