Benelux: Market for Parts Of Harvester And Threshers 2024

Market Size for Parts Of Harvester And Threshers in Benelux

In 2021, the Benelux market for parts of harvester and threshers was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption recorded a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Parts Of Harvester And Threshers in Benelux

In value terms, parts of harvester and threshers production soared to $X in 2021 estimated in export price. In general, production, however, showed a modest expansion. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Parts Of Harvester And Threshers

Exports in Benelux

Parts of harvester and threshers exports declined to X units in 2021, dropping by -11.4% against the previous year. The total export volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by 21%. The volume of export peaked at X units in 2020, and then declined in the following year.

In value terms, parts of harvester and threshers exports dropped to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +56.9% against 2014 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 24%. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Belgium represented the key exporting country with an export of about X units, which reached 62% of total exports. It was distantly followed by the Netherlands (X units), committing a 38% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +3.1%).

In value terms, the largest parts of harvester and threshers supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

In terms of the main exporting countries, Belgium, with a CAGR of +6.8%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, which is down by -3.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. The level of export peaked at $X per unit in 2020, and then fell slightly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%).

Imports of Parts Of Harvester And Threshers

Imports in Benelux

In 2021, approx. X units of parts of harvester and threshers were imported in Benelux; with an increase of 61% compared with 2020. Total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.3% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers imports skyrocketed to $X in 2021. Over the period under review, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium represented the major importer of parts of harvester and threshers in Benelux, with the volume of imports reaching X units, which was approx. 64% of total imports in 2021. It was distantly followed by the Netherlands (X units), committing a 36% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +10.6%).

In value terms, Belgium ($X) constitutes the largest market for imported parts of harvester and threshers in Benelux, comprising 71% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium amounted to +16.8%.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, shrinking by -5.4% against the previous year. Import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, parts of harvester and threshers import price decreased by -13.6% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the import price increased by 32%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.6%).

Source: IndexBox Platform

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