Benelux: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Benelux

The Benelux market for in-hand motor grinders, sanders and planers was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption showed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of In-Hand Motor Grinders, Sanders And Planers in Benelux

In value terms, production of in-hand motor grinders, sanders and planers dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. Over the period under review, production of attained the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports in Benelux

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 14% to X units, rising for the sixth consecutive year after two years of decline. Overall, exports saw a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 62% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. In general, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 33%. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

In 2021, the Netherlands (X units) and Belgium (X units) was the largest exporter of in-hand motor grinders, sanders and planers in Benelux, creating 100% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +17.2%).

In value terms, the largest electromechanical tools for working in the hand, with self-contained electric motor supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +19.4%, recorded 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 2021, increasing by 5.5% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The growth pace was the most rapid in 2013 when the export price increased by 9.8%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.9%).

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports in Benelux

Imports of in-hand motor grinders, sanders and planers skyrocketed to X units in 2021, growing by 66% compared with 2020 figures. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. In general, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands represented the main importer of in-hand motor grinders, sanders and planers in Benelux, with the volume of imports resulting at X units, which was near 69% of total imports in 2021. It was distantly followed by Belgium (X units), comprising a 30% share of total imports.

The Netherlands was also the fastest-growing in terms of the in-hand motor grinders, sanders and planers imports, with a CAGR of +21.1% from 2012 to 2021. At the same time, Belgium (+9.9%) displayed positive paces of growth. While the share of the Netherlands (+20 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-20.3 p.p.) displayed negative dynamics.

In value terms, the largest electromechanical tools for working in the hand, with self-contained electric motor importing markets in Benelux were Belgium ($X) and the Netherlands ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of +18.8%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, reducing by -15.1% against the previous year. Overall, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 when the import price increased by 11% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.9%).

Source: IndexBox Platform

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