Netherlands: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2024

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in the Netherlands

In 2022, the Dutch spindles and spindle flyer market decreased by -15.8% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, recorded a significant expansion. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in the Netherlands

In value terms, spindles and spindle flyer production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 115%. Spindles and spindle flyer production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from the Netherlands

Spindles and spindle flyer exports from the Netherlands contracted remarkably to X tons in 2022, dropping by -48.2% against the previous year. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 319%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, spindles and spindle flyer exports fell notably to $X in 2022. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 421%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for spindles and spindle flyer exports from the Netherlands, with a 48% share of total exports. Moreover, spindles and spindle flyer exports to India exceeded the volume sent to the second major destination, Turkey (X tons), twofold. Egypt (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +75.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+29.8% per year) and Egypt (+386.0% per year).

In value terms, India ($X) remains the key foreign market for spindles and spindle flyers, spinning ring and ring travellers exports from the Netherlands, comprising 44% of total exports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total exports. It was followed by Egypt, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to +47.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+12.0% per year) and Egypt (+513.5% per year).

Export Prices by Country

In 2022, the average spindles and spindle flyer export price amounted to $X per ton, jumping by 29% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 74%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 China ($X per ton), while the average price for exports to Malaysia ($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 Egypt (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into the Netherlands

In 2022, spindles and spindle flyer imports into the Netherlands reduced dramatically to X tons, with a decrease of -94.7% compared with the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 629% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, spindles and spindle flyer imports fell dramatically to $X in 2022. In general, imports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2017 when imports increased by 745% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X kg), the United States (X kg) and Spain (X kg) were the main suppliers of spindles and spindle flyer imports to the Netherlands, together comprising 51% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +83.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Taiwan (Chinese) ($X) were the largest spindles and spindle flyer suppliers to the Netherlands, with a combined 60% share of total imports.

Japan, with a CAGR of +69.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 spindles and spindle flyer import price amounted to $X per ton, picking up by 74% against the previous year. Overall, the import price continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 126% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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