Production of Plugs and Socket in France - 2022
Plugs and Socket Production in France - 2022
In 2022, the amount of electrical plugs and sockets for under 1000 v produced in France rose to 135M units, increasing by 2.2% on the year before. The total output volume increased at an average annual rate of +3.5% from 2017 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. Plugs and socket production peaked in 2022 and is expected to retain growth in the near future.
In value terms, plugs and socket production rose rapidly to $493M in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% over the period from 2017 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by 13%. Over the period under review, production attained the peak level in 2022 and is likely to see steady growth in the immediate term.
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