Netherlands: Market for Drive-Axles with Differential and Non-Driving Axles 2025

Market Size for Drive-Axles with Differential and Non-Driving Axles in the Netherlands

In 2021, the Dutch driving and non-driving axle market decreased by -24.1% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption recorded a slight slump. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Drive-Axles with Differential and Non-Driving Axles in the Netherlands

In value terms, driving and non-driving axle production fell remarkably to $X in 2021 estimated in export price. Over the period under review, production showed a sharp descent. Driving and non-driving axle production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Drive-Axles with Differential and Non-Driving Axles

Exports from the Netherlands

In 2021, shipments abroad of drive-axles with differential and non-driving axles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 84% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, driving and non-driving axle exports soared to $X in 2021. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by 93% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main destinations of driving and non-driving axle exports from the Netherlands, together comprising 74% of total exports. The UK, Australia and Austria lagged somewhat behind, together comprising a further 10%.

From 2012 to 2021, the biggest increases were in Australia (with a CAGR of +95.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for driving and non-driving axle exported from the Netherlands were Germany ($X), Belgium ($X) and France ($X), with a combined 64% share of total exports. These countries were followed by the UK, Austria and Australia, which together accounted for a further 14%.

Australia, with a CAGR of +76.8%, saw the highest rates of growth with regard to the value of exports, among 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 driving and non-driving axle export price stood at $X per ton in 2021, shrinking by -13.7% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 28%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.1%), while the prices for the other major destinations experienced a decline.

Imports of Drive-Axles with Differential and Non-Driving Axles

Imports into the Netherlands

In 2021, approx. X tons of drive-axles with differential and non-driving axles were imported into the Netherlands; which is down by -30.9% compared with the previous year's figure. Overall, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2015 when imports increased by 21%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, driving and non-driving axle imports surged to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 21%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Sweden (X tons) and Belgium (X tons) were the main suppliers of driving and non-driving axle imports to the Netherlands, with a combined 74% share of total imports. China, the UK, Luxembourg, South Korea, Poland, Japan, India, Turkey and Italy lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +104.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest driving and non-driving axle suppliers to the Netherlands were Belgium ($X), Sweden ($X) and Germany ($X), together accounting for 81% of total imports. These countries were followed by South Korea, Luxembourg, China, Poland, Italy, the UK, Japan, India and Turkey, which together accounted for a further 15%.

In terms of the main suppliers, India, with a CAGR of +83.7%, 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 2021, the average driving and non-driving axle import price amounted to $X per ton, jumping by 73% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, driving and non-driving axle import price increased by +122.5% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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