EU: Capacitor Market 2024

Capacitor Market Size in the EU

The EU capacitor market skyrocketed to $X in 2021, jumping by 35% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 -0.4% against 2019 indices. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Capacitor Production in the EU

In value terms, capacitor production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by 20%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Capacitor Exports

Exports in the EU

After two years of decline, overseas shipments of electrical capacitors increased by 23% to X tons in 2021. The total export volume increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat 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, capacitor exports soared to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 27% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Germany (X tons), distantly followed by the Czech Republic (X tons), the Netherlands (X tons), Belgium (X tons), Italy (X tons), Hungary (X tons), Poland (X tons) and Romania (X tons) were the largest exporters of electrical capacitors, together comprising 84% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +26.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest capacitor supplier in the European Union, comprising 44% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 18% share of total exports. It was followed by the Netherlands, with an 11% share.

In Germany, capacitor exports expanded at an average annual rate of +9.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Czech Republic (+1.5% per year) and the Netherlands (+5.8% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, picking up by 1.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the other leaders experienced more modest paces of growth.

Capacitor Imports

Imports in the EU

In 2021, overseas purchases of electrical capacitors were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 23%. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, capacitor imports skyrocketed to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Hungary (X tons) and Germany (X tons) were the largest importers of electrical capacitors in 2021, recording near 27% and 21% of total imports, respectively. Belgium (X tons) held a 7.9% share (based on physical terms) of total imports, which put it in second place, followed by Italy (6.8%), the Czech Republic (5.5%) and Romania (4.8%). The Netherlands (X tons), France (X tons), Spain (X tons), Slovakia (X tons), Poland (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +19.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported electrical capacitors in the European Union, comprising 43% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 9% share of total imports. It was followed by the Netherlands, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany totaled +7.5%. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (+3.9% per year) and the Netherlands (+6.7% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, jumping by 28% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the import price increased by 36% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+15.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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