Netherlands: Market for Gearboxes and Speed Changers 2024

Market Size for Gearboxes and Speed Changers in the Netherlands

In 2022, after two years of growth, there was significant decline in the Dutch gearboxes and speed changers market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed a buoyant increase. Over the period under review, the market hit record highs at $X in 2021, and then reduced notably in the following year.

Production of Gearboxes and Speed Changers in the Netherlands

In value terms, gearboxes and speed changers production surged to $X in 2022 estimated in export price. In general, production, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Gearboxes and speed changers production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Gearboxes and Speed Changers

Exports from the Netherlands

In 2022, the amount of gearboxes and speed changers exported from the Netherlands skyrocketed to X tons, with an increase of X% compared with 2021 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, gearboxes and speed changers exports skyrocketed to $X in 2022. Over the period under review, total exports indicated noticeable growth 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 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main destinations of gearboxes and speed changers exports from the Netherlands, together comprising X% of total exports. The United States, China, Poland, South Korea, Russia, Australia, the UK, Hungary, Italy and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Belgium ($X) appeared to be the largest markets for gearboxes and speed changers exported from the Netherlands worldwide, with a combined X% share of total exports. China, France, Italy, South Korea, the UK, Poland, Spain, Australia, Russia and Hungary lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average gearboxes and speed changers export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gearboxes and Speed Changers

Imports into the Netherlands

In 2022, after two years of growth, there was significant decline in overseas purchases of gearboxes and speed changers, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, gearboxes and speed changers imports rose slightly to $X in 2022. Overall, total imports indicated a measured 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of gearboxes and speed changers imports to the Netherlands, together accounting for X% of total imports. Belgium, Denmark, Japan and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gearboxes and speed changers suppliers to the Netherlands were Germany ($X), Belgium ($X) and Italy ($X), together accounting for X% of total imports. China, Japan, Denmark and France lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gearboxes and speed changers import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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