Netherlands: Magnetic Card Market 2025

Magnetic Card Market Size in the Netherlands

The Dutch magnetic card market soared to $X in 2021, increasing by 61% against the previous year. Over the period under review, consumption, however, continues to indicate a mild curtailment. Magnetic card consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Magnetic Card Production in the Netherlands

In value terms, magnetic card production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 127%. Magnetic card production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Magnetic Card Exports

Exports from the Netherlands

Magnetic card exports from the Netherlands amounted to X units in 2021, with an increase of 12% on the previous year. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 309% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, magnetic card exports skyrocketed to $X in 2021. Overall, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 149%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), the UK (X units) and Belgium (X units) were the main destinations of magnetic card exports from the Netherlands, with a combined 49% share of total exports. Italy, France, Spain, Denmark, Sweden, Poland, Austria, the Czech Republic and Malta lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the biggest increases were recorded for Malta (with a CAGR of +299.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Belgium ($X) appeared to be the largest markets for magnetic card exported from the Netherlands worldwide, with a combined 36% share of total exports. France, Italy, Spain, the Czech Republic, Poland, Denmark, Sweden, Austria and Malta lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Malta, with a CAGR of +144.7%, saw the highest growth rate of 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 magnetic card export price stood at $X per unit in 2021, rising by 29% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.5%), while the prices for the other major destinations experienced a decline.

Magnetic Card Imports

Imports into the Netherlands

In 2021, approx. X units of cards incorporating a magnetic stripe were imported into the Netherlands; waning by -7.8% against 2020. Overall, imports, however, continue to indicate a tangible increase. The growth pace was the most rapid in 2013 when imports increased by 176%. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, magnetic card imports soared to $X in 2021. In general, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 266% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X units) constituted the largest supplier of magnetic card to the Netherlands, accounting for a 41% share of total imports. Moreover, magnetic card imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Germany (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK amounted to +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.6% per year) and Germany (+35.2% per year).

In value terms, Germany ($X), the UK ($X) and Malaysia ($X) were the largest magnetic card suppliers to the Netherlands, with a combined 51% share of total imports.

The UK, with a CAGR of +34.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average magnetic card import price amounted to $X per unit, jumping by 25% against the previous year. In general, the import price showed a notable expansion. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+46.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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