Italy: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Italy

In 2021, the Italian remote control apparatus market increased by 20% to $X, rising for the seventh consecutive year after two years of decline. In general, consumption, however, showed a modest expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Remote Control Apparatus Production in Italy

In value terms, remote control apparatus production surged to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 55%. Remote control apparatus production peaked in 2021 and is likely to continue growth in the near future.

Remote Control Apparatus Exports

Exports from Italy

In 2021, the amount of radio remote control apparatus exported from Italy rose slightly to X tons, growing by 4% compared with 2020. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 92%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, remote control apparatus exports surged to $X in 2021. In general, exports posted strong growth. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

France (X tons), the UK (X tons) and Spain (X tons) were the main destinations of remote control apparatus exports from Italy, with a combined 46% share of total exports. The United States, Germany, Poland, the Netherlands, Belgium, Serbia, Turkey, Slovenia, Austria and Portugal lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +63.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for radio remote control apparatus exports from Italy, comprising 21% of total exports. The second position in the ranking was taken by Germany ($X), with an 8.6% share of total exports. It was followed by Spain, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+12.9% per year) and Spain (+8.8% per year).

Export Prices by Country

In 2021, the average remote control apparatus export price amounted to $X per ton, increasing by 23% against the previous year. In general, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports into Italy

In 2021, the amount of radio remote control apparatus imported into Italy surged to X tons, increasing by 48% compared with 2020. Overall, total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.4% against 2019 indices. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, remote control apparatus imports surged to $X in 2021. In general, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Sweden (X tons) and Morocco (X tons) were the main suppliers of remote control apparatus imports to Italy, with a combined 48% share of total imports. The Netherlands, Germany, Ukraine, Spain, France, the Czech Republic, Malta, Tunisia, Poland and Greece lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +89.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Sweden ($X) and Germany ($X) were the largest remote control apparatus suppliers to Italy, with a combined 55% share of total imports. China, the Netherlands, the Czech Republic, France, Malta, Spain, Poland, Tunisia, Ukraine and Greece lagged somewhat behind, together accounting for a further 34%.

Among the main suppliers, the Czech Republic, with a CAGR of +90.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average remote control apparatus import price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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