Benelux: Disc Harrow Market 2024

Disc Harrow Market Size in Benelux

The Benelux disc harrow market dropped to $X in 2023, with a decrease of X% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Disc Harrow Production in Benelux

In value terms, disc harrow production shrank to $X in 2023 estimated in export price. The total production indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Disc Harrow Exports

Exports in Benelux

Disc harrow exports shrank dramatically to X units in 2023, which is down by X% on the previous year. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, disc harrow exports dropped to $X in 2023. Over the period under review, exports showed a noticeable decline. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, the Netherlands (X units) was the major exporter of disc harrows, constituting X% of total exports. It was distantly followed by Belgium (X units), comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to disc harrow exports from the Netherlands stood at X%. Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Belgium increased by X percentage points.

In value terms, the Netherlands ($X) remains the largest disc harrow supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands stood at X%.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2023, surging by X% against the previous year. In general, the export price showed a temperate expansion. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Disc Harrow Imports

Imports in Benelux

In 2023, approx. X units of disc harrows were imported in Benelux; picking up by X% against 2022 figures. Overall, imports, however, continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, disc harrow imports surged to $X in 2023. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X units) and Belgium (X units) prevails in imports structure, together making up X% of total imports. Luxembourg (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) were the countries with the highest levels of imports in 2023.

Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform