Benelux: Metal Screw Hook Market 2024

Metal Screw Hook Market Size in Benelux

In 2022, the Benelux metal screw hook market increased by 8.6% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Metal Screw Hook Production in Benelux

In value terms, metal screw hook production stood at $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 142%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Metal Screw Hook Exports

Exports in Benelux

Metal screw hook exports contracted significantly to X tons in 2022, waning by -55.2% against 2021. In general, exports, however, continue to indicate notable growth. The growth pace was the most rapid in 2017 with an increase of 89% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal screw hook exports fell remarkably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X tons) was the key exporter of iron or steel screw hooks and screw rings, comprising 83% of total exports. It was distantly followed by Belgium (X tons), achieving a 15% share of total exports.

The Netherlands was also the fastest-growing in terms of the iron or steel screw hooks and screw rings exports, with a CAGR of +3.7% from 2012 to 2022. Belgium (-3.4%) illustrated a downward trend over the same period. While the share of the Netherlands (+11 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-11.9 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest metal screw hook supplier in Benelux, comprising 77% of total exports. The second position in the ranking was held by Belgium ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands stood at +2.1%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, rising by 30% against the previous year. Overall, the export price, however, saw a mild decline. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.5%).

Metal Screw Hook Imports

Imports in Benelux

In 2022, approx. X tons of iron or steel screw hooks and screw rings were imported in Benelux; which is down by -44.3% on the previous year's figure. Total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 80% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal screw hook imports shrank rapidly to $X in 2022. Total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 46% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) prevails in imports structure, together making up 97% of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +3.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest metal screw hook importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of +6.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, growing by 17% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 34% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+7.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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