Netherlands: Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size in the Netherlands

The Dutch metal cutting shear market soared to $X in 2022, picking up by 18% against the previous year. In general, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.9% against 2020 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Metal Cutting Shear Production in the Netherlands

In value terms, metal cutting shear production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable decline. The pace of growth appeared the most rapid in 2016 when the production volume increased by 52% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Metal Cutting Shear Exports

Exports from the Netherlands

In 2022, overseas shipments of metal cutting shears and similar hand tools decreased by -23.7% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 116% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal cutting shear exports declined to $X in 2022. Over the period under review, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.2% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by 30% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and Ireland (X tons) were the main destinations of metal cutting shear exports from the Netherlands, together comprising 61% of total exports. Sweden, France, Finland, Switzerland, the UK, Spain, Denmark, Lithuania, the Czech Republic and Norway lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +150.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for metal cutting shears and similar hand tools exports from the Netherlands, comprising 21% of total exports. The second position in the ranking was held by Belgium ($X), with a 9.2% share of total exports. It was followed by Sweden, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-4.9% per year) and Sweden (-0.8% per year).

Export Prices by Country

The average metal cutting shear export price stood at $X per ton in 2022, rising by 20% against the previous year. In general, the export price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2015 an increase of 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports into the Netherlands

In 2022, overseas purchases of metal cutting shears and similar hand tools increased by 9% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 156% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, metal cutting shear imports reached $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.7% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of 31%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal cutting shear to the Netherlands, accounting for a 54% share of total imports. Moreover, metal cutting shear imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +30.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.3% per year) and the United States (-2.5% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest metal cutting shear suppliers to the Netherlands, with a combined 69% share of total imports. Belgium, Sweden and Spain lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Spain, with a CAGR of +131.5%, saw 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 2022, the average metal cutting shear import price amounted to $X per ton, waning by -7.6% against the previous year. Overall, the import price saw a pronounced decline. The pace of growth appeared the most rapid in 2016 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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