Netherlands: Metal Castor Mounting Market 2024

Metal Castor Mounting Market Size in the Netherlands

The Dutch metal castor mounting market totaled $X in 2022, surging by 8.7% against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +77.2% against 2018 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Metal Castor Mounting Production in the Netherlands

In value terms, metal castor mounting production reduced to $X in 2022 estimated in export price. Overall, production saw a slight setback. The pace of growth was the most pronounced in 2019 when the production volume increased by 54%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Metal Castor Mounting Exports

Exports from the Netherlands

In 2022, overseas shipments of castors with mountings of base metal decreased by -50.4% to X tons, falling for the second consecutive year after nine years of growth. Overall, exports, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2015 with an increase of 69%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal castor mounting exports shrank dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 49%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main destinations of metal castor mounting exports from the Netherlands, together accounting for 65% of total exports. Poland, the UK, China, the United States and Denmark lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +38.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the largest markets for metal castor mounting exported from the Netherlands worldwide, with a combined 46% share of total exports. Poland, the UK, the United States, China and Denmark lagged somewhat behind, together accounting for a further 24%.

Poland, with a CAGR of +27.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal castor mounting export price stood at $X per ton in 2022, growing by 28% against the previous year. Over the period under review, the export price recorded a moderate expansion. The growth pace was the most rapid in 2021 when the average export price increased by 70%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($X per ton) 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 (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Castor Mounting Imports

Imports into the Netherlands

In 2022, supplies from abroad of castors with mountings of base metal decreased by -15.4% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2019 when imports increased by 44%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, metal castor mounting imports dropped significantly to $X in 2022. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 43% against the previous year. Imports peaked at $X in 2021, and then fell notably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal castor mounting to the Netherlands, with a 56% share of total imports. Moreover, metal castor mounting imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+64.0% per year) and Germany (-0.5% per year).

In value terms, China ($X), Germany ($X) and Turkey ($X) appeared to be the largest metal castor mounting suppliers to the Netherlands, with a combined 68% share of total imports.

Turkey, with a CAGR of +61.5%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, the average metal castor mounting import price amounted to $X per ton, which is down by -2.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 34%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 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 Sweden ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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