Netherlands: Market for Pneumatic Or Hydraulic Hand Tools 2024

Market Size for Pneumatic Or Hydraulic Hand Tools in the Netherlands

After two years of growth, the Dutch market for pneumatic or hydraulic hand tools decreased by -5.1% to $X in 2021. Over the period under review, consumption, however, saw a pronounced downturn. Pneumatic or hydraulic hand tool consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Pneumatic Or Hydraulic Hand Tools in the Netherlands

In value terms, pneumatic or hydraulic hand tool production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 67%. Pneumatic or hydraulic hand tool production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from the Netherlands

In 2021, approx. X tons of pneumatic or hydraulic hand tools were exported from the Netherlands; growing by 33% on the year before. Overall, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +26.9% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic or hydraulic hand tool exports surged to $X in 2021. The total export value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for pneumatic or hydraulic hand tool exports from the Netherlands, accounting for a 33% share of total exports. Moreover, pneumatic or hydraulic hand tool exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+15.3% per year) and Belgium (+3.2% per year).

In value terms, Germany ($X), France ($X) and Belgium ($X) were the largest markets for pneumatic or hydraulic hand tool exported from the Netherlands worldwide, with a combined 43% share of total exports. Sweden, the UK, the United States, Finland, Italy, Portugal, China, Ireland, the United Arab Emirates and Russia lagged somewhat behind, together accounting for a further 25%.

Portugal, with a CAGR of +35.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for pneumatic or hydraulic hand tools stood at $X per ton in 2021, rising by 5% against the previous year. In general, the export price, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2019 an increase of 6.6%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Portugal ($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 the United Arab Emirates (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into the Netherlands

In 2021, the amount of pneumatic or hydraulic hand tools imported into the Netherlands soared to X tons, rising by 47% compared with the previous year. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic or hydraulic hand tool imports surged to $X in 2021. The total import value increased at an average annual rate of +5.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pneumatic or hydraulic hand tool to the Netherlands, accounting for a 64% share of total imports. Moreover, pneumatic or hydraulic hand tool imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.0% per year) and Taiwan (Chinese) (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of pneumatic or hydraulic hand tools to the Netherlands, comprising 29% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Belgium, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.8% per year) and Belgium (-8.7% per year).

Import Prices by Country

In 2021, the average import price for pneumatic or hydraulic hand tools amounted to $X per ton, shrinking by -11.6% against the previous year. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 3.6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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