EU - Relays - Market Analysis, Forecast, Size, Trends and Insights
Relay Market - Portugal Tops the List of EU Relay Manufacturers
From 2007 to 2014, EU production on the relay market showed mixed dynamics, finally falling from 882 million units in 2007 to 721 million units in 2014. It dropped with a CAGR of -2.8% over the period under review. In value terms, EU relay production reached 3,033 million EUR in 2014, growing by +6.8% annually.
Portugal was the largest producer of relays in absolute volumes, with 247 million units. It was followed by France (65 million units) and Italy (61 million units).
Positive dynamics in relay production among the main producing countries from 2007 to 2014 were recorded in Italy (+6.7% per year) and Portugal (+2.7% per year), while for France (-9.6% per year) the pace of growth was negative.
Portugal dominated in EU relay production and ranked fourth in trade. In 2014, it exported 3% of its total relay output. Of this amount, 18% was supplied to Germany, where Portugal's relays held a 8% share of total Germany's imports.
Do you want to know more about the EU relay market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- relay market share
- relay prices
- relay industry
- relay sales
- relay market forecast
- relay price forecast
- key relay producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the relay market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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