EU: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in the EU

In 2023, the EU electrical signalling apparatus market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, recorded a resilient increase. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Electrical Signalling Apparatus Production in the EU

In value terms, electrical signalling apparatus production fell dramatically to $X in 2023 estimated in export price. Over the period under review, production, however, showed a mild increase. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports in the EU

In 2023, electrical signalling apparatus exports in the European Union surged to X units, increasing by X% on the year before. Overall, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical signalling apparatus exports skyrocketed to $X in 2023. In general, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, the Netherlands (X units), distantly followed by France (X units), Germany (X units) and Sweden (X units) were the main exporters of electrical apparatus for sound or visual signalling, together committing X% of total exports. The following exporters - Belgium (X units), Poland (X units), Spain (X units) and Romania (X units) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical signalling apparatus supplying countries in the European Union were the Netherlands ($X), France ($X) and Germany ($X), with a combined X% share of total exports.

Among the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of 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 2023, the export price in the European Union amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2023 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports in the EU

Electrical signalling apparatus imports skyrocketed to X units in 2023, jumping by X% on the previous year. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, electrical signalling apparatus imports soared to $X in 2023. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are likely to see steady growth in the near future.

Imports by Country

France (X units) and the Netherlands (X units) represented roughly X% of total imports in 2023. The Czech Republic (X units) held the next position in the ranking, followed by Germany (X units) and Italy (X units). All these countries together took near X% share of total imports. The following importers - Sweden (X units), Slovakia (X units), Belgium (X units), Austria (X units), Spain (X units), Poland (X units) and Romania (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical signalling apparatus importing markets in the European Union were France ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total imports.

Among the main importing countries, the Netherlands, with a CAGR of X%, saw 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 2023, the import price in the European Union amounted to $X per unit, picking up by X% against the previous year. Import price indicated strong growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, electrical signalling apparatus import price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform