EU: Resistor Market 2024

Resistor Market Size in the EU

The EU resistor market rose to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate measured growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Resistor Production in the EU

In value terms, resistor production contracted sharply to $X in 2022 estimated in export price. Over the period under review, production posted a temperate increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Resistor Exports

Exports in the EU

In 2022, after two years of growth, there was significant decline in shipments abroad of electrical resistors (except heating resistors), when their volume decreased by X% to X units. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then fell in the following year.

In value terms, resistor exports contracted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

In 2022, Germany (X units) represented the major exporter of electrical resistors (except heating resistors), committing X% of total exports. Belgium (X units) took the second position in the ranking, followed by the Netherlands (X units), France (X units), the Czech Republic (X units), Hungary (X units) and Austria (X units). All these countries together held near X% share of total exports.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%), France (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Hungary, the Netherlands and Austria experienced a relatively flat trend pattern. From 2012 to 2022, the share of Belgium, France and Germany increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest resistor supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at X%. In the other countries, the average annual rates were as follows: Austria (X% per year) and France (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per thousand units in 2022, growing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked at $X per thousand units in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per thousand units), while Belgium ($X per thousand units) was amongst the lowest.

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

Resistor Imports

Imports in the EU

In 2022, overseas purchases of electrical resistors (except heating resistors) decreased by X% to X units, falling for the fifth consecutive year after two years of growth. Total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, resistor imports reduced modestly to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then reduced slightly in the following year.

Imports by Country

Hungary was the largest importer of electrical resistors (except heating resistors) in the European Union, with the volume of imports finishing at X units, which was near X% of total imports in 2022. Germany (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%). Romania (X units), Spain (X units), the Czech Republic (X units), Poland (X units), Italy (X units) and Slovakia (X units) followed a long way behind the leaders.

Imports into Hungary increased at an average annual rate of X% from 2012 to 2022. At the same time, Spain (X%), Poland (X%), France (X%), Germany (X%), the Czech Republic (X%), Italy (X%), Slovakia (X%) and Romania (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. While the share of France (X p.p.), Germany (X p.p.) and Spain (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported electrical resistors (except heating resistors) in the European Union, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at X%. In the other countries, the average annual rates were as follows: France (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per thousand units, remaining stable against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per thousand units, leveling off in the following year.

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 Germany ($X per thousand units), while Hungary ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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