Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium - 2023
Contents:
- Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium (FOB) - 2023
- Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium (CIF) - 2023
- Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium
- Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium
Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium (FOB) - 2023
The average export price for electrical capacitors; fixed, aluminium electrolytics stood at $197 per thousand units in August 2023, reducing by -51.6% against the previous month. Over the period under review, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 71% m-o-m. As a result, the export price reached the peak level of $0.5 per unit. From July 2023 to August 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Bulgaria ($461 per thousand units), while the average price for exports to Serbia ($132 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium (CIF) - 2023
In August 2023, the average import price for electrical capacitors; fixed, aluminium electrolytics amounted to $327 per thousand units, increasing by 37% against the previous month. Over the period under review, import price indicated a tangible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electrical capacitors; fixed, aluminium electrolytic import price increased by +64.2% against March 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($1.4 per unit), while the price for Germany ($237 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of electrical capacitors; fixed, aluminium electrolytics, when their volume decreased by -12% to 142M units. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 64%. As a result, the exports reached the peak of 161M units, and then contracted in the following year.
In value terms, electrical capacitors; fixed, aluminium electrolytic exports expanded rapidly to $46M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.3 | 6.3 | 9.0 | 11.9 | 23.6% |
| Germany | 4.1 | 5.0 | 6.5 | 7.9 | 24.4% |
| France | 1.7 | 2.0 | 2.6 | 3.1 | 22.2% |
| United Kingdom | 1.1 | 1.3 | 2.5 | 2.7 | 34.9% |
| Poland | 0.8 | 1.2 | 1.6 | 2.4 | 44.2% |
| Serbia | N/A | N/A | 2.2 | 1.8 | -18.2% |
| Slovakia | 0.8 | 0.9 | 1.3 | 1.5 | 23.3% |
| Spain | 0.6 | 0.9 | 1.1 | 1.4 | 32.6% |
| Romania | 0.8 | 0.6 | 1.3 | 1.2 | 14.5% |
| Slovenia | 1.3 | 1.8 | 1.4 | 1.0 | -8.4% |
| China | 1.0 | 1.6 | 1.7 | 0.9 | -3.5% |
| Hong Kong SAR | 0.4 | 0.6 | 0.8 | 0.6 | 14.5% |
| Hungary | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
| Others | 6.4 | 7.2 | 8.9 | 9.0 | 12.0% |
| Total | 25.8 | 29.9 | 41.2 | 46.0 | 21.3% |
Top Export Markets for Electrical Capacitors; Fixed, Aluminium Electrolytic from Belgium in 2022:
- Italy (24.9M units)
- Germany (16.0M units)
- United Kingdom (14.2M units)
- Serbia (13.9M units)
- France (11.6M units)
- Hungary (5.8M units)
- Romania (5.7M units)
- Poland (5.1M units)
- Slovenia (4.1M units)
- Spain (4.0M units)
- Hong Kong SAR (3.8M units)
- China (3.5M units)
- Slovakia (3.5M units)
Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium
For the fourth year in a row, Belgium recorded growth in overseas purchases of electrical capacitors; fixed, aluminium electrolytics, which increased by 55% to 310M units in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 85%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electrical capacitors; fixed, aluminium electrolytic imports skyrocketed to $47M in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Capacitors; Fixed, Aluminium Electrolytic in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.6 | 8.7 | 13.1 | 18.7 | 35.0% |
| Netherlands | 10.1 | 10.5 | 11.2 | 15.3 | 14.8% |
| Austria | 2.8 | 2.5 | 3.8 | 6.0 | 28.9% |
| Japan | 2.7 | 2.1 | 3.7 | 3.9 | 13.0% |
| China | N/A | 0.1 | 1.0 | 1.9 | 335.9% |
| Malaysia | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
| United Kingdom | 1.1 | 3.0 | N/A | N/A | 172.7% |
| Others | 0.5 | 0.6 | 1.1 | 0.8 | 17.0% |
| Total | 24.8 | 27.7 | 34.1 | 47.1 | 23.8% |
Top Suppliers of Electrical Capacitors; Fixed, Aluminium Electrolytic to Belgium in 2022:
- Netherlands (80.7M units)
- Germany (78.5M units)
- Japan (66.1M units)
- China (34.2M units)
- Austria (33.4M units)
- Malaysia (9.6M units)
- United Kingdom (0.2M units)
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