Netherlands: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in the Netherlands

The Dutch market for electric generating sets and rotary converters soared to $X in 2020, picking up by X% against the previous year. Over the period under review, consumption showed a abrupt slump. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Production of Electric Generating Sets And Rotary Converters in the Netherlands

In value terms, production of electric generating sets and rotary converters contracted to $X in 2020 estimated in export prices. Overall, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from the Netherlands

In 2020, overseas shipments of electric generating sets and rotary converters increased by X% to X units, rising for the fourth consecutive year after three years of decline. Overall, exports recorded a strong expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric generating sets and rotary converters soared to $X in 2020. Over the period under review, exports showed a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X units) was the main destination for exports of electric generating sets and rotary converters from the Netherlands, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Belgium exceeded the volume sent to the second major destination, Germany (X units), fivefold. The third position in this ranking was occupied by France (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and France (-X% per year).

In value terms, the largest markets for electric generating set and rotary converter exported from the Netherlands were Belgium ($X), Russia ($X) and Turkey ($X), together comprising X% of total exports.

Turkey recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Russia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into the Netherlands

Imports of electric generating sets and rotary converters into the Netherlands skyrocketed to X units in 2020, rising by X% compared with the previous year's figure. Overall, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Imports peaked at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters surged to $X in 2020. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, the U.S. (X units) constituted the largest supplier of electric generating set and rotary converter to the Netherlands, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from the U.S. exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (-X% per year).

In value terms, the largest electric generating set and rotary converter suppliers to the Netherlands were Denmark ($X), Germany ($X) and the U.S. ($X terms of the main suppliers, Japan saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, growing by X% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2020 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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