Europe: Electrical Signalling Apparatus Market 2025

Electrical Signalling Apparatus Market Size in Europe

The Europe electrical signalling apparatus market surged to $X in 2022, rising by 29% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in years to come.

Electrical Signalling Apparatus Production in Europe

In value terms, electrical signalling apparatus production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% 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 18% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Electrical Signalling Apparatus Exports

Exports in Europe

In 2022, shipments abroad of electrical apparatus for sound or visual signalling decreased by -8.5% to X units, falling for the second year in a row after three years of growth. Total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electrical signalling apparatus exports declined to $X in 2022. Total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 52% against the previous year. As a result, the exports attained the peak of $X; afterwards, it flattened through to 2022.

Exports by Country

Germany (X units), France (X units) and the Netherlands (X units) represented roughly 53% of total exports in 2022. Sweden (X units) took the next position in the ranking, followed by Belgium (X units). All these countries together held near 11% share of total exports. Slovenia (X units), the UK (X units), Poland (X units), Spain (X units), Italy (X units), Austria (X units), the Czech Republic (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +15.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, with a combined 60% share of total exports. Sweden, the UK, Belgium, Slovenia, Austria, the Czech Republic, Italy, Poland, Spain and Hungary lagged somewhat behind, together comprising a further 30%.

Slovenia, with a CAGR of +22.3%, saw the highest growth rate of the value of exports, among 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 2022, the export price in Europe amounted to $X per unit, rising by 8.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 23%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.6%), while the other leaders experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports in Europe

In 2022, supplies from abroad of electrical apparatus for sound or visual signalling increased by 10% to X units, rising for the fourth consecutive year after four years of decline. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +79.3% against 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, electrical signalling apparatus imports skyrocketed to $X in 2022. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of electrical signalling apparatus imports in 2022 were Germany (X units), the Netherlands (X units) and France (X units), together amounting to 47% of total import. It was distantly followed by the UK (X units), Sweden (X units) and Slovakia (X units), together comprising a 22% share of total imports. The following importers - Italy (X units), Russia (X units), Spain (X units), Austria (X units), Poland (X units), Hungary (X units) and Belgium (X units) - together made up 19% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +38.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical signalling apparatus importing markets in Europe were Germany ($X), France ($X) and the Netherlands ($X), with a combined 62% share of total imports.

The Netherlands, with a CAGR of +26.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, increasing by 16% against the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical signalling apparatus import price increased by +80.9% against 2014 indices. The most prominent rate of growth was recorded in 2016 an increase of 21%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while Slovakia ($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 UK (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform