Electrical inductors market in Italy

Earlier Report Observations

The Italian electrical inductors market contracted from 71.6 million units in 2018 to 44.3 million units in 2020, with value falling from $195.7 million to $144.4 million. A sharp recovery followed in 2021, lifting volume to 53.7 million units and value to $216.0 million.

After moderate declines in 2022 and 2023, market volume rebounded to 53.0 million units in 2024, valued at $206.7 million. This growth was supported by global electric vehicle production exceeding 6 million units in 2024, which increased demand for inductors used in on-board chargers and inverters. Major manufacturers such as TDK Corporation and Acme Electronics launched new automotive-grade inductor series with enhanced efficiency and corrosion resistance.

Technological advancements were accelerated by significant investments in passive component startups, which focused on magnetic core innovation. The introduction of nanocrystalline Mn-Zn ferrite cores for inverters and high-frequency Ni-Zn cores for EMI filters enabled miniaturization and higher performance, meeting demand from next-generation electronics, 5G telecommunications, and renewable energy systems.

Production electrical inductors in Italy

In value, 2017-2020, M $ US

Italy's electrical inductor production declined for the second consecutive year. In 2020, output was valued at 108.1 million US dollars, marking a significant 10.9% decrease from 2019. The largest decline occurred in 2019 at 24.6%, while the largest increase was recorded in 2018 at 46.6%. The peak value was reached in 2018 at 161.0 million US dollars.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K unit

The data reveals irregular changes, indicating a volatile market environment. Production volumes hit their lowest point in 2017 and peaked in 2018, with the peak being 1.8 times higher than the low. In 2020, Italy produced 42,399 thousand units of electrical inductors, representing a 17.0% year-over-year decline. The largest decrease occurred in 2019 at 26.8%, while the largest increase was in 2018 at 80.9%. The maximum volume was recorded in 2018 at 69,729 thousand units.

Annual dynamics of production in Italy in kind, 2017-2020, K unit

Exports electrical inductors from Italy

Exports in kind, K unit

Italy's electrical inductor export volume declined for the second consecutive year. In 2020, exports amounted to 4,464 thousand units, down 13.2% from 2019. Between 2017 and 2020, exports decreased by 21.9%, equating to an annualized rate of 7.9%. The largest decline was in 2019 at 14.5%, while the largest increase was in 2018 at 5.2%. The peak volume was recorded in 2018 at 6,013 thousand units.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K unit

From 2017 to 2020, Italy's export destinations for electrical inductors in kind were highly dispersed. Spain accounted for 15.1% of exports, Germany for 13.4%, and France for 10.3%, together forming just 38.8% of total flows. The remaining 61.2% was distributed among a wide range of other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's electrical inductor exports declined for the second consecutive year. In 2020, exports reached 73.1 million US dollars, indicating a moderate 7.7% decrease from 2019. Between 2017 and 2020, exports fell by 10.5%, with an annualized rate of 3.6%. The largest decline was in 2019 at 14.2%, while the largest increase was in 2018 at 13.1%. The peak value was recorded in 2018 at 92.3 million US dollars.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

From 2017 to 2020, Italy's electrical inductor exports in value terms were spread across many countries. Germany accounted for 13.2% of exports, Hungary for 9.5%, and France for 9.0%, jointly representing only 31.7% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports electrical inductors to Italy

Imports in kind, K unit

Italy's electrical inductor import volume declined for the second consecutive year. In 2020, imports reached 6,406 thousand units, which is 13.1% less than the previous year. Between 2017 and 2020, imports decreased by 17.8%, equating to an annualized rate of 6.3%. The largest increase was recorded in 2018 at 0.8%. The peak volume was in 2018 at 7,854 thousand units.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K unit

From 2017 to 2020, China was the main source for Italy's electrical inductor imports in kind, accounting for 42.7% of the total. Germany followed with 13.2%, and Belgium with 8.7%. Together, these three countries represented 64.6% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

After a two-year advance, Italy's electrical inductor imports from abroad declined. In 2020, imports registered 109.4 million US dollars, reflecting a notable 16.7% decrease compared to 2019. Over the period 2017-2020, imports decreased by 11.4%, with a compound annual growth rate of -4.0%. The largest increase occurred in 2019 at 3.3%. The peak value was recorded in 2019 at 131.3 million US dollars.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

From 2017 to 2020, China consistently led Italy's electrical inductor imports in value terms, accounting for 37.4%. Germany followed with 24.4%, and the Netherlands with 5.2%. Together, these three countries represented 67.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020