EU: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in the EU

In 2020, the EU market for instrument panel and wall clocks decreased by -X% to $X, falling for the third year in a row after two years of growth. Overall, consumption saw a perceptible reduction. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Production of Instrument Panel And Wall Clocks in the EU

In value terms, instrument panel and wall clock production expanded markedly to $X in 2020 estimated in export prices. Over the period under review, production saw a mild decrease. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in the EU

Romania (X tons) remains the largest instrument panel and wall clock producing country in the European Union, accounting for X% of total volume. Moreover, instrument panel and wall clock production in Romania exceeded the figures recorded by the second-largest producer, Germany (X tons), fourfold. Spain (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Romania stood at +X%. In the other countries, the average annual rates were as follows: Germany (-X% per year) and Spain (+X% per year).

Exports of Instrument Panel And Wall Clocks

Exports in the EU

In 2020, approx. X tons of instrument panel and wall clocks were exported in the European Union; growing by X% against 2019. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. The volume of export peaked in 2020 and is expected to retain growth in the near future.

In value terms, instrument panel and wall clock exports fell to $X in 2020. Overall, exports saw mild growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2019, and then reduced in the following year.

Exports by Country

The Netherlands (X tons) and Germany (X tons) represented the main exporters of instrument panel and wall clocks in 2020, reaching near X% and X% of total exports, respectively. It was distantly followed by France (X tons), Belgium (X tons) and Poland (X tons), together creating a X% share of total exports. Romania (X tons), Spain (X tons), the Czech Republic (X tons), Austria (X tons) and Sweden (X tons) occupied a little share of total exports.

From 2007 to 2020, the biggest increases were in Romania, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of total exports. These countries were followed by Romania, Poland, Belgium, Spain, the Czech Republic, Sweden and Austria, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the export price for instrument panel and wall clocks in the European Union amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price saw a mild reduction. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Romania ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports in the EU

In 2020, overseas purchases of instrument panel and wall clocks decreased by -X% to X tons, falling for the second year in a row after three years of growth. In general, imports recorded a perceptible decline. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The volume of import peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, instrument panel and wall clock imports declined rapidly to $X in 2020. Overall, imports saw a slight descent. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

The purchases of the three major importers of instrument panel and wall clocks, namely Germany, France and the Netherlands, represented more than half of total import. It was distantly followed by Poland (X tons), Belgium (X tons), Italy (X tons) and Spain (X tons), together constituting a X% share of total imports. The following importers - Hungary (X tons), Austria (X tons), Greece (X tons), the Czech Republic (X tons), Romania (X tons) and Sweden (X tons) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2020, together comprising X% of total imports. These countries were followed by Poland, Italy, Spain, Belgium, Austria, Sweden, the Czech Republic, Hungary, Romania and Greece, which together accounted for a further X terms of the main importing countries, Poland saw the highest rates of growth with regard to 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

The import price for instrument panel and wall clocks in the European Union stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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