Netherlands: Working Wire Machine Market 2024

Working Wire Machine Market Size in the Netherlands

The Dutch working wire machine market soared to $X in 2021, growing by 111% 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). In general, consumption continues to indicate a resilient increase. Working wire machine consumption peaked in 2021 and is expected to retain growth in the immediate term.

Working Wire Machine Exports

Exports from the Netherlands

In 2021, approx. X units of machines for working wire were exported from the Netherlands; jumping by 33% on the previous year's figure. Overall, exports saw a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by 300%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, working wire machine exports surged to $X in 2021. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 342%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Germany (X units) was the main destination for working wire machine exports from the Netherlands, accounting for a 57% share of total exports. Moreover, working wire machine exports to Germany exceeded the volume sent to the second major destination, the United States (X units), eightfold. France (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +68.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.0% per year) and France (0.0% per year).

In value terms, Germany ($X) remains the key foreign market for machines for working wire exports from the Netherlands, comprising 56% of total exports. The second position in the ranking was taken by Italy ($X), with an 11% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +168.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+188.1% per year) and France (+176.7% per year).

Export Prices by Country

The average working wire machine export price stood at $X per unit in 2021, waning by -3.4% against the previous year. Over the period under review, the export price, however, posted a strong increase. The growth pace was the most rapid in 2019 an increase of 270%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Luxembourg ($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 Cyprus (+217.1%), while the prices for the other major destinations experienced more modest paces of growth.

Working Wire Machine Imports

Imports into the Netherlands

For the fourth year in a row, the Netherlands recorded growth in supplies from abroad of machines for working wire, which increased by 111% to X units in 2021. Overall, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, working wire machine imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 101% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of working wire machine to the Netherlands, with a 56% share of total imports. Moreover, working wire machine imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was taken by the UK (X units), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+6.2% per year) and the UK (+24.6% per year).

In value terms, Japan ($X) constituted the largest supplier of machines for working wire to the Netherlands, comprising 61% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Belgium, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+34.8% per year) and Belgium (+457.2% per year).

Import Prices by Country

In 2021, the average working wire machine import price amounted to $X per unit, declining by -41.2% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of 29% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the UK ($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 (+254.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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