Netherlands: Market for Iron Or Steel Towers And Lattice Masts 2024

Market Size for Iron Or Steel Towers And Lattice Masts in the Netherlands

The Dutch iron or steel towers market soared to $X in 2021, picking up by 53% against the previous year. In general, consumption posted a prominent increase. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Iron Or Steel Towers And Lattice Masts in the Netherlands

In value terms, iron or steel towers production dropped markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of 83% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Iron Or Steel Towers And Lattice Masts

Exports from the Netherlands

Iron or steel towers exports from the Netherlands shrank sharply to X tons in 2021, waning by -77.1% on the previous year. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 2,857%. As a result, the exports attained the peak of X tons, and then contracted notably in the following year.

In value terms, iron or steel towers exports dropped markedly to $X in 2021. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,768% against the previous year. As a result, the exports reached the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Germany (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of iron or steel towers exports from the Netherlands, together comprising 97% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +135.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the UK ($X) and Belgium ($X) appeared to be the largest markets for iron or steel towers exported from the Netherlands worldwide, with a combined 94% share of total exports.

The UK, with a CAGR of +93.7%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2021, the average iron or steel towers export price amounted to $X per ton, picking up by 19% against the previous year. Overall, the export price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 57% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Belgium (+8.9%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Towers And Lattice Masts

Imports into the Netherlands

After three years of growth, supplies from abroad of iron or steel towers and lattice masts decreased by -32.7% to X tons in 2021. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 191%. Over the period under review, imports attained the maximum at X tons in 2020, and then contracted markedly in the following year.

In value terms, iron or steel towers imports dropped sharply to $X in 2021. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 218% against the previous year. Imports peaked at $X in 2020, and then shrank significantly in the following year.

Imports by Country

China (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of iron or steel towers imports to the Netherlands, with a combined 51% share of total imports. Portugal, Vietnam, Spain, Denmark, Belgium and Poland lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +530.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Belgium ($X) and China ($X) appeared to be the largest iron or steel towers suppliers to the Netherlands, with a combined 49% share of total imports. These countries were followed by Turkey, Germany, Vietnam, Portugal, Spain and Poland, which together accounted for a further 43%.

Vietnam, with a CAGR of +329.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron or steel towers import price stood at $X per ton in 2021, picking up by 4.7% against the previous year. Over the period under review, the import price, however, saw a mild setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 49%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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