Benelux: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Benelux

The Benelux market for fully or partly automatic electric machines for arc welding of metals reduced modestly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Benelux

In value terms, production of fully or partly automatic electric machines for arc welding of metals dropped modestly to $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in Benelux

In 2022, shipments abroad of fully or partly automatic electric machines for arc welding of metals increased by X% to X units, rising for the seventh year in a row after three years of decline. Overall, exports saw a pronounced expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals rose significantly to $X in 2022. In general, exports showed a temperate expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The Netherlands was the key exporting country with an export of about X units, which recorded X% of total exports. Belgium (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Luxembourg (X%).

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Luxembourg increased by X and X percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest fully or partly automatic arc welding machine supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Luxembourg ($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%. In the other countries, the average annual rates were as follows: Luxembourg (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, reducing by X% against the previous year. Export price indicated a slight expansion from 2012 to 2022: its price 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, export price for fully or partly automatic electric machines for arc welding of metals decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in Benelux

In 2022, imports of fully or partly automatic electric machines for arc welding of metals in Benelux skyrocketed to X units, with an increase of X% on the previous year's figure. In general, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals surged to $X in 2022. Over the period under review, imports showed measured growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the major importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by Belgium (X units), comprising a X% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fully or partly automatic arc welding machine imports into the Netherlands stood at X%. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) and Luxembourg (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported fully or partly automatic electric machines for arc welding of metals in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, imports of fully or partly automatic electric machines for arc welding of metals increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, shrinking by X% against the previous year. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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 Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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