Benelux: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Benelux

In 2022, the Benelux market for vacuum pumps and air or gas compressors increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a pronounced contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Vacuum Pumps and Air or Gas Compressors in Benelux

In value terms, production of vacuum pumps and air or gas compressors reduced remarkably to $X in 2022 estimated in export price. In general, production saw a sharp decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports in Benelux

After two years of growth, shipments abroad of vacuum pumps and air or gas compressors decreased by X% to X units in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. The volume of export peaked at X units in 2021, and then contracted slightly in the following year.

In value terms, exports of vacuum pumps and air or gas compressors shrank to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

In 2022, the Netherlands (X units) was the key exporter of vacuum pumps and air or gas compressors, making up X% of total exports. It was distantly followed by Belgium (X units), making up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of X%).

In value terms, Belgium ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Vacuum Pumps and Air or Gas Compressors

Imports in Benelux

In 2022, imports of vacuum pumps and air or gas compressors in Benelux totaled X units, with an increase of X% on 2021. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of vacuum pumps and air or gas compressors reduced to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, the Netherlands (X units) was the largest importer of vacuum pumps and air or gas compressors, comprising X% of total imports. It was distantly followed by Belgium (X units), committing a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the vacuum pumps and air or gas compressors imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, the largest vacuum pump and air or gas compressor importing markets in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price saw a pronounced setback. The pace of growth was the most pronounced in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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