Canada - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in Canada - 2023
Contents:
- Circuit Breaker Price in Canada (CIF) - 2023
- Circuit Breaker Price in Canada (FOB) - 2023
- Circuit Breaker Imports in Canada
- Circuit Breaker Exports in Canada
Circuit Breaker Price in Canada (CIF) - 2023
The average circuit breaker import price stood at $20.6 per unit in September 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 16% month-to-month. Over the period under review, average import prices hit record highs at $22.4 per unit in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Switzerland ($25.6 per unit), while the price for the Czech Republic ($16.8 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Price in Canada (FOB) - 2023
In September 2023, the average circuit breaker export price amounted to $21.2 per unit, rising by 11% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 26% m-o-m. The export price peaked at $22.0 per unit in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +2.1% per month.
Circuit Breaker Imports in Canada
In 2022, approx. 22M units of automatic circuit breakers were imported into Canada; jumping by 30% against 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, circuit breaker imports surged to $424M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Circuit Breaker in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 116 | 107 | 123 | 134 | 4.9% |
Mexico | 74.1 | 66.7 | 98.7 | 114 | 15.4% |
Italy | 11.0 | 11.3 | 20.8 | 35.5 | 47.8% |
Dominican Republic | 31.2 | 31.8 | 38.5 | 32.2 | 1.1% |
Philippines | 9.6 | 15.9 | 16.2 | 22.1 | 32.0% |
Switzerland | 2.4 | 2.8 | 2.4 | 20.2 | 103.4% |
Czech Republic | 2.3 | 3.0 | 6.0 | 15.5 | 88.9% |
China | 4.1 | 5.7 | 9.1 | 13.8 | 49.9% |
Germany | 8.0 | 5.7 | 5.4 | 6.0 | -9.1% |
Others | 34.7 | 24.4 | 28.5 | 30.5 | -4.2% |
Total | 293 | 275 | 348 | 424 | 13.1% |
Top Suppliers of Circuit Breaker to Canada in 2022:
- Mexico (6.7M units)
- United States (5.7M units)
- Italy (2.1M units)
- Dominican Republic (2.0M units)
- Philippines (1.4M units)
- Switzerland (1.1M units)
- Czech Republic (1.0M units)
- China (0.8M units)
- Germany (0.3M units)
Circuit Breaker Exports in Canada
In 2022, approx. 2.9M units of automatic circuit breakers were exported from Canada; picking up by 33% against the previous year. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, circuit breaker exports expanded notably to $56M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
Export of Circuit Breaker in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 36.0 | 31.9 | 44.8 | 52.6 | 13.5% |
Others | 3.6 | 5.3 | 4.2 | 3.5 | -0.9% |
Total | 39.6 | 37.2 | 49.0 | 56.1 | 12.3% |
Top Export Markets for Circuit Breaker from Canada in 2022:
- United States (2.8M units)
This report provides an in-depth analysis of the circuit breaker market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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