Plugs and Socket Price in Bolivia - 2024

Contents:

1. Plugs and Socket Price in Bolivia (CIF) - 2022
2. Plugs and Socket Price in Bolivia (FOB) - 2022
3. Plugs and Socket Imports in Bolivia
4. Plugs and Socket Exports in Bolivia

Plugs and Socket Price in Bolivia (CIF) - 2022

The average plugs and socket import price stood at $0.1 per unit in 2022, declining by -16.4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $0.1 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($1.2 per unit), while the price for Chile (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Plugs and Socket Price in Bolivia (FOB) - 2022

The average plugs and socket export price stood at $0.4 per unit in 2022, shrinking by -74.8% against the previous year. Overall, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 661% against the previous year. As a result, the export price reached the peak level of $1.5 per unit, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($2.5 per unit), while the average price for exports to Paraguay ($0.1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+72.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plugs and Socket Imports in Bolivia

In 2022, plugs and socket imports into Bolivia soared to 61M units, rising by 45% compared with the year before. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plugs and socket imports surged to $4.5M in 2022. Overall, imports, however, recorded a pronounced slump. Imports peaked at $5.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Plugs and Socket to Bolivia in 2022:

1. China (56.7M units)
2. Brazil (2.5M units)
3. Chile (1.2M units)
4. Peru (0.2M units)

Plugs and Socket Exports in Bolivia

In 2022, the amount of electrical plugs and sockets for under 1000 v exported from Bolivia shrank sharply to 13K units, dropping by -78.8% compared with the previous year's figure. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,958%. As a result, the exports reached the peak of 61K units, and then shrank remarkably in the following year.

In value terms, plugs and socket exports fell remarkably to $4.9K in 2022. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 15,564%. As a result, the exports attained the peak of $92K, and then shrank notably in the following year.

Top Export Markets for Plugs and Socket from Bolivia in 2022:

1. Mexico (9.5K units)
2. Paraguay (1.4K units)
3. United States (1.3K units)
4. Canada (0.7K units)

Source: IndexBox Market Intelligence Platform