Benelux: Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2024

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Benelux

The Benelux market for tyres for agriculture, forestry, construction, industry and other off the road vehicles reduced markedly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, enjoyed pronounced growth. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank remarkably in the following year.

Production of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Benelux

In value terms, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate strong growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports in Benelux

In 2022, after six years of growth, there was decline in shipments abroad of tyres for agriculture, forestry, construction, industry and other off the road vehicles, when their volume decreased by X% to X units. Over the period under review, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports of tyres for agriculture, forestry, construction, industry and other off road vehicles hit record highs at X units in 2021, and then declined slightly in the following year.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles expanded sharply to $X in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. 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 of tyres for agriculture, forestry, construction, industry and other off road vehicles reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X units) represented the key exporter of tyres for agriculture, forestry, construction, industry and other off the road vehicles, generating X% of total exports. It was distantly followed by Belgium (X units), making up a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the tyres for agriculture, forestry, construction, industry and other off the road vehicles exports, with a CAGR of X% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. 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, the Netherlands ($X) remains the largest agricultural, construction and industrial machinery tyre supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to X%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a abrupt slump. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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%).

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports in Benelux

After two years of growth, purchases abroad of tyres for agriculture, forestry, construction, industry and other off the road vehicles decreased by X% to X units in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X%. The volume of import peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles shrank to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, the Netherlands (X units) was the major importer of tyres for agriculture, forestry, construction, industry and other off the road vehicles, mixing up X% of total imports. It was distantly followed by Belgium (X units), making up a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the tyres for agriculture, forestry, construction, industry and other off the road vehicles imports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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%).

Source: IndexBox Platform

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