Netherlands: Market for Grinding, Sanding and Polishing Machines 2022

Market Size for Grinding, Sanding and Polishing Machines in the Netherlands

The Dutch market for grinding, sanding and polishing machines fell modestly to $X in 2021, waning by -2.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a notable expansion. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Grinding, Sanding and Polishing Machines

Exports from the Netherlands

In 2021, overseas shipments of grinding, sanding and polishing machines increased by 116% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed moderate growth. The most prominent rate of growth was recorded in 2017 with an increase of 134%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, grinding, sanding and polishing machine exports rose sharply to $X in 2021. In general, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2017 when exports increased by 101% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Ireland (X units), Germany (X units) and the UK (X units) were the main destinations of grinding, sanding and polishing machine exports from the Netherlands, with a combined 28% share of total exports. These countries were followed by Poland, the Czech Republic, France, Mauritius, Belgium, Bulgaria, Norway, Austria and Spain, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were in Mauritius (with a CAGR of +851.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grinding, sanding and polishing machine exported from the Netherlands were Germany ($X), the UK ($X) and Belgium ($X), together accounting for 52% of total exports. Poland, Norway, the Czech Republic, Austria, France, Ireland, Mauritius, Spain and Bulgaria lagged somewhat behind, together accounting for a further 17%.

Among the main countries of destination, Mauritius, with a CAGR of +380.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for grinding, sanding and polishing machines stood at $X per unit in 2021, which is down by -49% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 56%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grinding, Sanding and Polishing Machines

Imports into the Netherlands

In 2021, the amount of grinding, sanding and polishing machines imported into the Netherlands surged to X units, picking up by 37% on 2020. In general, imports posted buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 94% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, grinding, sanding and polishing machine imports skyrocketed to $X in 2021. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.3% 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 +92.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 40%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Belgium (X units) and Germany (X units) were the main suppliers of grinding, sanding and polishing machine imports to the Netherlands, with a combined 80% share of total imports. These countries were followed by Italy, Taiwan (Chinese) and Denmark, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were in Taiwan (Chinese) (with a CAGR of +39.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of grinding, sanding and polishing machine to the Netherlands, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.8% per year) and Italy (+28.0% per year).

Import Prices by Country

The average import price for grinding, sanding and polishing machines stood at $X per unit in 2021, remaining relatively unchanged against the previous year. In general, the import price, however, showed a pronounced setback. The growth pace was the most rapid in 2017 an increase of 42%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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