EU: Telecommunications Instrument Market 2024

Telecommunications Instrument Market Size in the EU

The EU telecommunications instrument market reached $X in 2021, standing approx. at the previous year. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to continue growth in the immediate term.

Telecommunications Instrument Production in the EU

In value terms, telecommunications instrument production shrank modestly to $X in 2021 estimated in export price. The total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +56.0% against 2015 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 18%. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Telecommunications Instrument Exports

Exports in the EU

After four years of growth, overseas shipments of telecommunications instruments decreased by -3.6% to X units in 2021. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 14%. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, telecommunications instrument exports fell modestly to $X in 2021. Over the period under review, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 19%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Germany (X units) and France (X units) represented the major exporters of telecommunications instruments in the European Union, together committing 58% of total exports. It was distantly followed by the Netherlands (X units), comprising a 13% share of total exports. Sweden (X units), Italy (X units), the Czech Republic (X units), Belgium (X units), Spain (X units), Austria (X units) and Finland (X units) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +13.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest telecommunications instrument supplier in the European Union, comprising 63% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 8.8% share of total exports. It was followed by France, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at -3.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+17.9% per year) and France (-2.6% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, increasing by 3.6% against the previous year. In general, the export price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2019 when the export price increased by 8.7% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+6.8%), while the other leaders experienced more modest paces of growth.

Telecommunications Instrument Imports

Imports in the EU

In 2021, the amount of telecommunications instruments imported in the European Union stood at X units, picking up by 8.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 16%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, telecommunications instrument imports surged to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X units) and France (X units) were the main importers of telecommunications instruments in the European Union, together reaching approx. 43% of total imports. It was distantly followed by Germany (X units), Italy (X units), Spain (X units) and Belgium (X units), together making up a 34% share of total imports. The following importers - Poland (X units), Austria (X units), Finland (X units), Greece (X units), Ireland (X units) and Sweden (X units) - together made up 15% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Greece (with a CAGR of +13.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2021, with a combined 43% share of total imports. Finland, Italy, Belgium, Sweden, Spain, Austria, Poland, Ireland and Greece lagged somewhat behind, together comprising a further 48%.

In terms of the main importing countries, Austria, with a CAGR of +12.5%, saw the highest growth rate of 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 in the European Union stood at $X per unit in 2021, picking up by 9.7% against the previous year. In general, the import price recorded modest growth. The growth pace was the most rapid in 2020 an increase of 10% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Finland ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+11.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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