Netherlands: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in the Netherlands

The Dutch geometrical quantities electronic measurer market surged to $X in 2022, rising by 24% against the previous year. Overall, consumption recorded a measured increase. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in the Netherlands

In value terms, geometrical quantities electronic measurer production contracted to $X in 2022 estimated in export price. In general, production, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 572%. Geometrical quantities electronic measurer production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from the Netherlands

After four years of growth, shipments abroad of electronic instruments and machines for measuring geometrical quantities decreased by -19.2% to X units in 2022. Overall, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of X units, and then fell remarkably in the following year.

In value terms, geometrical quantities electronic measurer exports dropped remarkably to $X in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

Germany (X units), the UK (X units) and China (X units) were the main destinations of geometrical quantities electronic measurer exports from the Netherlands, together comprising 38% of total exports. The United States, France, Belgium, Italy, South Korea, the Czech Republic, Poland, Spain, Turkey and Slovenia lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +30.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the UK ($X) constituted the largest markets for geometrical quantities electronic measurer exported from the Netherlands worldwide, with a combined 43% share of total exports. China, France, Belgium, Italy, Spain, South Korea, Poland, Turkey, the Czech Republic and Slovenia lagged somewhat behind, together accounting for a further 33%.

China, with a CAGR of +28.7%, saw 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 geometrical quantities electronic measurer export price stood at $X per unit in 2022, with an increase of 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2014 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Czech Republic ($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 United States (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into the Netherlands

In 2022, approx. X units of electronic instruments and machines for measuring geometrical quantities were imported into the Netherlands; surging by 4.3% against 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 29%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, geometrical quantities electronic measurer imports shrank to $X in 2022. Overall, imports enjoyed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

Japan (X units), China (X units) and Germany (X units) were the main suppliers of geometrical quantities electronic measurer imports to the Netherlands, with a combined 72% share of total imports. Estonia, Finland, the UK, Belgium and the United States lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +158.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and Estonia ($X) appeared to be the largest geometrical quantities electronic measurer suppliers to the Netherlands, with a combined 47% share of total imports.

Among the main suppliers, Estonia, with a CAGR of +122.5%, saw 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 geometrical quantities electronic measurer import price amounted to $X per unit, dropping by -15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2015 when the average import price increased by 31% against the previous year. The import price peaked at $X per unit in 2021, and then plummeted in the following year.

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 United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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