Europe: Resistor Market 2024

Resistor Market Size in Europe

After five years of growth, the Europe resistor market decreased by X% to $X in 2022. Over the period under review, consumption enjoyed a resilient expansion. The level of consumption peaked at $X in 2021, and then dropped in the following year.

Resistor Production in Europe

In value terms, resistor production contracted sharply to $X in 2022 estimated in export price. Overall, production saw a resilient expansion. The growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Resistor Exports

Exports in Europe

In 2022, the amount of electrical resistors (except heating resistors) exported in Europe shrank to X units, waning by X% against 2021 figures. The total export volume 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 pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then declined in the following year.

In value terms, resistor exports shrank to $X in 2022. The total export 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 pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

Germany was the key exporter of electrical resistors (except heating resistors) in Europe, with the volume of exports finishing at X units, which was near X% of total exports in 2022. Belgium (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%), France (X%), the Czech Republic (X%), the UK (X%), Hungary (X%) and Austria (X%).

From 2012 to 2022, average annual rates of growth with regard to resistor exports from Germany stood at X%. 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 Europe, with a CAGR of X% from 2012-2022. Hungary, the Netherlands and Austria experienced a relatively flat trend pattern. By contrast, the UK (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Belgium and France 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 ($X) remains the largest resistor supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with an 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 amounted to 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

In 2022, the export price in Europe amounted to $X per thousand units, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per thousand units in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 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 the UK (X%), while the other leaders experienced more modest paces of growth.

Resistor Imports

Imports in Europe

In 2022, overseas purchases of electrical resistors (except heating resistors) decreased by X% to X units, falling for the fifth year in a row after two years of growth. Total imports indicated a notable increase 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 most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, resistor imports fell modestly to $X in 2022. The total import 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced modestly in the following year.

Imports by Country

Hungary represented the key importing country with an import of about X units, which reached X% of total imports. Germany (X units) ranks second in terms of the total imports with a X% share, followed by France (X%). Romania (X units), Spain (X units), the Czech Republic (X units), the UK (X units), Poland (X units), Italy (X units) and Slovakia (X units) held a little share of total imports.

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 Europe, with a CAGR of X% from 2012-2022. By contrast, the UK (X%) illustrated a downward trend over the same period. 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 the UK (X p.p.) and Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

The import price in Europe stood at $X per thousand units in 2022, approximately equating the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: 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 the UK (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform