Europe: Market for Wiring sets used in vehicles, aircraft or ships 2025

Market Size for Wiring sets used in vehicles, aircraft or ships in Europe

The Europe market for wiring sets used in vehicles, aircraft or ships reached $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Wiring sets used in vehicles, aircraft or ships in Europe

In value terms, production of wiring sets used in vehicles, aircraft or ships reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 17%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports in Europe

In 2022, shipments abroad of wiring sets used in vehicles, aircraft or ships was finally on the rise to reach X tons after three years of decline. The total export volume increased at an average annual rate of +2.7% 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 2015 with an increase of 9.8% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships reached $X in 2022. The total export value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by 14%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

In 2022, Romania (X tons), the Czech Republic (X tons), Serbia (X tons), Germany (X tons), Ukraine (X tons), Poland (X tons), Spain (X tons), Slovakia (X tons), Hungary (X tons), Bulgaria (X tons), North Macedonia (X tons) and France (X tons) represented the key exporter of wiring sets used in vehicles, aircraft or ships in Europe, comprising 90% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by North Macedonia (with a CAGR of +267.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wiring sets used in vehicles, aircraft or ships supplying countries in Europe were Romania ($X), Germany ($X) and Serbia ($X), together comprising 37% of total exports. The Czech Republic, Ukraine, Poland, Slovakia, Hungary, Spain, North Macedonia, France and Bulgaria lagged somewhat behind, together accounting for a further 50%.

Among the main exporting countries, North Macedonia, with a CAGR of +253.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, shrinking by -7.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2021 when the export price increased by 13% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+4.7%), while the other leaders experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports in Europe

In 2022, approx. X tons of wiring sets used in vehicles, aircraft or ships were imported in Europe; surging by 8.8% compared with 2021. The total import volume increased at an average annual rate of +4.2% over the period 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 2014 with an increase of 10%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of wiring sets used in vehicles, aircraft or ships amounted to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value 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 +14.8% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 17%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by Spain (X tons), the Czech Republic (X tons), France (X tons), Slovakia (X tons), the UK (X tons), Hungary (X tons) and Italy (X tons) were the largest importers of wiring sets used in vehicles, aircraft or ships, together comprising 82% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported wiring sets used in vehicles, aircraft or ships in Europe, comprising 27% of total imports. The second position in the ranking was held by Spain ($X), with an 11% share of total imports. It was followed by the Czech Republic, with a 9.1% share.

In Germany, imports of wiring sets used in vehicles, aircraft or ships expanded at an average annual rate of +2.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (+8.3% per year) and the Czech Republic (+7.9% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, which is down by -6.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 11%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Slovakia ($X per ton) and the UK ($X per ton), while Spain ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform