Europe: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Europe

In 2021, the Europe remote control apparatus market increased by 7.7% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked in 2021 and is likely to see gradual growth in the near future.

Remote Control Apparatus Production in Europe

In value terms, remote control apparatus production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, production reached the peak level of $X, and then declined in the following year.

Remote Control Apparatus Exports

Exports in Europe

For the third consecutive year, Europe recorded growth in shipments abroad of radio remote control apparatus, which increased by 14% to X tons in 2021. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.4% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, remote control apparatus exports skyrocketed to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.0% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) and Germany (X tons) represented roughly 39% of total exports in 2021. Austria (X tons) took the next position in the ranking, followed by Italy (X tons), France (X tons) and Spain (X tons). All these countries together took approx. 28% share of total exports. The Czech Republic (X tons), Poland (X tons), the UK (X tons), Portugal (X tons), Hungary (X tons), Sweden (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Portugal (with a CAGR of +29.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest remote control apparatus supplier in Europe, comprising 38% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total exports. It was followed by Italy, with a 7.5% share.

In Germany, remote control apparatus exports increased at an average annual rate of +3.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+30.3% per year) and Italy (+9.0% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, with an increase of 4.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 9.3%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.1%), while the other leaders experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports in Europe

In 2021, remote control apparatus imports in Europe surged to X tons, rising by 33% against the previous year's figure. In general, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, remote control apparatus imports surged to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.8% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the eight major importers of radio remote control apparatus, namely Germany, the Netherlands, France, the UK, Spain, Austria, Belgium and Poland, represented more than two-thirds of total import. The following importers - the Czech Republic (X tons), Russia (X tons), Portugal (X tons), Italy (X tons) and Sweden (X tons) - together made up 13% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +28.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, together accounting for 42% of total imports.

The Netherlands, with a CAGR of +25.1%, saw 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

The import price in Europe stood at $X per ton in 2021, with a decrease of -7.8% against the previous year. Overall, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by 13% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sweden ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform