Netherlands: Hydraulic Jack Market 2024

Hydraulic Jack Market Size in the Netherlands

The Dutch hydraulic jack market reduced to $X in 2022, dropping by -4.7% against the previous year. In general, consumption recorded a pronounced downturn. Hydraulic jack consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Hydraulic Jack Production in the Netherlands

In value terms, hydraulic jack production dropped to $X in 2022 estimated in export price. In general, production faced a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 46%. Hydraulic jack production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Hydraulic Jack Exports

Exports from the Netherlands

For the fourth consecutive year, the Netherlands recorded decline in overseas shipments of hydraulic jacks and hoists for raising vehicles, which decreased by -14.2% to X units in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 13% against the previous year. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, hydraulic jack exports dropped to $X in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for hydraulic jack exports from the Netherlands, with a 37% share of total exports. Moreover, hydraulic jack exports to Belgium exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by France (X units), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at -12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-22.6% per year) and France (-22.6% per year).

In value terms, the UK ($X), Germany ($X) and Belgium ($X) were the largest markets for hydraulic jack exported from the Netherlands worldwide, with a combined 40% share of total exports. The United States, France, Estonia, Sweden, Italy, Spain, South Africa, Bolivia and Turkey lagged somewhat behind, together comprising a further 29%.

Among the main countries of destination, Bolivia, with a CAGR of +186.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hydraulic jack export price amounted to $X per unit, rising by 10% against the previous year. In general, the export price recorded a strong expansion. The growth pace was the most rapid in 2021 an increase of 36% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 the United States (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Jack Imports

Imports into the Netherlands

In 2022, the amount of hydraulic jacks and hoists for raising vehicles imported into the Netherlands contracted dramatically to X units, waning by -21.5% on the previous year's figure. Overall, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 17% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hydraulic jack imports contracted to $X in 2022. The total import value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 27% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hydraulic jack to the Netherlands, with a 56% share of total imports. Moreover, hydraulic jack imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), eightfold. The third position in this ranking was held by the United States (X units), with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+14.0% per year) and the United States (+1.1% per year).

In value terms, China ($X) constituted the largest supplier of hydraulic jacks and hoists for raising vehicles to the Netherlands, comprising 37% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.2% share of total imports. It was followed by France, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.6% per year) and France (+23.3% per year).

Import Prices by Country

In 2022, the average hydraulic jack import price amounted to $X per unit, rising by 14% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydraulic jack import price increased by +56.9% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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