Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy (FOB) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy (CIF) - 2022
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $68 per thousand units, surging by 6.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($118 per thousand units), while the average price for exports to Romania ($38 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $79 per thousand units in 2022, growing by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2018 an increase of 29%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($173 per thousand units), while the price for Turkey ($22 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy
Exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Italy reduced to 16B units in 2022, which is down by -13.5% on 2021. Over the period under review, exports saw a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports attained the peak of 19B units, and then fell in the following year.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment dropped to $1.1B in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of $1.2B, and then contracted in the following year.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 165 | 137 | 160 | 152 | -2.7% |
| United States | 90.2 | 77.6 | 98.5 | 76.2 | -5.5% |
| China | 48.0 | 64.0 | 107 | 64.4 | 10.3% |
| France | 55.3 | 48.1 | 63.7 | 56.9 | 1.0% |
| Czech Republic | 17.7 | 21.4 | 27.1 | 51.5 | 42.8% |
| Poland | 35.7 | 33.9 | 47.8 | 47.2 | 9.8% |
| Slovakia | 37.9 | 37.9 | 48.7 | 46.7 | 7.2% |
| Romania | 34.8 | 34.1 | 48.4 | 44.7 | 8.7% |
| United Kingdom | 41.2 | 37.1 | 46.2 | 41.5 | 0.2% |
| Tunisia | 35.1 | 34.8 | 41.9 | 41.2 | 5.5% |
| Spain | 40.8 | 33.9 | 42.2 | 40.8 | 0.0% |
| Switzerland | 32.1 | 25.7 | 31.8 | 32.8 | 0.7% |
| Hungary | 22.1 | 18.8 | 24.9 | 22.3 | 0.3% |
| Others | 326 | 340 | 394 | 370 | 4.3% |
| Total | 983 | 945 | 1,182 | 1,088 | 3.4% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Italy in 2022:
- Germany (2.1B units)
- Romania (1.2B units)
- Poland (0.9B units)
- Slovakia (0.9B units)
- Tunisia (0.8B units)
- Czech Republic (0.7B units)
- France (0.7B units)
- Spain (0.7B units)
- United States (0.6B units)
- Switzerland (0.6B units)
- United Kingdom (0.5B units)
- China (0.5B units)
- Hungary (0.4B units)
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy
In 2022, approx. 9.9B units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were imported into Italy; dropping by -20.3% against 2021. In general, imports showed a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of 12B units, and then contracted rapidly in the following year.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment contracted slightly to $787M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $801M, and then shrank modestly in the following year.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 212 | 191 | 286 | 299 | 12.1% |
| France | 69.6 | 73.6 | 96.7 | 95.4 | 11.1% |
| China | 55.8 | 52.3 | 80.1 | 74.9 | 10.3% |
| Netherlands | 37.8 | 36.0 | 59.6 | 50.5 | 10.1% |
| Tunisia | 10.5 | 9.8 | 14.2 | 19.1 | 22.1% |
| Austria | 11.2 | 8.5 | 18.3 | 17.6 | 16.3% |
| Romania | 11.5 | 12.7 | 15.3 | 17.3 | 14.6% |
| Belgium | 9.5 | 10.4 | 16.9 | 17.1 | 21.6% |
| Turkey | 6.0 | 7.1 | 10.7 | 12.8 | 28.7% |
| India | 8.5 | 9.2 | 11.4 | 11.0 | 9.0% |
| Spain | 11.5 | 7.4 | 13.2 | 10.3 | -3.6% |
| Bulgaria | 7.3 | 8.0 | 12.4 | 10.3 | 12.2% |
| Slovakia | 16.9 | 8.2 | 8.2 | 7.0 | -25.5% |
| Others | 114 | 123 | 159 | 145 | 8.3% |
| Total | 583 | 557 | 801 | 787 | 10.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Italy in 2022:
- Germany (3179.6M units)
- France (1335.6M units)
- China (1050.1M units)
- Tunisia (593.5M units)
- Turkey (585.6M units)
- Austria (313.9M units)
- Belgium (301.4M units)
- Romania (300.6M units)
- Netherlands (291.7M units)
- Spain (240.9M units)
- Slovakia (210.4M units)
- Bulgaria (201.7M units)
- India (200.3M units)
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