EU: Electrical Circuit Apparatus Market 2024

Electrical Circuit Apparatus Market Size in the EU

The EU electrical circuit apparatus market surged to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electrical Circuit Apparatus Production in the EU

In value terms, electrical circuit apparatus production reached $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Electrical Circuit Apparatus Exports

Exports in the EU

In 2021, after three years of decline, there was significant growth in shipments abroad of electrical apparatus for circuit connection, switching and protection, when their volume increased by X% to X units. The total export volume increased at an average annual rate of X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany was the main exporting country with an export of around X units, which recorded X% of total exports. France (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), the Czech Republic (X%), Spain (X%), the Netherlands (X%), Poland (X%) and Hungary (X%). Austria (X units), Belgium (X units), Romania (X units), Sweden (X units) and Bulgaria (X units) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2021. At the same time, Bulgaria (X%), Romania (X%), Poland (X%), Belgium (X%), Austria (X%), Hungary (X%), Spain (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2021. Italy experienced a relatively flat trend pattern. By contrast, France (X%), the Czech Republic (X%) and Sweden (X%) illustrated a downward trend over the same period. Germany (X p.p.) significantly strengthened its position in terms of the total exports, while France and the Czech Republic saw its share reduced by X% and X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electrical circuit apparatus supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

In Germany, electrical circuit apparatus exports increased at an average annual rate of X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, 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.

Electrical Circuit Apparatus Imports

Imports in the EU

In 2021, the amount of electrical apparatus for circuit connection, switching and protection imported in the European Union soared to X units, growing by X% against 2020. The total import volume increased at an average annual rate of X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus imports soared to $X in 2021. The total import value increased at an average annual rate of X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units) and Hungary (X units) were the major importers of electrical apparatus for circuit connection, switching and protection in 2021, resulting at near X% and X% of total imports, respectively. France (X units) held the next position in the ranking, followed by Belgium (X units), Italy (X units), Spain (X units), the Czech Republic (X units), the Netherlands (X units) and Poland (X units). All these countries together took approx. X% share of total imports. Romania (X units), Austria (X units), Bulgaria (X units) and Slovakia (X units) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported electrical apparatus for circuit connection, switching and protection in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany stood at X%. In the other countries, the average annual rates were as follows: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, 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

Frequently Asked Questions (FAQ) :