Report Update Feb 1, 2025

Benelux - Static Converters - Market Analysis, Forecast, Size, Trends and Insights

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Benelux: Static Converter Market 2025

Static Converter Market Size in Benelux

The Benelux static converter market soared to $X in 2021, increasing by 23% against the previous year. Over the period under review, consumption enjoyed a significant expansion. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Static Converter Production in Benelux

In value terms, static converter production skyrocketed to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.0% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 63%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Static Converter Exports

Exports in Benelux

In 2021, approx. X units of static converters were exported in Benelux; growing by 51% against 2020 figures. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2015 when exports increased by 1,423% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, static converter exports soared to $X in 2021. Overall, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands dominates exports structure, recording X units, which was near 93% of total exports in 2021. It was distantly followed by Belgium (X units), generating a 6.2% share of total exports.

The Netherlands was also the fastest-growing in terms of the static converters exports, with a CAGR of +59.6% from 2012 to 2021. At the same time, Belgium (+15.1%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +52 percentage points.

In value terms, the Netherlands ($X) remains the largest static converter supplier in Benelux, comprising 89% of total exports. The second position in the ranking was taken by Belgium ($X), with a 10% share of total exports.

In the Netherlands, static converter exports expanded at an average annual rate of +10.6% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, declining by -8.9% against the previous year. In general, the export price recorded a significant decline. The most prominent rate of growth was recorded in 2018 when the export price increased by 19%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-9.8%).

Static Converter Imports

Imports in Benelux

In 2021, the amount of static converters imported in Benelux soared to X units, growing by 38% against 2020 figures. In general, imports saw a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 1,348%. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, static converter imports skyrocketed to $X in 2021. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands prevails in imports structure, resulting at X units, which was approx. 92% of total imports in 2021. It was distantly followed by Belgium (X units), making up a 7.9% share of total imports.

The Netherlands was also the fastest-growing in terms of the static converters imports, with a CAGR of +57.5% from 2012 to 2021. At the same time, Belgium (+20.1%) displayed positive paces of growth. While the share of the Netherlands (+46 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-37.4 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported static converters in Benelux, comprising 82% of total imports. The second position in the ranking was held by Belgium ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands amounted to +13.2%.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, dropping by -2.7% against the previous year. Overall, the import price recorded a dramatic setback. The pace of growth was the most pronounced in 2019 when the import price increased by 31%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-12.7%).

Source: IndexBox Platform

This report provides an in-depth analysis of the static converter market in Benelux. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27115023 -
Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
Prodcom 27115033 - Accumulator chargers
Prodcom 27115035 -
Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
Prodcom 27904130 -
Prodcom 27904140 -
Prodcom 27904153 -
Prodcom 27904155 -
Prodcom 27904170 -
Prodcom 27904190 -

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Benelux, split by region and country
Trade (exports and imports) in Benelux
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Belgium
- Luxembourg
- Netherlands
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024