May 11, 2026 -
The European electronic components market recorded a return to growth in the first quarter, reaching €4.63 billion, an increase of 16.9 per cent year on year.
While the overall trend points to renewed momentum, performance across regions and product segments remains uneven.
Growth was strongest in several of Europe’s core industrial economies. Germany rose by 18.5 per cent, Italy by 18.8 per cent, and the Nordic region by 19.8 per cent, while Austria and the Benelux countries posted gains of 22.4 per cent and 21.0 per cent respectively.
By contrast, Ireland recorded a more modest increase of 4.6 per cent, with parts of Southern Europe also showing slower expansion. Turkey stood out with growth of 37.9 per cent, reflecting shifting trade dynamics and its growing role as a regional logistics hub. Russia, meanwhile, remained effectively excluded from the market due to ongoing sanctions.