Netherlands: Market for Machinery for Liquefying Air or Gases 2024

Market Size for Machinery for Liquefying Air or Gases in the Netherlands

The Dutch air or gas liquefier market declined to $X in 2022, dropping by -11.4% against the previous year. Over the period under review, consumption, however, recorded a mild increase. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Machinery for Liquefying Air or Gases in the Netherlands

In value terms, air or gas liquefier production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 174% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Machinery for Liquefying Air or Gases

Exports from the Netherlands

In 2022, air or gas liquefier exports from the Netherlands stood at X units, stabilizing at the previous year. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 300% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, air or gas liquefier exports totaled $X in 2022. In general, exports recorded a resilient increase. The growth pace was the most rapid in 2018 with an increase of 148%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of air or gas liquefier exports from the Netherlands, with a combined 53% share of total exports. Moreover, air or gas liquefier exports in Germany exceeded the figures recorded by the second-largest exporter, France, twofold.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +41.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) were the largest markets for air or gas liquefier exported from the Netherlands worldwide, together accounting for 54% of total exports. These countries were followed by the United States, Spain, Belgium, Poland, Austria and Russia, which together accounted for a further 25%.

In terms of the main countries of destination, Austria, with a CAGR of +77.6%, saw the highest growth rate of 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 air or gas liquefier export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of 173% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Poland ($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 Indonesia (+1,311.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Liquefying Air or Gases

Imports into the Netherlands

After seven years of growth, purchases abroad of machinery for liquefying air or gases decreased by -77.5% to X units in 2022. In general, imports, however, showed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 264% against the previous year. As a result, imports attained the peak of X units, and then fell sharply in the following year.

In value terms, air or gas liquefier imports fell notably to $X in 2022. Over the period under review, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 411% against the previous year. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

In 2022, Hungary (X units) constituted the largest air or gas liquefier supplier to the Netherlands, accounting for a 67% share of total imports. Moreover, air or gas liquefier imports from Hungary exceeded the figures recorded by the second-largest supplier, Turkey (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary stood at +43.1%.

In value terms, Hungary ($X) constituted the largest supplier of machinery for liquefying air or gases to the Netherlands, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 4.3% share of total imports. It was followed by Austria, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled +222.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-19.2% per year) and Austria (-3.7% per year).

Import Prices by Country

In 2022, the average air or gas liquefier import price amounted to $X per unit, shrinking by -26.2% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 61%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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