France: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in France

The French electrical signalling apparatus market expanded notably to $X in 2022, increasing by 12% against the previous year. Over the period under review, consumption, however, saw a resilient increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Electrical Signalling Apparatus Production in France

In value terms, electrical signalling apparatus production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 23%. Electrical signalling apparatus production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Electrical Signalling Apparatus Exports

Exports from France

In 2022, approx. X units of electrical apparatus for sound or visual signalling were exported from France; jumping by 53% against 2021. In general, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical signalling apparatus exports skyrocketed to $X in 2022. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Italy (X units), Spain (X units) and Germany (X units) were the main destinations of electrical signalling apparatus exports from France, together accounting for 35% of total exports. Austria, Singapore, Poland, Switzerland, the UK, Romania, the Netherlands, Hungary, Canada and Sweden lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +64.9%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Austria ($X) constituted the largest markets for electrical signalling apparatus exported from France worldwide, with a combined 38% share of total exports.

Austria, with a CAGR of +63.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electrical signalling apparatus export price amounted to $X per unit, rising by 4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into France

In 2022, purchases abroad of electrical apparatus for sound or visual signalling increased by 30% to X units, rising for the fourth consecutive year after five years of decline. In general, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% 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 +91.6% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical signalling apparatus imports soared to $X in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest electrical signalling apparatus supplier to France, accounting for a 33% share of total imports. Moreover, electrical signalling apparatus imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by the Netherlands (X units), with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.2% per year) and the Netherlands (+37.4% per year).

In value terms, the largest electrical signalling apparatus suppliers to France were China ($X), Spain ($X) and Germany ($X), with a combined 58% share of total imports. Sweden, the United States, the Netherlands, Vietnam, Belgium, Indonesia, Italy, Poland and Tunisia lagged somewhat behind, together comprising a further 38%.

Vietnam, with a CAGR of +166.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical signalling apparatus import price stood at $X per unit in 2022, rising by 23% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 +110.3% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 37% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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