Netherlands: Hollow Drill Bar Market 2025

Hollow Drill Bar Market Size in the Netherlands

In 2021, the Dutch hollow drill bar market decreased by -97.2% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption recorded a precipitous shrinkage. Hollow drill bar consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Hollow Drill Bar Production in the Netherlands

In value terms, hollow drill bar production expanded remarkably to $X in 2021 estimated in export price. Overall, production continues to indicate a mild reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by 24%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Hollow Drill Bar Exports

Exports from the Netherlands

In 2021, shipments abroad of hollow drill bars and rods increased by 1,660% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports, however, recorded a deep contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hollow drill bar exports surged to $X in 2021. Overall, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons) was the main destination for hollow drill bar exports from the Netherlands, accounting for a 80% share of total exports. Moreover, hollow drill bar exports to Denmark exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. Norway (X tons) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to Denmark stood at +87.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-5.5% per year) and Norway (+319.9% per year).

In value terms, Denmark ($X) emerged as the key foreign market for hollow drill bars and rods exports from the Netherlands, comprising 88% of total exports. The second position in the ranking was held by Belgium ($X), with a 4.5% share of total exports. It was followed by Ireland, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Denmark amounted to +156.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+26.1% per year) and Ireland (+556.3% per year).

Export Prices by Country

The average hollow drill bar export price stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth appeared the most rapid in 2017 an increase of 658%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Norway ($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 Angola (+61.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hollow Drill Bar Imports

Imports into the Netherlands

In 2021, the amount of hollow drill bars and rods imported into the Netherlands declined dramatically to X tons, falling by -98.6% against the year before. In general, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2020 when imports increased by 14,398%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, hollow drill bar imports fell rapidly to $X in 2021. Over the period under review, imports faced a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 5,962% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of hollow drill bar to the Netherlands, accounting for a 77% share of total imports. Moreover, hollow drill bar imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. The third position in this ranking was taken by Poland (X kg), with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +171.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+187.7% per year) and Poland (+83.5% per year).

In value terms, China ($X) constituted the largest supplier of hollow drill bars and rods to the Netherlands, comprising 72% of total imports. The second position in the ranking was held by the UK ($X), with a 14% share of total imports. It was followed by Poland, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +276.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+206.3% per year) and Poland (+197.2% per year).

Import Prices by Country

The average hollow drill bar import price stood at $X per ton in 2021, surging by 200% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+62.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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