Netherlands: Market for Iron Or Steel Solid Fuel Domestic Appliances 2024

Market Size for Iron Or Steel Solid Fuel Domestic Appliances in the Netherlands

After six years of growth, the Dutch metal solid fuel appliances market decreased by -17.2% to $X in 2022. Over the period under review, consumption, however, posted a strong expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank significantly in the following year.

Exports of Iron Or Steel Solid Fuel Domestic Appliances

Exports from the Netherlands

In 2022, overseas shipments of iron or steel solid fuel domestic appliances decreased by -20.1% to X units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% 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 +47.8% against 2018 indices. The growth pace was the most rapid in 2021 when exports increased by 50%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal solid fuel appliances exports fell to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of 105%. As a result, the exports reached the peak of $X, and then shrank modestly in the following year.

Exports by Country

Belgium (X units), France (X units) and the UK (X units) were the main destinations of metal solid fuel appliances exports from the Netherlands, with a combined 66% share of total exports. Germany, Norway, Poland, Denmark and Sweden lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +41.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal solid fuel appliances exported from the Netherlands were France ($X), Belgium ($X) and Germany ($X), together accounting for 68% of total exports. The UK, Norway, Sweden, Denmark and Poland lagged somewhat behind, together comprising a further 19%.

In terms of the main countries of destination, Denmark, with a CAGR of +33.6%, saw the highest growth rate of 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

In 2022, the average metal solid fuel appliances export price amounted to $X per unit, growing by 20% against the previous year. Over the period under review, the export price posted strong growth. The pace of growth was the most pronounced in 2013 an increase of 50%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Solid Fuel Domestic Appliances

Imports into the Netherlands

In 2022, overseas purchases of iron or steel solid fuel domestic appliances decreased by -21.6% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 191% against the previous year. As a result, imports reached the peak of X units, and then dropped significantly in the following year.

In value terms, metal solid fuel appliances imports shrank to $X in 2022. Overall, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal solid fuel appliances to the Netherlands, with a 80% share of total imports. Moreover, metal solid fuel appliances imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), more than tenfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-11.2% per year) and Taiwan (Chinese) (+42.6% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel solid fuel domestic appliances to the Netherlands, comprising 34% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.5% per year) and Belgium (+4.5% per year).

Import Prices by Country

In 2022, the average metal solid fuel appliances import price amounted to $X per unit, growing by 13% against the previous year. Overall, the import price showed a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 62%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($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 (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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