Netherlands: Interchangeable Tool Market 2024

Interchangeable Tool Market Size in the Netherlands

In 2022, the Dutch interchangeable tool market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, continues to indicate a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Interchangeable Tool Production in the Netherlands

In value terms, interchangeable tool production fell slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X, leveling off in the following year.

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Interchangeable Tool Exports

Exports from the Netherlands

In 2022, after six years of growth, there was decline in overseas shipments of interchangeable tools for hand tools, when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, interchangeable tool exports totaled $X in 2022. In general, exports, however, recorded a notable expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons) was the main destination for interchangeable tool exports from the Netherlands, with a X% share of total exports. Moreover, interchangeable tool exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. Belgium (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Belgium (X% per year).

In value terms, the largest markets for interchangeable tool exported from the Netherlands were Germany ($X), the United States ($X) and France ($X), together comprising X% of total exports. Italy, Belgium, the UK, Sweden, Poland, Spain, the Czech Republic, Finland, Romania and Ireland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Ireland, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 interchangeable tool export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of X%. 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 stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Ireland ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Interchangeable Tool Imports

Imports into the Netherlands

In 2022, approx. X tons of interchangeable tools for hand tools were imported into the Netherlands; surging by X% on 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, interchangeable tool imports declined to $X in 2022. Over the period under review, imports saw a modest expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

China (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of interchangeable tool imports to the Netherlands, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), China ($X) and Italy ($X) constituted the largest interchangeable tool suppliers to the Netherlands, with a combined X% share of total imports. France, Belgium, Brazil, Spain, South Korea, Sweden and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, South Korea, with a CAGR of X%, recorded 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 2022, the average interchangeable tool import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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