Italy - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Italy - 2023
Contents:
- Relay Price in Italy (CIF) - 2023
- Relay Price in Italy (FOB) - 2023
- Relay Imports in Italy
- Relay Exports in Italy
Relay Price in Italy (CIF) - 2023
The average relay import price stood at $2.4 per unit in August 2023, waning by -6.3% against the previous month. In general, import price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.8% 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, relay import price decreased by -22.2% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 33% against the previous month. The import price peaked at $3.1 per unit in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($7.3 per unit), while the price for Indonesia ($772 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 Sweden (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Italy (FOB) - 2023
In August 2023, the average relay export price amounted to $3.0 per unit, shrinking by -13.8% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 194% m-o-m. Over the period under review, the average export prices reached the maximum at $3.8 per unit in November 2022; however, from December 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Greece ($10.8 per unit), while the average price for exports to Morocco ($703 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 Greece (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Relay Imports in Italy
In 2022, the amount of relays imported into Italy soared to 172M units, picking up by 40% compared with 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, relay imports surged to $399M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Relay in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 116 | 107 | 141 | 163 | 12.0% |
| France | 25.2 | 21.9 | 33.7 | 50.4 | 26.0% |
| Netherlands | 31.0 | 28.0 | 44.1 | 41.4 | 10.1% |
| China | 9.4 | 9.5 | 20.6 | 27.9 | 43.7% |
| Sweden | 9.7 | 10.3 | 11.1 | 18.1 | 23.1% |
| Spain | 16.3 | 14.9 | 16.7 | 17.3 | 2.0% |
| Portugal | 1.4 | 6.0 | 7.8 | 9.7 | 90.6% |
| Poland | 2.7 | 3.5 | 3.7 | 8.2 | 44.8% |
| Bulgaria | 1.0 | 0.8 | 3.1 | 8.1 | 100.8% |
| United Kingdom | 9.1 | 6.1 | 4.2 | 4.5 | -20.9% |
| Tunisia | 4.9 | 2.1 | 1.7 | 2.4 | -21.2% |
| Hungary | 0.4 | 3.5 | 0.8 | 0.5 | 7.7% |
| Others | 29.7 | 28.2 | 40.0 | 46.5 | 16.1% |
| Total | 257 | 242 | 329 | 399 | 15.8% |
Top Suppliers of Relay to Italy in 2022:
- Germany (61.8M units)
- France (29.3M units)
- Netherlands (18.3M units)
- China (15.8M units)
- Sweden (11.3M units)
- Portugal (5.0M units)
- Spain (3.7M units)
- Poland (3.6M units)
- Bulgaria (3.0M units)
- Hungary (2.6M units)
- Tunisia (2.2M units)
- United Kingdom (1.5M units)
Relay Exports in Italy
Relay exports from Italy rose markedly to 64M units in 2022, growing by 6% compared with the year before. In general, exports recorded a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, relay exports expanded to $211M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Relay in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.3 | 37.9 | 36.4 | 37.8 | 10.1% |
| France | 15.6 | 14.4 | 19.2 | 20.4 | 9.4% |
| United States | 14.1 | 13.6 | 18.9 | 18.1 | 8.7% |
| Spain | 8.2 | 11.4 | 14.2 | 14.6 | 21.2% |
| Brazil | 4.0 | 4.1 | 5.2 | 7.1 | 21.1% |
| Turkey | 4.6 | 4.6 | 5.0 | 6.3 | 11.1% |
| Morocco | 7.6 | 5.8 | 6.3 | 6.3 | -6.1% |
| Tunisia | 5.3 | 3.6 | 3.7 | 4.4 | -6.0% |
| Croatia | 3.3 | 3.1 | 3.7 | 4.1 | 7.5% |
| China | 3.7 | 5.3 | 6.0 | 4.0 | 2.6% |
| Austria | 2.6 | 2.2 | 3.0 | 3.8 | 13.5% |
| Romania | 3.4 | 3.4 | 4.0 | 3.0 | -4.1% |
| Bulgaria | 0.4 | 0.6 | 1.2 | 1.4 | 51.8% |
| Others | 64.7 | 59.3 | 74.8 | 79.4 | 7.1% |
| Total | 166 | 169 | 202 | 211 | 8.3% |
Top Export Markets for Relay from Italy in 2022:
- Morocco (8.5M units)
- Germany (7.9M units)
- Croatia (5.0M units)
- Brazil (4.7M units)
- Tunisia (4.5M units)
- France (4.4M units)
- Spain (3.7M units)
- United States (2.8M units)
- Austria (2.1M units)
- Romania (1.4M units)
- Bulgaria (1.2M units)
- Turkey (1.1M units)
- China (1.1M units)
This report provides an in-depth analysis of the relay market in Italy. 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 2030.
Product coverage:
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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