Europe: Telecommunications Instrument Market 2024

Telecommunications Instrument Market Size in Europe

The Europe telecommunications instrument market skyrocketed to $X in 2022, jumping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Telecommunications Instrument Production in Europe

In value terms, telecommunications instrument production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level in 2022 and is likely to continue growth in years to come.

Telecommunications Instrument Exports

Exports in Europe

Telecommunications instrument exports stood at X units in 2022, approximately reflecting the year before. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; afterwards, it flattened through to 2022.

In value terms, telecommunications instrument exports contracted to $X in 2022. Over the period under review, exports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of telecommunications instruments, namely Germany, the UK and France, represented more than half of total export. The Netherlands (X units) ranks next in terms of the total exports with a X% share, followed by Finland (X%). Switzerland (X units), Belgium (X units), the Czech Republic (X units), Austria (X units), Italy (X units), Spain (X units), Sweden (X units) and Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest telecommunications instrument supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

In Germany, telecommunications instrument exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (X% per year) and Switzerland (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a slight setback. The pace of growth was the most pronounced in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, 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.

Telecommunications Instrument Imports

Imports in Europe

In 2022, approx. X units of telecommunications instruments were imported in Europe; which is down by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped modestly in the following year.

In value terms, telecommunications instrument imports reached $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the UK (X units), distantly followed by Spain (X units), Germany (X units), France (X units) and the Netherlands (X units) were the largest importers of telecommunications instruments, together constituting X% of total imports. Finland (X units), Belgium (X units), Austria (X units), Italy (X units), Hungary (X units), Sweden (X units), Poland (X units) and Switzerland (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constitutes the largest market for imported telecommunications instruments in Europe, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by France, with an X% share.

In the UK, telecommunications instrument imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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