Netherlands: Electroplating Machine Market 2024

Electroplating Machine Market Size in the Netherlands

For the third consecutive year, the Dutch electroplating machine market recorded decline in sales value, which decreased by -81.9% to $X in 2021. Overall, consumption saw a significant curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Electroplating Machine Production in the Netherlands

In value terms, electroplating machine production shrank slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the production volume increased by 17% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank modestly in the following year.

Electroplating Machine Exports

Exports from the Netherlands

In 2021, the amount of machines for electroplating, electrolysis or electrophoresis exported from the Netherlands rose rapidly to X units, picking up by 15% compared with the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 247% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, electroplating machine exports skyrocketed to $X in 2021. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 352% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for electroplating machine exports from the Netherlands, accounting for a 85% share of total exports. Moreover, electroplating machine exports to Germany exceeded the volume sent to the second major destination, Singapore (X units), more than tenfold. China (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +37.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+95.4% per year) and China (+53.1% per year).

In value terms, Germany ($X) remains the key foreign market for electroplating machine exports from the Netherlands, comprising 86% of total exports. The second position in the ranking was held by Singapore ($X), with a 6.1% share of total exports. It was followed by China, with a 2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +55.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+100.1% per year) and China (+58.6% per year).

Export Prices by Country

In 2021, the average electroplating machine export price amounted to $X per unit, with an increase of 4.4% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Russia ($X per unit), while the average price for exports to the UK ($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 Germany (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electroplating Machine Imports

Imports into the Netherlands

For the fifth consecutive year, the Netherlands recorded growth in supplies from abroad of machines for electroplating, electrolysis or electrophoresis, which increased by 8.3% to X units in 2021. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 87% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, electroplating machine imports surged to $X in 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 76% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Japan (X units) constituted the largest electroplating machine supplier to the Netherlands, with a 64% share of total imports. Moreover, electroplating machine imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The United States (X units) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at +126.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.8% per year) and the United States (-5.3% per year).

In value terms, Japan ($X) constituted the largest supplier of electroplating machine to the Netherlands, comprising 79% of total imports. The second position in the ranking was held by Belgium ($X), with a 5.8% share of total imports. It was followed by China, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan amounted to +119.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+88.2% per year) and China (+39.2% per year).

Import Prices by Country

The average electroplating machine import price stood at $X per unit in 2021, surging by 6.7% against the previous year. Overall, the import price recorded prominent growth. The growth pace was the most rapid in 2016 when the average import price increased by 85%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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