In Q4-2024 (pre-estimates) world trade of Switchboards recorded a year-over-year slight decrease (-0.4%) in EUR, after +2.6% y-o-y in the first 3 quarters of 2024. In cumulative terms, in year 2024 world trade of Switchboards recorded a year-over-year increase of +1.8% in EUR.
As regards major competitors, in year 2024 all the main exporters (apart from Japan and Germany) recorded positive Y-o-Y results in EUR values.