Belgium: Capacitor Market 2025

Capacitor Market Size in Belgium

The Belgian capacitor market soared to $X in 2021, with an increase of 114% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a measured increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Capacitor Exports

Exports from Belgium

In 2021, approx. X tons of electrical capacitors were exported from Belgium; rising by 39% on the previous year. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 76% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, capacitor exports soared to $X in 2021. Over the period under review, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 55%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons) was the main destination for capacitor exports from Belgium, with a 30% share of total exports. Moreover, capacitor exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by France (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+15.3% per year) and France (+16.5% per year).

In value terms, the largest markets for capacitor exported from Belgium were Germany ($X), Italy ($X) and France ($X), with a combined 44% share of total exports. These countries were followed by Poland, the Netherlands, Romania, Austria, Spain, Denmark, the Czech Republic, Hungary, Sweden and Ireland, which together accounted for a further 27%.

Among the main countries of destination, Ireland, with a CAGR of +39.1%, 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 2021, the average capacitor export price amounted to $X per ton, picking up by 5.4% against the previous year. Over the period under review, the export price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2019 an increase of 16%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Ireland ($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 Poland (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Capacitor Imports

Imports into Belgium

In 2021, purchases abroad of electrical capacitors increased by 68% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports posted a strong expansion. The growth pace was the most rapid in 2017 with an increase of 70% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, capacitor imports surged to $X in 2021. Over the period under review, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of capacitor to Belgium, accounting for a 75% share of total imports. Moreover, capacitor imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Japan (X tons) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +39.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+36.8% per year) and Japan (+12.9% per year).

In value terms, the largest capacitor suppliers to Belgium were Germany ($X), the Netherlands ($X) and Japan ($X), with a combined 83% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +18.8%, recorded the highest rates of growth with regard to 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 capacitor import price stood at $X per ton in 2021, shrinking by -19.9% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 9.1%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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