Benelux: Electrical Circuit Apparatus Market 2024

Electrical Circuit Apparatus Market Size in Benelux

The Benelux electrical circuit apparatus market skyrocketed to $X in 2021, growing by X% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Electrical Circuit Apparatus Production in Benelux

In value terms, electrical circuit apparatus production contracted modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then shrank in the following year.

Electrical Circuit Apparatus Exports

Exports in Benelux

In 2021, overseas shipments of electrical apparatus for circuit connection, switching and protection increased by X% to X units, rising for the fifth year in a row after three years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports soared to $X in 2021. The total export value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of X%).

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

In the Netherlands, electrical circuit apparatus exports increased at an average annual rate of X% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

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

Electrical Circuit Apparatus Imports

Imports in Benelux

Electrical circuit apparatus imports surged to X units in 2021, increasing by X% against 2020 figures. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus imports surged to $X in 2021. The total import value increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of electrical circuit apparatus imports in 2021 were Belgium (X units) and the Netherlands (X units), together amounting to X% of total import.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) constitutes the largest market for imported electrical apparatus for circuit connection, switching and protection in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

In the Netherlands, electrical circuit apparatus imports expanded at an average annual rate of X% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, 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 the Netherlands ($X per unit), while Belgium 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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