Netherlands: Stone Polishing Machine Market 2024

Stone Polishing Machine Market Size in the Netherlands

In 2022, after two years of growth, there was significant decline in the Dutch stone polishing machine market, when its value decreased by -47.7% to $X. Over the period under review, consumption, however, recorded a resilient expansion. Over the period under review, the market attained the peak level at $X in 2021, and then reduced dramatically in the following year.

Stone Polishing Machine Production in the Netherlands

In value terms, stone polishing machine production soared to $X in 2022 estimated in export price. Over the period under review, production faced a deep slump. Stone polishing machine production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Stone Polishing Machine Exports

Exports from the Netherlands

In 2022, after four years of growth, there was significant decline in overseas shipments of grinding or polishing machines for working stone, ceramics and concrete, when their volume decreased by -43.6% to X units. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 300% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then fell rapidly in the following year.

In value terms, stone polishing machine exports contracted remarkably to $X in 2022. Overall, exports, however, recorded noticeable growth. The pace of growth was the most pronounced in 2021 when exports increased by 82% against the previous year. As a result, the exports attained the peak of $X, and then dropped markedly in the following year.

Exports by Country

Germany (X units), France (X units) and the United Arab Emirates (X units) were the main destinations of stone polishing machine exports from the Netherlands, together comprising 43% of total exports. The United States, Belgium, Switzerland, Turkey, Sweden, China, Spain, Ghana, Hungary and Italy lagged somewhat behind, together comprising a further 41%.

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 +92.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for grinding or polishing machines for working stone, ceramics and concrete exports from the Netherlands, comprising 33% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports. It was followed by Belgium, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+13.4% per year) and Belgium (-6.6% per year).

Export Prices by Country

In 2022, the average stone polishing machine export price amounted to $X per unit, shrinking by -13.5% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 154%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ghana ($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 Turkey (-1.5%), while the prices for the other major destinations experienced a decline.

Stone Polishing Machine Imports

Imports into the Netherlands

In 2022, supplies from abroad of grinding or polishing machines for working stone, ceramics and concrete decreased by -35.4% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded perceptible growth. The pace of growth was the most pronounced in 2020 when imports increased by 206%. Imports peaked at X units in 2021, and then contracted significantly in the following year.

In value terms, stone polishing machine imports fell rapidly to $X in 2022. Overall, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2020 with an increase of 112%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X units), Spain (X units) and Poland (X units) were the main suppliers of stone polishing machine imports to the Netherlands, together accounting for 57% of total imports. Germany, France, China, Sweden, the United States, Bulgaria, Taiwan (Chinese), Japan and Italy lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +61.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and Poland ($X) appeared to be the largest stone polishing machine suppliers to the Netherlands, with a combined 57% share of total imports. France, the United States, Sweden, China, Taiwan (Chinese), Belgium, Bulgaria, Italy and Japan lagged somewhat behind, together accounting for a further 40%.

Among the main suppliers, Sweden, with a CAGR of +69.7%, saw the highest rates of growth with regard to 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

The average stone polishing machine import price stood at $X per unit in 2022, waning by -18.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 29% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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