Netherlands: Working Wire Machine Market 2022

Working Wire Machine Market Size in the Netherlands

The Dutch working wire machine market skyrocketed to $X in 2021, growing by 20% against the previous year. Overall, consumption showed a significant expansion. Working wire machine consumption peaked in 2021 and is expected to retain growth in the near future.

Working Wire Machine Production in the Netherlands

In value terms, working wire machine production contracted remarkably to $X in 2021 estimated in export price. In general, production recorded significant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 329%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted notably in the following year.

Working Wire Machine Exports

Exports from the Netherlands

In 2021, shipments abroad of machines for working wire increased by 97% to X units, rising for the third year in a row after two years of decline. In general, exports saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of 874%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, working wire machine exports skyrocketed to $X in 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2016 when exports increased by 342%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X units) was the main destination for working wire machine exports from the Netherlands, with a 49% share of total exports. Moreover, working wire machine exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), fourfold. The third position in this ranking was taken by France (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +199.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+109.7% per year) and France (0.0% per year).

In value terms, Germany ($X) remains the key foreign market for working wire machine exports from the Netherlands, comprising 56% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +178.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+198.8% per year) and France (+187.0% per year).

Export Prices by Country

The average working wire machine export price stood at $X per unit in 2021, reducing by -18.5% against the previous year. In general, the export price faced a significant decrease. The most prominent rate of growth was recorded in 2017 when the average export price decreased by -6.4% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Colombia ($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 Italy (-3.5%), while the prices for the other major destinations experienced a decline.

Working Wire Machine Imports

Imports into the Netherlands

In 2021, purchases abroad of machines for working wire increased by 1% to X units, rising for the fourth year in a row after three years of decline. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of 105% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, working wire machine imports amounted to $X in 2021. In general, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2019 when imports increased by 101% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Japan (X units) constituted the largest working wire machine supplier to the Netherlands, with a 48% share of total imports. Moreover, working wire machine imports from Japan exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The third position in this ranking was held by the United States (X units), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+17.3% per year) and the United States (-14.0% per year).

In value terms, Japan ($X) constituted the largest supplier of working wire machine to the Netherlands, comprising 75% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.1% share of total imports. It was followed by Belgium, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value from Japan amounted to +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.5% per year) and Belgium (+408.7% per year).

Import Prices by Country

In 2021, the average working wire machine import price amounted to $X per unit, almost unchanged from the previous year. In general, the import price, however, saw a pronounced downturn. The growth pace was the most rapid in 2016 an increase of 32% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+93.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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