Benelux: Industrial Robot Market 2024

Industrial Robot Market Size in Benelux

In 2023, the Benelux industrial robot market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, recorded a modest expansion. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Industrial Robot Production in Benelux

In value terms, industrial robot production rose modestly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Industrial Robot Exports

Exports in Benelux

In 2023, shipments abroad of industrial robots for multiple uses increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, industrial robot exports soared to $X in 2023. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands was the key exporter of industrial robots for multiple uses in Benelux, with the volume of exports accounting for X units, which was near X% of total exports in 2023. Belgium (X units) took the second position in the ranking, followed by Luxembourg (X units). All these countries together held approx. X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Luxembourg (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in Benelux stood at $X per unit in 2023, jumping by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the export prices reached the maximum in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Industrial Robot Imports

Imports in Benelux

Industrial robot imports dropped rapidly to X units in 2023, waning by X% against the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, industrial robot imports reduced to $X in 2023. Total imports indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

The Netherlands (X units) and Belgium (X units) represented roughly X% of total imports in 2023. It was distantly followed by Luxembourg (X units), achieving a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Luxembourg (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported industrial robots for multiple uses in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands totaled X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2023, with an increase of X% against the previous year. In general, the import price showed a mild expansion. The pace of growth appeared the most rapid in 2020 an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the near future.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform