Netherlands: Wire And Cable Market 2024

Wire And Cable Market Size in the Netherlands

The Dutch wire and cable market rose rapidly to $X in 2021, growing by 12% against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +42.6% against 2014 indices. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Wire And Cable Production in the Netherlands

In value terms, wire and cable production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2020 when the production volume increased by 90%. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the immediate term.

Wire And Cable Exports

Exports from the Netherlands

In 2021, shipments abroad of insulated wire and cable increased by 12% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +115.9% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 32% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, wire and cable exports surged to $X in 2021. In general, exports showed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Poland (X tons) and Belgium (X tons) were the main destinations of wire and cable exports from the Netherlands, with a combined 42% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +29.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for insulated wire and cable exports from the Netherlands, comprising 18% of total exports. The second position in the ranking was taken by France ($X), with an 8.4% share of total exports. It was followed by Belgium, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+10.7% per year) and Belgium (+6.9% per year).

Export Prices by Country

The average wire and cable export price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2016 when the average export price increased by 13%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Poland ($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 Sweden (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wire And Cable Imports

Imports into the Netherlands

For the sixth consecutive year, the Netherlands recorded growth in supplies from abroad of insulated wire and cable, which increased by 6.8% to X tons in 2021. Overall, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +61.4% against 2015 indices. The most prominent rate of growth was recorded in 2014 with an increase of 30%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, wire and cable imports surged to $X in 2021. Over the period under review, imports posted strong growth. The pace of growth was the most pronounced in 2018 with an increase of 27%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of wire and cable imports to the Netherlands, with a combined 54% share of total imports. These countries were followed by Italy, France, Turkey, Hungary, Ireland, Poland, Switzerland, Romania, the UK and the United States, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +42.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable suppliers to the Netherlands were China ($X), Germany ($X) and Belgium ($X), together comprising 52% of total imports. These countries were followed by Italy, the United States, Poland, France, Hungary, Romania, Turkey, Ireland, the UK and Switzerland, which together accounted for a further 27%.

In terms of the main suppliers, Switzerland, with a CAGR of +24.1%, recorded 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

In 2021, the average wire and cable import price amounted to $X per ton, jumping by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2015 an increase of 16%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Switzerland ($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 (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :