Netherlands: Market for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V 2024

Market Size for Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V in the Netherlands

The Dutch electrical board and console market skyrocketed to $X in 2022, with an increase of 19% against the previous year. Over the period under review, consumption enjoyed buoyant growth. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Production of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding X V in the Netherlands

In value terms, electrical board and console production fell to $X in 2022 estimated in export price. In general, production recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2013 when the production volume increased by 166% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Exports from the Netherlands

Electrical board and console exports from the Netherlands shrank to X units in 2022, with a decrease of -5.3% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 53%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electrical board and console exports dropped significantly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 102%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X units), Denmark (X units) and Poland (X units) were the main destinations of electrical board and console exports from the Netherlands, together comprising 34% of total exports. Norway, Germany, the UK, South Africa, Curacao, Switzerland, Israel, Slovenia, China and Russia lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +238.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and the UK ($X) were the largest markets for electrical board and console exported from the Netherlands worldwide, with a combined 29% share of total exports. Poland, Germany, Norway, South Africa, China, Curacao, Israel, Switzerland, Slovenia and Russia lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Slovenia, with a CAGR of +163.9%, saw the highest rates of growth with regard to 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 electrical board and console export price amounted to $X per unit, which is down by -11.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Slovenia ($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 Norway (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Consoles, Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V

Imports into the Netherlands

Electrical board and console imports into the Netherlands skyrocketed to X units in 2022, picking up by 42% compared with the year before. Over the period under review, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 79%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, electrical board and console imports surged to $X in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 46%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Turkey (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of electrical board and console imports to the Netherlands, with a combined 87% share of total imports. Poland, France and China lagged somewhat behind, together comprising a further 7.4%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +117.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding X v to the Netherlands, comprising 55% of total imports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total imports. It was followed by Poland, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+29.1% per year) and Poland (+114.0% per year).

Import Prices by Country

The average electrical board and console import price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 32%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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