United Kingdom: Electrical Signalling Apparatus Market 2025

Electrical Signalling Apparatus Market Size in the UK

In 2022, the UK electrical signalling apparatus market increased by 39% to $X, rising for the fifth consecutive year after three years of decline. Overall, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +67.4% against 2017 indices. Electrical signalling apparatus consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Electrical Signalling Apparatus Production in the UK

In value terms, electrical signalling apparatus production shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 17% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Electrical Signalling Apparatus Exports

Exports from the UK

In 2022, shipments abroad of electrical apparatus for sound or visual signalling decreased by -23.9% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, electrical signalling apparatus exports contracted to $X in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), the United States (X units) and the Netherlands (X units) were the main destinations of electrical signalling apparatus exports from the UK, together comprising 38% of total exports. Ireland, the United Arab Emirates, Italy, France, India, Denmark, Singapore, China, Poland and Saudi Arabia lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +3.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the largest markets for electrical signalling apparatus exported from the UK worldwide, with a combined 43% share of total exports. Italy, the Netherlands, Ireland, the United Arab Emirates, Singapore, India, Denmark, Poland, Saudi Arabia and China lagged somewhat behind, together comprising a further 30%.

In terms of the main countries of destination, Poland, with a CAGR of +6.7%, recorded the highest rates of growth with regard to 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

In 2022, the average electrical signalling apparatus export price amounted to $X per unit, rising by 16% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 export price increased by +93.5% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to China ($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 Ireland (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into the UK

Electrical signalling apparatus imports into the UK expanded slightly to X units in 2022, growing by 4.8% against the previous year. Over the period under review, imports, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2014 when imports increased by 62% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electrical signalling apparatus imports soared to $X in 2022. In general, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +126.6% against 2018 indices. As a result, imports reached 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 the UK, accounting for a 62% share of total imports. Moreover, electrical signalling apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was held by Germany (X units), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.9% per year) and Germany (-2.9% per year).

In value terms, the largest electrical signalling apparatus suppliers to the UK were China ($X), the United States ($X) and Germany ($X), together comprising 75% of total imports. Vietnam, Romania, Taiwan (Chinese), Hong Kong SAR, Malaysia and India lagged somewhat behind, together accounting for a further 10%.

Vietnam, with a CAGR of +119.2%, recorded the highest growth rate of 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, with an increase of 36% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 63%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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