Netherlands: Market for Machine Tools For Working Metal Without Removing Metal 2024

Market Size for Machine Tools For Working Metal Without Removing Metal in the Netherlands

The Dutch machine tool for metal market surged to $X in 2021, rising by 22% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed mild growth. Machine tool for metal consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Exports of Machine Tools For Working Metal Without Removing Metal

Exports from the Netherlands

Machine tool for metal exports from the Netherlands plummeted to X units in 2021, waning by -55.3% compared with 2020. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 287%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, machine tool for metal exports dropped rapidly to $X in 2021. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 403%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X units) was the main destination for machine tool for metal exports from the Netherlands, accounting for a 34% share of total exports. Moreover, machine tool for metal exports to Hungary exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was held by the United States (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Hungary amounted to +55.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.0% per year) and the United States (+48.9% per year).

In value terms, Germany ($X) remains the key foreign market for machine tools for working metal without removing metal exports from the Netherlands, comprising 42% of total exports. The second position in the ranking was held by Hungary ($X), with an 8.5% share of total exports. It was followed by Canada, with an 8% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+37.4% per year) and Canada (+147.4% per year).

Export Prices by Country

In 2021, the average machine tool for metal export price amounted to $X per unit, surging by 26% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 273% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine Tools For Working Metal Without Removing Metal

Imports into the Netherlands

In 2021, the amount of machine tools for working metal without removing metal imported into the Netherlands declined sharply to X units, falling by -24.4% on 2020. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by 237%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, machine tool for metal imports rose markedly to $X in 2021. In general, imports, however, recorded resilient growth. The growth pace was the most rapid in 2015 when imports increased by 181%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

Switzerland (X units), Germany (X units) and China (X units) were the main suppliers of machine tool for metal imports to the Netherlands, with a combined 78% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +53.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and China ($X) constituted the largest machine tool for metal suppliers to the Netherlands, together comprising 90% of total imports. These countries were followed by the United States, Japan, Spain, Malaysia and Italy, which together accounted for a further 3.4%.

Among the main suppliers, Malaysia, with a CAGR of +45.3%, recorded the highest growth rate of 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

In 2021, the average machine tool for metal import price amounted to $X per unit, rising by 50% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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