Netherlands: Market for Hydraulic Cylinders And Systems 2024

Market Size for Hydraulic Cylinders And Systems in the Netherlands

The Dutch hydraulic cylinder and system market expanded to $X in 2022, rising by 3.5% against the previous year. In general, consumption showed a prominent increase. Hydraulic cylinder and system consumption peaked in 2022 and is likely to see steady growth in the near future.

Production of Hydraulic Cylinders And Systems in the Netherlands

In value terms, hydraulic cylinder and system production dropped to $X in 2022 estimated in export price. Overall, production, however, showed significant growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 400% against the previous year. Hydraulic cylinder and system production peaked at $X in 2021, and then shrank in the following year.

Exports of Hydraulic Cylinders And Systems

Exports from the Netherlands

In 2022, overseas shipments of hydraulic cylinders and systems decreased by -19.3% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports attained the peak of X units, and then contracted sharply in the following year.

In value terms, hydraulic cylinder and system exports dropped rapidly to $X in 2022. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 78% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Belgium (X units) and France (X units) were the main destinations of hydraulic cylinder and system exports from the Netherlands, with a combined 49% share of total exports. Sweden, Austria, Australia, the United States, Poland, the UK, the Czech Republic, Spain, Italy and South Korea lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +32.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for hydraulic cylinders and systems exports from the Netherlands, comprising 20% of total exports. The second position in the ranking was held by Belgium ($X), with a 9.2% share of total exports. It was followed by France, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+11.3% per year) and France (+22.0% per year).

Export Prices by Country

The average hydraulic cylinder and system export price stood at $X per unit in 2022, reducing by -24.4% against the previous year. Over the period under review, the export price, however, continues to indicate measured growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($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 France (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydraulic Cylinders And Systems

Imports into the Netherlands

In 2022, hydraulic cylinder and system imports into the Netherlands reduced to X units, which is down by -13% on the previous year's figure. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 55% against the previous year. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, hydraulic cylinder and system imports fell to $X in 2022. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), Finland (X units) and Germany (X units) were the main suppliers of hydraulic cylinder and system imports to the Netherlands, with a combined 58% share of total imports. Turkey, Spain, India, the UK, Poland, the United States, France, Bulgaria, Italy and Canada lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +42.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Finland ($X) and China ($X) appeared to be the largest hydraulic cylinder and system suppliers to the Netherlands, with a combined 47% share of total imports. The United States, Spain, Turkey, the UK, France, Canada, Italy, Poland, India and Bulgaria lagged somewhat behind, together comprising a further 38%.

In terms of the main suppliers, Bulgaria, with a CAGR of +66.4%, 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 hydraulic cylinder and system import price stood at $X per unit in 2022, with an increase of 8.5% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +11.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydraulic cylinder and system import price increased by +46.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 143% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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