Netherlands: Vacuum Pump Market 2024

Vacuum Pump Market Size in the Netherlands

The Dutch vacuum pump market dropped sharply to $X in 2022, with a decrease of -68.5% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Vacuum Pump Production in the Netherlands

In value terms, vacuum pump production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 101%. Vacuum pump production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Vacuum Pump Exports

Exports from the Netherlands

For the third year in a row, the Netherlands recorded growth in overseas shipments of vacuum pumps, which increased by 63% to X units in 2022. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 115% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, vacuum pump exports soared to $X in 2022. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 33%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units), the United States (X units) and Belgium (X units) were the main destinations of vacuum pump exports from the Netherlands, with a combined 24% share of total exports. The UK, Switzerland, France, Italy, Spain, Japan, Sweden, Australia, Singapore and Austria lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +22.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Belgium ($X) constituted the largest markets for vacuum pump exported from the Netherlands worldwide, with a combined 26% share of total exports. The UK, France, Italy, Singapore, Spain, Switzerland, Japan, Sweden, Australia and Austria lagged somewhat behind, together comprising a further 22%.

Singapore, with a CAGR of +20.6%, saw the highest growth rate of the value of exports, among 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

In 2022, the average vacuum pump export price amounted to $X per unit, reducing by -21.7% against the previous year. Overall, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2017 an increase of 82%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports

Imports into the Netherlands

In 2022, after four years of growth, there was significant decline in supplies from abroad of vacuum pumps, when their volume decreased by -71.6% to X units. Over the period under review, imports, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2021 with an increase of 231% against the previous year. As a result, imports reached the peak of X units, and then declined remarkably in the following year.

In value terms, vacuum pump imports dropped remarkably to $X in 2022. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 80% against the previous year. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of vacuum pump imports to the Netherlands, together comprising 83% of total imports. Hungary, the UK, Japan, the United States, Hong Kong SAR, South Korea, the Czech Republic, France, Taiwan (Chinese) and Italy lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +90.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of vacuum pumps to the Netherlands, comprising 40% of total imports. The second position in the ranking was held by France ($X), with a 9% share of total imports. It was followed by the United States, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+11.3% per year) and the United States (+7.1% per year).

Import Prices by Country

In 2022, the average vacuum pump import price amounted to $X per unit, growing by 127% against the previous year. In general, the import price recorded perceptible growth. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 France ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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