The Dutch hoisting equipment market recorded a third consecutive year of sales growth, growing by X% to $X in 2021. Overall, consumption continued to show a relatively flat trend pattern. Lifting equipment consumption peaked in 2021 and is expected to keep growing in the coming years.
In value terms, 2021 hoisting equipment production is estimated to have declined slightly to $X at export prices. Gross output averaged +X% annual growth from 2012-2021; however, the trend pattern remains consistent, with only minor fluctuations recorded in some years. The most significant growth rate occurred in 2013, with an increase of X%. Lifting equipment production peaked at $X in 2017; however, production is at a lower level from 2018 to 2021.
Dutch hoisting equipment exports soared to X units in 2021, an increase of X% over the previous year. During the period under review, exports recorded significant growth. The fastest growth in 2019, with exports up X%. During the period under review, exports peaked in 2021 and are expected to maintain growth in the short term.
Lifting equipment exports soar to $X in 2021 by value. Overall, exports have grown strongly. The fastest growth in 2019, an increase of X%. As a result, exports peaked at X dollars. From 2020 to 2021, the growth rate of exports will remain at a low level.
The UK (X units), China (X units) and the US (X units) were the main destinations for Dutch lifting equipment exports, together accounting for X% of total exports. From 2012 to 2021, among the major destination countries, the United Kingdom (+X% CAGR) will see the most significant growth in shipments, while other leaders have more modest growth rates.
The largest markets for Dutch lifting equipment exports by value are the UK ($X), China ($X) and Belgium ($X), which together account for X% of total exports. Among the major destination countries, the UK, with a CAGR of +X%, recorded the highest export value growth rate during the period under review, while the other leading countries experienced more moderate growth in shipments.
In 2021, Dutch imports of lifting equipment surged to X units, an increase of X% compared to 2020 figures. During the period under review, imports increased significantly. As a result, imports peaked and may continue to grow in the short term.
Lifting equipment imports jumped to $X in 2021 in value terms. Overall, imports recorded impressive growth. The most significant growth rate occurred in 2015, with an increase of X%. Imports hit an all-time high in 2021 during the review period and are expected to keep growing for years to come.
In 2021, Belgium (X units) is the largest supplier of lifting equipment in the Netherlands, accounting for X% of total imports. In addition, imports of lifting equipment from Belgium were three times higher than the figures recorded by the second largest supplier, Singapore (X units). In third place in this ranking is Italy (X units) with an X% share.
From 2012 to 2021, sales in Belgium will grow at an average annual rate of +X%. The average annual growth rates of imports for the remaining suppliers are as follows: Singapore (+X% per annum) and Italy (+X% per annum).
By value, Italy ($X), Singapore ($X) and Belgium ($X) are the largest suppliers of lifting equipment to the Netherlands, accounting for X% of total imports. In terms of major suppliers, Singapore registered a CAGR of +X% with the highest import value growth rate during the period under review, while procurement growth from other leading suppliers was more modest.
Italy, Singapore and Belgium are the largest suppliers of lifting equipment to the Netherlands by value, accounting for 60% of total imports.
In terms of value, the UK, China and Belgium appear to be the largest markets for the Netherlands to export lifting equipment globally, together accounting for 78% of total exports.
The average export price of lifting equipment in 2021 is US$6,631 per unit, up 76% from the previous year.
The average import price of hoisting equipment in 2021 is US$2,791/unit, down -15.5% from the previous year
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