Netherlands: Electrical Circuit Apparatus Market 2022

Electrical Circuit Apparatus Market Size in the Netherlands

The Dutch electrical circuit apparatus market soared to $X in 2021, with an increase of 28% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -7.6% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Electrical Circuit Apparatus Production in the Netherlands

In value terms, electrical circuit apparatus production reduced to $X in 2021 estimated in export price. In general, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 30% against the previous year. Electrical circuit apparatus production peaked at $X in 2020, and then fell in the following year.

Electrical Circuit Apparatus Exports

Exports from the Netherlands

In 2021, the amount of electrical apparatus for circuit connection, switching and protection exported from the Netherlands skyrocketed to X tons, rising by 20% on the previous year. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports surged to $X in 2021. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for electrical circuit apparatus exports from the Netherlands, accounting for a 31% share of total exports. Moreover, electrical circuit apparatus exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.7% per year) and Poland (+3.7% per year).

In value terms, Germany ($X) remains the key foreign market for electrical circuit apparatus exports from the Netherlands, comprising 27% of total exports. The second position in the ranking was taken by Belgium ($X), with an 8.7% share of total exports. It was followed by France, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.0% per year) and France (+6.1% per year).

Export Prices by Country

In 2021, the average electrical circuit apparatus export price amounted to $X per ton, growing by 8.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2013 an increase of 12%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Circuit Apparatus Imports

Imports into the Netherlands

In 2021, supplies from abroad of electrical apparatus for circuit connection, switching and protection increased by 30% to X tons, rising for the fourth year in a row after four years of decline. In general, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.9% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and France (X tons) were the main suppliers of electrical circuit apparatus imports to the Netherlands, with a combined 61% share of total imports. These countries were followed by Italy, Belgium, Mexico, the United States, Denmark, Poland, Japan, Spain and the UK, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +35.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and France ($X) appeared to be the largest electrical circuit apparatus suppliers to the Netherlands, together comprising 55% of total imports. The United States, Japan, Belgium, Mexico, Poland, Italy, Spain, Denmark and the UK lagged somewhat behind, together comprising a further 28%.

Spain, with a CAGR of +20.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical circuit apparatus import price stood at $X per ton in 2021, reducing by -5.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 8.1%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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