Germany - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsolating Switch Price in Germany - 2023
Contents:
- Isolating Switch Price in Germany (FOB) - 2023
- Isolating Switch Price in Germany (CIF) - 2023
- Isolating Switch Exports in Germany
- Isolating Switch Imports in Germany
Isolating Switch Price in Germany (FOB) - 2023
In June 2023, the average isolating switch export price amounted to $106 per unit, reducing by -2.2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 36% m-o-m. Over the period under review, the average export prices hit record highs at $124 per unit in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was China ($187 per unit), while the average price for exports to the United Arab Emirates ($30.8 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Isolating Switch Price in Germany (CIF) - 2023
The average isolating switch import price stood at $32.3 per unit in June 2023, falling by -34.6% against the previous month. Over the period under review, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 46% month-to-month. As a result, import price reached the peak level of $49.5 per unit. From February 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($94.1 per unit), while the price for India ($12.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Isolating Switch Exports in Germany
In 2022, approx. 1.3M units of isolating switches & make-and-break switches were exported from Germany; remaining constant against 2021. Overall, exports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 22%. The exports peaked at 1.5M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, isolating switch exports soared to $123M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 21%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Export of Isolating Switch in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.0 | 2.8 | 3.1 | 19.5 | 113.6% |
United States | 9.5 | 7.2 | 8.5 | 14.1 | 14.1% |
Spain | 3.4 | 3.6 | 3.8 | 6.1 | 21.5% |
Norway | 1.3 | 1.0 | 1.1 | 6.0 | 66.5% |
Netherlands | 7.8 | 6.9 | 7.8 | 5.5 | -11.0% |
United Kingdom | 5.4 | 4.9 | 0.8 | 5.1 | -1.9% |
Italy | 0.9 | 0.7 | 1.5 | 4.6 | 72.3% |
Austria | 4.8 | 4.2 | 10.7 | 4.6 | -1.4% |
Myanmar | N/A | N/A | N/A | 3.7 | 0% |
Belgium | 1.6 | 4.3 | 11.3 | 3.2 | 26.0% |
Russia | 8.7 | 9.9 | 6.5 | 3.2 | -28.4% |
Saudi Arabia | 0.5 | 2.5 | 0.1 | 2.8 | 77.6% |
Finland | 2.3 | 1.4 | 2.7 | 2.8 | 6.8% |
Others | 64.7 | 37.2 | 46.4 | 41.3 | -13.9% |
Total | 113 | 86.5 | 104 | 123 | 2.9% |
Top Export Markets for Isolating Switch from Germany in 2022:
- United States (172.5K units)
- China (126.1K units)
- Spain (81.8K units)
- Finland (77.2K units)
- Netherlands (68.5K units)
- Austria (64.5K units)
- Norway (63.5K units)
- United Kingdom (62.2K units)
- Italy (59.7K units)
- Russia (51.0K units)
- Belgium (42.1K units)
- Saudi Arabia (38.6K units)
- Myanmar (37.2K units)
Isolating Switch Imports in Germany
In 2022, supplies from abroad of isolating switches & make-and-break switches decreased by -11.1% to 2.1M units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, imports attained the peak of 3M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, isolating switch imports dropped markedly to $74M in 2022. In general, imports faced a abrupt descent. The smallest decline of -5.1% was in 2021. Over the period under review, imports attained the maximum at $110M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Isolating Switch in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 64.8 | 45.0 | 48.1 | 26.0 | -26.2% |
Netherlands | 12.7 | 15.2 | 13.2 | 12.8 | 0.3% |
Italy | 11.8 | 15.6 | 13.3 | 12.2 | 1.1% |
Poland | 3.0 | 5.0 | 4.9 | 7.2 | 33.9% |
Czech Republic | 6.4 | 6.4 | 4.0 | 5.3 | -6.1% |
France | 2.9 | 6.5 | 3.3 | 2.4 | -6.1% |
Austria | 1.4 | 1.4 | 1.6 | 1.5 | 2.3% |
Denmark | 1.7 | 1.5 | 1.4 | 0.9 | -19.1% |
Others | 4.9 | 4.2 | 5.8 | 5.9 | 6.4% |
Total | 110 | 101 | 95.7 | 74.2 | -12.3% |
Top Suppliers of Isolating Switch to Germany in 2022:
- Netherlands (486.5K units)
- Switzerland (383.1K units)
- Poland (369.5K units)
- Italy (363.7K units)
- Czech Republic (289.6K units)
- France (54.2K units)
- Austria (52.2K units)
- Denmark (48.9K units)
This report provides an in-depth analysis of the isolating switch market in Germany. 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 27121030 - Isolating switches and make-and-break switches
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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