Benelux: Petroleum-Engine Cargo Trucks Market 2024

Petroleum-Engine Cargo Trucks Market Size in Benelux

In 2022, the Benelux petroleum-engine cargo trucks market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Petroleum-Engine Cargo Trucks Production in Benelux

In value terms, petroleum-engine cargo trucks production shrank markedly to $X in 2022 estimated in export price. In general, production recorded a mild expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Petroleum-Engine Cargo Trucks Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in overseas shipments of goods vehicles, with spark-ignition internal combustion piston engine, when their volume decreased by X% to X units. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2021, and then declined markedly in the following year.

In value terms, petroleum-engine cargo trucks exports dropped modestly to $X in 2022. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, the Netherlands (X units) and Belgium (X units) represented the largest exporter of goods vehicles, with spark-ignition internal combustion piston engine in Benelux, achieving X% of total export.

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

In value terms, the largest petroleum-engine cargo trucks supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to 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, surging by X% against the previous year. In general, the export price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices attained the peak figure 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 the Netherlands ($X per unit), while Belgium totaled $X per unit.

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

Petroleum-Engine Cargo Trucks Imports

Imports in Benelux

In 2022, after four years of growth, there was significant decline in purchases abroad of goods vehicles, with spark-ignition internal combustion piston engine, when their volume decreased by X% to X units. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then fell sharply in the following year.

In value terms, petroleum-engine cargo trucks imports declined rapidly to $X in 2022. In general, imports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

In 2022, Belgium (X units) was the main importer of goods vehicles, with spark-ignition internal combustion piston engine, comprising X% of total imports. It was distantly followed by the Netherlands (X units), generating a X% share of total imports. Luxembourg (X units) took a relatively small share of total imports.

Belgium was also the fastest-growing in terms of the goods vehicles, with spark-ignition internal combustion piston engine imports, with a CAGR of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. From 2012 to 2022, the share of Belgium increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022.

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, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, flattening at the previous year. Overall, the import price, however, recorded a abrupt setback. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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