Clutches and shaft couplings market in the Netherlands

Earlier Report Observations

The market for clutches and shaft couplings in the Netherlands expanded in 2019, reaching 5.8 thousand tons, a 25% increase from the previous year. This growth was interrupted in 2020 when the market volume contracted to 4.9 thousand tons, a decline that coincided with the global COVID-19 pandemic which disrupted industrial activity and supply chains.

A strong recovery followed, with the market volume rising to 6.8 thousand tons by 2023, surpassing pre-pandemic levels. In 2024, the physical market volume remained stable at 6.7 thousand tons, but its monetary value experienced a sharp 37% decline to 41.6 million US dollars, indicating a significant shift in average prices or product mix.

Overall, from 2018 to 2024, the market showed considerable volatility, with a peak in physical volume in 2023 followed by a stabilization in volume but a pronounced decrease in total market value in the most recent year.

Production clutches and shaft couplings in the Netherlands

In value, 2018-2021, K $ US

In 2021, the Netherlands produced clutches and shaft couplings valued at 35 953 thousand US dollars, marking a strong increase of 24.8% compared to 2020. Over the period from 2018 to 2021, production grew by 27.8%, with an average annual growth rate of 8.5%. The highest value was recorded in 2019 at 36 344 thousand US dollars, which saw the largest increase of 29.2% that year. In contrast, 2020 experienced the largest decline of 20.7%.

Annual dynamics of production in the Netherlands in value, 2018-2021, K $ US

In kind, 2018-2021, t

In 2021, the Netherlands produced 3 531 tonnes of clutches and shaft couplings, reflecting a decline of 11.5% from 2020. From 2018 to 2021, overall production increased by 13.7%, with an average annual growth rate of 4.4%. The peak production was in 2019 at 3 991 tonnes, which also saw the largest increase of 28.5%. The largest decline occurred in 2020, dropping by 11.5%.

Annual dynamics of production in the Netherlands in kind, 2018-2021, t

Exports clutches and shaft couplings from the Netherlands

Exports in kind, t

The Netherlands' exports of clutches and shaft couplings in volume terms grew for the second consecutive year. In 2021, exports reached 1 550 tonnes, showing a robust year-over-year increase of 11.1%. Between 2018 and 2021, exports rose by 25.5%, equivalent to an annualized rate of 7.9%. The lowest volume was recorded in 2019 at 1 190 tonnes, which also saw the largest decline of 3.6%. The largest increase occurred in 2020, with a rise of 17.2%.

Annual dynamics of product's exports from the Netherlands in kind, 2018-2021, t

From 2018 to 2021, the Netherlands' exports of clutches and shaft couplings in volume terms were distributed across numerous countries. Germany accounted for 18.1% of exports, the United Kingdom for 7.6%, and Belgium for 6.9%, together making up 32.6% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from the Netherlands in kind, 2018-2021

Exports in value, K $ US

The Netherlands' exports of clutches and shaft couplings in value terms increased for the second year in a row. In 2021, exports were recorded at 65 033 thousand US dollars, representing a robust 22.4% rise compared to the previous year. Over the period from 2018 to 2021, exports grew by 36.2%, with an average annual growth rate of 10.8%. The lowest value was in 2019 at 47 025 thousand US dollars, which also saw the largest decline of 1.5%.

Annual dynamics of product's exports from the Netherlands in value, 2018-2021, K $ US

Between 2018 and 2021, Germany was the largest buyer of clutches and shaft couplings from the Netherlands in value terms, accounting for 13.8% of exports, followed by Belgium at 8.0% and the United Kingdom at 6.3%. Together, these three countries represented 28.1% of total export value, with many smaller partners making up the remainder.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from the Netherlands in value, 2018-2021

Imports clutches and shaft couplings to the Netherlands

Imports in kind, t

The Netherlands' imports of clutches and shaft couplings in volume terms declined for the second consecutive year. In 2021, imports amounted to 2 357 tonnes, a decrease of 13.8% from 2020. From 2018 to 2021, imports fell by 15.6%, with an average annual decline of 5.5%. The highest volume was recorded in 2019 at 3 026 tonnes, which also saw the largest increase of 8.4%.

Annual dynamics of product's imports to the Netherlands in kind, 2018-2021, t

Throughout 2018 to 2021, Germany was the key partner for the Netherlands' imports of clutches and shaft couplings in volume terms, accounting for 54.5% of imports. China followed with 11.5%, and Italy with 4.3%. Together, these three countries made up 70.3% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to the Netherlands in kind, 2018-2021

Imports in value, K $ US

After two years of decline, the Netherlands' imports of clutches and shaft couplings in value terms increased in 2021. Imports totaled 68 486 thousand US dollars, equivalent to a year-over-year uptick of 6.5%. Between 2018 and 2021, imports decreased by 8.4%, equating to an annualized decline of 2.9%. The lowest value was recorded in 2020 at 64 302 thousand US dollars, which also saw the largest decline of 8.6%.

Annual dynamics of product's imports to the Netherlands in value, 2018-2021, K $ US

From 2018 to 2021, Germany led as the top supplier of clutches and shaft couplings to the Netherlands in value terms, accounting for 55.8% of imports. Belgium contributed 6.0%, and the United Kingdom 4.5%. Combined, these three countries accounted for 66.4% of total import value.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to the Netherlands in value, 2018-2021