Benelux: Fats Preparation Machinery Market 2024

Fats Preparation Machinery Market Size in Benelux

After six years of growth, the Benelux fats preparation machinery market decreased by X% to $X in 2022. In general, consumption continues to indicate a pronounced descent. Over the period under review, the market hit record highs at $X in 2021, and then dropped significantly in the following year.

Fats Preparation Machinery Production in Benelux

In value terms, fats preparation machinery production dropped to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Fats Preparation Machinery Exports

Exports in Benelux

In 2022, shipments abroad of machinery for the extraction or preparation of animal or fixed vegetable fats or oils increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports recorded a perceptible increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, fats preparation machinery exports soared to $X in 2022. Over the period under review, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Belgium (X units) was the largest exporter of machinery for the extraction or preparation of animal or fixed vegetable fats or oils, creating X% of total exports. It was distantly followed by the Netherlands (X units), making up a X% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of machinery for the extraction or preparation of animal or fixed vegetable fats or oils. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by X% from 2012 to 2022, respectively.

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

In Belgium, fats preparation machinery exports declined by 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 unit, falling by X% against the previous year. In general, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

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

Fats Preparation Machinery Imports

Imports in Benelux

In 2022, after ten years of growth, there was significant decline in overseas purchases of machinery for the extraction or preparation of animal or fixed vegetable fats or oils, when their volume decreased by X% to X units. Over the period under review, imports, however, recorded moderate growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then dropped sharply in the following year.

In value terms, fats preparation machinery imports dropped notably to $X in 2022. Overall, imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted markedly in the following year.

Imports by Country

Belgium prevails in imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X units), creating a X% share of total imports.

Imports into Belgium increased at an average annual rate of X% from 2020 to 2022. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2020-2022. From 2020 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, Belgium ($X) constitutes the largest market for imported machinery for the extraction or preparation of animal or fixed vegetable fats or oils in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

In Belgium, fats preparation machinery imports decreased by an average annual rate of X% over the period from 2020-2022.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a drastic downturn. Over the period under review, import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform