Benelux: Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Benelux

The Benelux market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption recorded a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Benelux

In value terms, production of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate significant growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in Benelux

In 2022, overseas shipments of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, exports continue to indicate prominent growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips dropped dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2021, and then reduced sharply in the following year.

Exports by Country

The Netherlands prevails in tips structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Belgium (X tons), mixing up a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips exports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

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

In the Netherlands, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, dropping by X% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 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 ton), while the Netherlands amounted to $X per ton.

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

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in Benelux

For the seventh year in a row, Benelux recorded growth in overseas purchases of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips, which increased by X% to X tons in 2022. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips dropped to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) was the largest importer of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips, constituting X% of total imports. Luxembourg (X tons) ranks second in terms of the total imports with an X% share, followed by Belgium (X%).

From 2012 to 2022, average annual rates of growth with regard to unmounted tool inserts, sticks or plates imports into the Netherlands stood at X%. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Luxembourg increased by X and X percentage points, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands was relatively modest. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($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 other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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