Netherlands: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in the Netherlands

In 2021, the Dutch self-propelled rock cutter market increased by 240% to $X, rising for the second year in a row after five years of decline. Over the period under review, consumption enjoyed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Self-Propelled Rock Cutter Production in the Netherlands

In value terms, self-propelled rock cutter production dropped significantly to $X in 2021 estimated in export price. In general, production, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 34%. Self-propelled rock cutter production peaked at $X in 2020, and then dropped remarkably in the following year.

Self-Propelled Rock Cutter Exports

Exports from the Netherlands

After two years of growth, overseas shipments of self-propelled coal or rock cutters and tunnelling machinery decreased by -13.2% to X units in 2021. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 536%. As a result, the exports attained the peak of X units, and then reduced in the following year.

In value terms, self-propelled rock cutter exports skyrocketed to $X in 2021. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2019 with an increase of 1,136%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Austria (X units) was the main destination for self-propelled rock cutter exports from the Netherlands, with a 87% share of total exports. Moreover, self-propelled rock cutter exports to Austria exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. The UK (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 Austria stood at +131.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+57.0% per year) and the UK (+24.6% per year).

In value terms, Austria ($X) emerged as the key foreign market for self-propelled coal or rock cutters and tunnelling machinery exports from the Netherlands, comprising 88% of total exports. The second position in the ranking was taken by the UK ($X), with a 5.4% share of total exports. It was followed by Italy, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value to Austria amounted to +185.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+64.8% per year) and Italy (+65.8% per year).

Export Prices by Country

The average self-propelled rock cutter export price stood at $X per unit in 2021, rising by 365% against the previous year. In general, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,031%. 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 country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Peru ($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 Hong Kong SAR (+1,707.4%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Rock Cutter Imports

Imports into the Netherlands

In 2021, approx. X units of self-propelled coal or rock cutters and tunnelling machinery were imported into the Netherlands; increasing by 285% against 2020. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of 783% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, self-propelled rock cutter imports surged to $X in 2021. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2019 with an increase of 2,550% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of self-propelled rock cutter to the Netherlands, with a 51% share of total imports. Moreover, self-propelled rock cutter imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. France (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +77.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+117.5% per year) and France (+35.0% per year).

In value terms, the largest self-propelled rock cutter suppliers to the Netherlands were China ($X), the United States ($X) and France ($X), with a combined 97% share of total imports.

Among the main suppliers, China, with a CAGR of +173.6%, 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 2021, the average self-propelled rock cutter import price amounted to $X per unit, growing by 331% against the previous year. Overall, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+54.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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