Benelux: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Benelux

In 2021, after three years of growth, there was significant decline in the Benelux market for electric generating sets and rotary converters, when its value decreased by X% to $X. Over the period under review, consumption, however, continues to indicate a tangible expansion. The level of consumption peaked at $X in 2020, and then contracted rapidly in the following year.

Production of Electric Generating Sets And Rotary Converters in Benelux

In value terms, production of electric generating sets and rotary converters stood at $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep setback. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports in Benelux

In 2021, after three years of growth, there was significant decline in overseas shipments of electric generating sets and rotary converters, when their volume decreased by X% to X units. In general, exports, however, showed measured growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, exports of electric generating sets and rotary converters contracted dramatically to $X in 2021. Overall, exports recorded a slight setback. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

The Netherlands represented the main exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by Belgium (X units), comprising a X% share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2021. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2021. Belgium (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

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

Imports of Electric Generating Sets And Rotary Converters

Imports in Benelux

In 2021, after four years of growth, there was significant decline in overseas purchases of electric generating sets and rotary converters, when their volume decreased by X% to X units. In general, imports, however, showed a temperate increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports of attained the peak figure at X units in 2020, and then dropped significantly in the following year.

In value terms, imports of electric generating sets and rotary converters fell dramatically to $X in 2021. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2020, and then plummeted in the following year.

Imports by Country

The Netherlands dominates converters structure, amounting to X units, which was approx. X% of total imports in 2021. It was distantly followed by Belgium (X units), making up an X% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electric generating set and rotary converter imports into the Netherlands stood at X%. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2021. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, waning by X% against the previous year. Overall, the import price, however, enjoyed modest growth. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, 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 the Netherlands (X%).

Source: IndexBox Platform

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