Netherlands: Electrical Fuse Market 2024

Electrical Fuse Market Size in the Netherlands

The Dutch electrical fuse market expanded notably to $X in 2021, increasing by 14% against the previous year. In general, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.3% 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 -12.4% against 2019 indices. Electrical fuse consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Electrical Fuse Production in the Netherlands

In value terms, electrical fuse production fell sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 48% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Electrical Fuse Exports

Exports from the Netherlands

In 2021, approx. X tons of electrical fuses were exported from the Netherlands; jumping by 36% against 2020. Overall, exports, however, saw a noticeable contraction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electrical fuse exports skyrocketed to $X in 2021. In general, exports recorded a tangible expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 48%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for electrical fuse exports from the Netherlands, with a 39% share of total exports. Moreover, electrical fuse exports to Germany exceeded the volume sent to the second major destination, Morocco (X tons), sevenfold. The third position in this ranking was taken by Poland (X tons), with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+5.2% per year) and Poland (+11.3% per year).

In value terms, Germany ($X) remains the key foreign market for electrical fuses exports from the Netherlands, comprising 34% of total exports. The second position in the ranking was taken by Hungary ($X), with a 6.3% share of total exports. It was followed by the UK, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+27.9% per year) and the UK (+2.9% per year).

Export Prices by Country

In 2021, the average electrical fuse export price amounted to $X per ton, growing by 2.4% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electrical fuse export price increased by +11.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Morocco ($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 Italy (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Fuse Imports

Imports into the Netherlands

In 2021, purchases abroad of electrical fuses increased by 36% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +4.5% 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.

In value terms, electrical fuse imports surged to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +9.6% 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

In 2021, Mexico (X tons) constituted the largest electrical fuse supplier to the Netherlands, with a 40% share of total imports. Moreover, electrical fuse imports from Mexico exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+46.3% per year) and Germany (+8.3% per year).

In value terms, Mexico ($X) constituted the largest supplier of electrical fuses to the Netherlands, comprising 34% of total imports. The second position in the ranking was taken by Japan ($X), with a 16% share of total imports. It was followed by the Philippines, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Mexico totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+36.0% per year) and the Philippines (+15.1% per year).

Import Prices by Country

The average electrical fuse import price stood at $X per ton in 2021, rising by 4.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.9%. The growth pace was the most rapid in 2018 an increase of 17% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for Slovenia ($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 United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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