Plugs and Socket Price in Italy - 2024
Contents:
- Plugs and Socket Price in Italy (CIF) - 2024
- Plugs and Socket Price in Italy (FOB) - 2024
- Plugs and Socket Imports in Italy
- Plugs and Socket Exports in Italy
Plugs and Socket Price in Italy (CIF) - 2024
In August 2023, the average plugs and socket import price amounted to $433 per thousand units, increasing by 3.2% against the previous month. Over the period from February 2023 to August 2023, it increased at an average monthly rate of +4.7%. The most prominent rate of growth was recorded in March 2023 an increase of 37% against the previous month. As a result, import price attained the peak level of $0.5 per unit. From April 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was China ($178 per thousand units), while the price for Albania ($73.0 per thousand units) was amongst the lowest.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+70.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Plugs and Socket Price in Italy (FOB) - 2024
In August 2023, the average plugs and socket export price amounted to $389 per thousand units, increasing by 5.4% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 16% against the previous month. Over the period under review, the average export prices reached the maximum in August 2023.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Turkey ($751 per thousand units), while the average price for exports to the United Arab Emirates ($136 per thousand units) was amongst the lowest.
From February 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plugs and Socket Imports in Italy
Plugs and socket imports into Italy contracted to 1.6B units in 2022, which is down by -5.8% against 2021. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of 1.7B units, and then declined in the following year.
In value terms, plugs and socket imports amounted to $567M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Plugs and Socket in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 131 | 129 | 180 | 195 | 14.2% |
| China | 62.4 | 61.5 | 104 | 96.7 | 15.7% |
| France | 21.6 | 23.9 | 37.6 | 45.2 | 27.9% |
| Netherlands | 19.6 | 22.7 | 33.8 | 39.0 | 25.8% |
| Czech Republic | 8.0 | 12.7 | 29.5 | 31.3 | 57.6% |
| Belgium | 12.1 | 13.2 | 21.9 | 27.2 | 31.0% |
| Romania | 10.3 | 11.1 | 16.9 | 21.0 | 26.8% |
| Poland | 10.9 | 9.2 | 14.8 | 12.9 | 5.8% |
| Tunisia | 6.8 | 4.3 | 7.7 | 7.7 | 4.2% |
| United Kingdom | 27.8 | 19.5 | 8.6 | 7.6 | -35.1% |
| Austria | 3.7 | 3.2 | 5.0 | 7.6 | 27.1% |
| Slovakia | 4.0 | 4.0 | 4.4 | 4.7 | 5.5% |
| Albania | 3.6 | 2.8 | 3.4 | 2.3 | -13.9% |
| Others | 60.5 | 56.8 | 69.9 | 68.2 | 4.1% |
| Total | 382 | 374 | 538 | 567 | 14.1% |
Top Suppliers of Plugs and Socket to Italy in 2022:
- China (433.9M units)
- Germany (400.0M units)
- Romania (129.8M units)
- Belgium (97.5M units)
- France (83.5M units)
- Netherlands (71.1M units)
- Czech Republic (68.6M units)
- Tunisia (47.8M units)
- Slovakia (47.6M units)
- Austria (40.8M units)
- Albania (37.9M units)
- Poland (35.1M units)
- United Kingdom (1.8M units)
Plugs and Socket Exports in Italy
In 2022, exports of electrical plugs and sockets for under 1000 v from Italy dropped to 972M units, remaining constant against 2021 figures. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, the exports reached the peak of 980M units, leveling off in the following year.
In value terms, plugs and socket exports declined to $300M in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $302M, leveling off in the following year.
| Export of Plugs and Socket in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 20.6 | 30.7 | 42.6 | 41.3 | 26.1% |
| France | 29.4 | 25.1 | 26.6 | 26.3 | -3.6% |
| Germany | 28.0 | 26.7 | 27.6 | 21.4 | -8.6% |
| Romania | 13.4 | 14.5 | 18.7 | 19.9 | 14.1% |
| Spain | 13.7 | 11.8 | 16.7 | 17.3 | 8.1% |
| Poland | 8.5 | 6.8 | 10.4 | 16.7 | 25.2% |
| United States | 10.3 | 8.2 | 10.8 | 12.5 | 6.7% |
| United Kingdom | 12.8 | 11.3 | 11.8 | 11.1 | -4.6% |
| Morocco | 8.2 | 7.3 | 8.9 | 10.3 | 7.9% |
| Hungary | 8.7 | 9.2 | 10.7 | 10.3 | 5.8% |
| Tunisia | 6.3 | 5.8 | 8.1 | 7.9 | 7.8% |
| Israel | 7.7 | 4.5 | 6.2 | 5.6 | -10.1% |
| United Arab Emirates | 2.4 | 3.1 | 2.9 | 3.9 | 17.6% |
| Others | 87.7 | 75.8 | 99.7 | 95.8 | 3.0% |
| Total | 258 | 241 | 302 | 300 | 5.2% |
Top Export Markets for Plugs and Socket from Italy in 2022:
- Czech Republic (126.3M units)
- France (122.3M units)
- Romania (88.8M units)
- Germany (52.7M units)
- Spain (51.9M units)
- United Kingdom (39.9M units)
- Hungary (37.7M units)
- Poland (35.9M units)
- Tunisia (35.2M units)
- Israel (27.9M units)
- United States (24.7M units)
- United Arab Emirates (24.3M units)
- Morocco (21.7M units)
516
This report provides an in-depth analysis of the lamp holder market in Italy.
413
This report provides an in-depth analysis of the relay market in Italy.
470
This report provides an in-depth analysis of the electrical circuit apparatus market in Italy.
669
This report provides an in-depth analysis of the circuit breaker market in Italy.
372
This report provides an in-depth analysis of the electrical fuse market in Italy.
988
This report provides an in-depth analysis of the global lamp holder market.
1298
This report provides an in-depth analysis of the global relay market.
1015
This report provides an in-depth analysis of the global electrical circuit apparatus market.
1545
This report provides an in-depth analysis of the global circuit breaker market.
1026
This report provides an in-depth analysis of the global electrical fuse market.
377
In January 2023, the circuit breaker price stood at $13.8 per unit (FOB, Italy), leveling off at the previous month.
107
Explore the top import markets for lamp holders in 2023, including Germany, United States, Taiwan, and others. Discover key statistics and trends in the global market.
738
In value terms, portable and electric lamps imports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value decreased at an average annual rat...
791
In value terms, portable and electric lamps exports stood at $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value decreased at an average annual rate of -X>
716
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
842
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
57
Explore the top import markets for relay products across the globe, including the United States, Germany, China, and more. Learn about the key statistics and trends shaping the global relay industry.
915
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
1238
In value terms, electrical machines and apparatus imports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rat...
1002
In value terms, electrical apparatus exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
