Netherlands: Full-Rotation Excavator Market 2024

Full-Rotation Excavator Market Size in the Netherlands

In 2021, after two years of decline, there was significant growth in the Dutch full-rotation excavator market, when its value increased by 216% to $X. Over the period under review, consumption recorded significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Full-Rotation Excavator Production in the Netherlands

In value terms, full-rotation excavator production contracted to $X in 2021 estimated in export price. Overall, production, however, saw notable growth. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Full-rotation excavator production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Full-Rotation Excavator Exports

Exports from the Netherlands

In 2021, full-rotation excavator exports from the Netherlands skyrocketed to X units, rising by 17% on the year before. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 32%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, full-rotation excavator exports soared to $X in 2021. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), Germany (X units) and the UK (X units) were the main destinations of full-rotation excavator exports from the Netherlands, together comprising 61% of total exports. Poland, Belgium, Italy, Switzerland, Norway and Austria lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +30.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) constituted the largest markets for full-rotation excavator exported from the Netherlands worldwide, together accounting for 47% of total exports. Italy, Norway, Belgium, Austria, Poland and Switzerland lagged somewhat behind, together accounting for a further 21%.

In terms of the main countries of destination, Poland, with a CAGR of +22.5%, saw the highest rates of growth with regard to 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

The average full-rotation excavator export price stood at $X per unit in 2021, with an increase of 14% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 14%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the UK ($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 Italy (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Full-Rotation Excavator Imports

Imports into the Netherlands

In 2021, purchases abroad of self-propelled full-rotation excavators and bulldozers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. 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, full-rotation excavator imports skyrocketed to $X in 2021. Over the period under review, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X units), Germany (X units) and South Korea (X units) were the main suppliers of full-rotation excavator imports to the Netherlands, together comprising 80% of total imports. Belgium, the UK, China, Sweden and France lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +59.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of self-propelled full-rotation excavators and bulldozers to the Netherlands, comprising 45% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by South Korea, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Japan amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.0% per year) and South Korea (+6.3% per year).

Import Prices by Country

In 2021, the average full-rotation excavator import price amounted to $X per unit, growing by 11% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average 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 Sweden ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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