Netherlands: Explosives Market 2024

Explosives Market Size in the Netherlands

The Dutch explosives market rose notably to $X in 2021, increasing by 14% against the previous year. Overall, the total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.1% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Explosives Production in the Netherlands

In value terms, explosives production rose notably to $X in 2021 estimated in export price. Overall, the total production indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.0% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 33% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Explosives Exports

Exports from the Netherlands

After four years of growth, shipments abroad of prepared explosives decreased by -14.3% to X tons in 2021. Overall, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 200% against the previous year. The exports peaked at X tons in 2020, and then reduced in the following year.

In value terms, explosives exports contracted to $X in 2021. Over the period under review, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2014 with an increase of 149%. The exports peaked at $X in 2020, and then shrank in the following year.

Exports by Country

Oman (X tons), Egypt (X tons) and Kuwait (X tons) were the main destinations of explosives exports from the Netherlands, with a combined 48% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +92.4%), while the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X) emerged as the key foreign market for prepared explosives exports from the Netherlands, comprising 24% of total exports. The second position in the ranking was taken by Romania ($X), with a 12% share of total exports. It was followed by Egypt, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kuwait totaled +65.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+19.4% per year) and Egypt (+15.7% per year).

Export Prices by Country

In 2021, the average explosives export price amounted to $X per ton, picking up by 8.4% against the previous year. Overall, the export price, however, saw a noticeable reduction. The growth pace was the most rapid in 2019 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the 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 Kuwait ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Explosives Imports

Imports into the Netherlands

Explosives imports into the Netherlands rose slightly to X tons in 2021, picking up by 4.1% against the previous year. In general, imports showed a perceptible increase. The pace of growth appeared the most rapid in 2017 with an increase of 176% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, explosives imports shrank remarkably to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 147% against the previous year. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

In 2021, the United States (X tons) constituted the largest explosives supplier to the Netherlands, accounting for a 86% share of total imports. It was followed by Germany (X kg), with a 0.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-22.5% per year) and the UK (-46.8% per year).

In value terms, the United States ($X) constituted the largest supplier of prepared explosives to the Netherlands, comprising 86% of total imports. The second position in the ranking was taken by Germany ($X), with a 1.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-20.5% per year) and the UK (-46.3% per year).

Import Prices by Country

The average explosives import price stood at $X per ton in 2021, reducing by -33.5% against the previous year. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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 Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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