Netherlands: Accumulator Market Overview 2021

Accumulator Market Size in the Netherlands

In 2020, after four years of growth, there was decline in the Dutch accumulator market, when its value decreased by -X% to $X. Overall, consumption, however, continues to indicate a slight setback. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Accumulator Production in the Netherlands

In value terms, accumulator production dropped remarkably to $X in 2020 estimated in export prices. In general, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X, and then contracted rapidly in the following year.

Accumulator Exports

Exports from the Netherlands

In 2020, after three years of growth, there was significant decline in overseas shipments of electric accumulators, when their volume decreased by -X% to X units. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Exports peaked at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, accumulator exports expanded notably to $X in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units), Germany (X units) and Poland (X units) were the main destinations of accumulator exports from the Netherlands, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Germany, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), France ($X) and Belgium ($X) appeared to be the largest markets for accumulator exported from the Netherlands worldwide, together comprising X% of total exports.

Among the main countries of destination, France saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average accumulator export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was France ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Accumulator Imports

Imports into the Netherlands

In 2020, approx. X units of electric accumulators were imported into the Netherlands; growing by X% against the previous year's figure. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, accumulator imports rose markedly to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

China (X units), Germany (X units) and France (X units) were the main suppliers of accumulator imports to the Netherlands, with a combined X% share of total imports. Hong Kong SAR, Viet Nam, South Korea, the Philippines, Taiwan (Chinese), Belgium, the UK and Japan lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Viet Nam, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest accumulator suppliers to the Netherlands were Germany ($X), China ($X) and the Philippines ($X), with a combined X% share of total imports. Viet Nam, France, South Korea, Belgium, Taiwan (Chinese), the UK, Hong Kong SAR and Japan lagged somewhat behind, together comprising a further X terms of the main suppliers, Viet Nam recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average accumulator import price amounted to $X per unit, reducing by -X% against the previous year. In general, the import price, however, showed prominent growth. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019, and then dropped modestly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the Philippines ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric accumulators in the world?

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The country with the largest volume of accumulator consumption was Japan (2.2B units), comprising approx. 57% of total volume. Moreover, accumulator consumption in Japan exceeded the figures recorded by the second-largest consumer, China (382M units), sixfold. The third position in this ranking was occupied by the U.S. (219M units), with a 5.7% share.

What are the largest producers of electric accumulators in the world?

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Japan (2.2B units) remains the largest accumulator producing country worldwide, accounting for 58% of total volume. Moreover, accumulator production in Japan exceeded the figures recorded by the second-largest producer, China (601M units), fourfold. The U.S. (170M units) ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of electric accumulators to the Netherlands?

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In value terms, Germany ($94M), China ($75M) and the Philippines ($69M) were the largest accumulator suppliers to the Netherlands, with a combined 41% share of total imports. Viet Nam, France, South Korea, Belgium, Taiwan (Chinese), the UK, Hong Kong SAR and Japan lagged somewhat behind, together comprising a further 35%.

What are the leading importers of electric accumulators from the Netherlands?

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In value terms, Germany ($35M), France ($34M) and Belgium ($29M) constituted the largest markets for accumulator exported from the Netherlands worldwide, with a combined 51% share of total exports.

What is the average export price for electric accumulators in the Netherlands?

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In 2020, the average accumulator export price amounted to $22 per unit, rising by 22% against the previous year.

What is the average import price for electric accumulators in the Netherlands?

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In 2020, the average accumulator import price amounted to $27 per unit, which is down by -4.2% against the previous year.