Benelux: Endless Machinery Band Market 2024

Endless Machinery Band Market Size in Benelux

After two years of growth, the Benelux endless machinery band market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then declined slightly in the following year.

Endless Machinery Band Production in Benelux

In value terms, endless machinery band production amounted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Endless Machinery Band Exports

Exports in Benelux

In 2022, exports of endless bands for machinery, of stainless steel in Benelux amounted to X square meters, increasing by X% on the year before. In general, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked at X square meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, endless machinery band exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

The Netherlands prevails in exports structure, recording X square meters, which was approx. X% of total exports in 2022. Belgium (X square meters) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to endless machinery band exports from the Netherlands stood at X%. Belgium (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In the Netherlands, endless machinery band exports 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 square meter, picking up by X% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the Netherlands totaled $X per square meter.

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

Endless Machinery Band Imports

Imports in Benelux

In 2022, overseas purchases of endless bands for machinery, of stainless steel decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2021, and then dropped sharply in the following year.

In value terms, endless machinery band imports contracted dramatically to $X in 2022. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

The Netherlands prevails in imports structure, finishing at X square meters, which was near X% of total imports in 2022. It was distantly followed by Belgium (X square meters), comprising a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the endless bands for machinery, of stainless steel imports, with a CAGR of X% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported endless bands for machinery, of stainless steel in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($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 stood at X%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per square meter, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the import price increased by X%. The level of import peaked at $X per square meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per square meter), while the Netherlands amounted to $X per square meter.

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

Source: IndexBox Platform

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