Plugs and Socket Price in Russia - 2022
Contents:
- Plugs and Socket Price in Russia (CIF) - 2022
- Plugs and Socket Price in Russia (FOB) - 2022
- Plugs and Socket Imports in Russia
- Plugs and Socket Exports in Russia
Plugs and Socket Price in Russia (CIF) - 2022
In 2022, the average plugs and socket import price amounted to $0.1 per unit, falling by -25.9% against the previous year. Overall, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 34%. As a result, import price reached the peak level of $0.2 per unit. From 2015 to 2022, the average 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 Germany ($1.1 per unit), while the price for Armenia ($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 Hungary (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Plugs and Socket Price in Russia (FOB) - 2022
In 2022, the average plugs and socket export price amounted to $0.1 per unit, declining by -5.5% against the previous year. Over the period under review, the export price saw a pronounced slump. The growth pace was the most rapid in 2014 an increase of 36% against the previous year. The export price peaked at $0.2 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($0.2 per unit), while the average price for exports to Armenia (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 recorded for supplies to Uzbekistan (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Plugs and Socket Imports in Russia
In 2022, after three years of growth, there was significant decline in purchases abroad of electrical plugs and sockets for under 1000 v, when their volume decreased by -26.6% to 1.2B units. Overall, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 1.7B units, and then shrank remarkably in the following year.
In value terms, plugs and socket imports shrank remarkably to $153M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $282M, and then declined notably in the following year.
| Import of Plugs and Socket in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.9 | 64.0 | 78.9 | 73.6 | 10.3% |
| Germany | 55.7 | 56.7 | 59.5 | 19.6 | -29.4% |
| Turkey | 8.7 | 9.1 | 8.8 | 9.6 | 3.3% |
| Hungary | 8.3 | 9.3 | 11.3 | 6.4 | -8.3% |
| Kazakhstan | N/A | N/A | 0.5 | 3.8 | 660.0% |
| Armenia | N/A | N/A | N/A | 1.8 | 0% |
| Belarus | 7.9 | 8.9 | 9.7 | N/A | 10.8% |
| Others | 72.2 | 77.3 | 113 | 38.5 | -18.9% |
| Total | 208 | 225 | 282 | 153 | -9.7% |
Top Suppliers of Plugs and Socket to Russia in 2022:
- China (951.5M units)
- Turkey (91.2M units)
- Kazakhstan (65.9M units)
- Armenia (33.6M units)
- Hungary (20.2M units)
- Germany (18.4M units)
Plugs and Socket Exports in Russia
In 2022, after three years of growth, there was significant decline in overseas shipments of electrical plugs and sockets for under 1000 v, when their volume decreased by -61.8% to 83M units. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, the exports reached the peak of 217M units, and then contracted remarkably in the following year.
In value terms, plugs and socket exports declined markedly to $9.5M in 2022. In general, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports attained the peak of $26M, and then declined markedly in the following year.
| Export of Plugs and Socket in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 11.1 | 11.0 | 12.0 | 5.3 | -21.8% |
| France | 0.2 | 0.1 | 1.5 | 0.8 | 58.7% |
| Uzbekistan | 0.3 | 0.3 | 0.6 | 0.5 | 18.6% |
| Georgia | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Armenia | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
| Kyrgyzstan | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Belarus | 6.9 | 7.0 | 7.8 | N/A | 6.3% |
| Others | 3.0 | 3.3 | 3.7 | 2.1 | -11.2% |
| Total | 21.9 | 22.0 | 26.2 | 9.5 | -24.3% |
Top Export Markets for Plugs and Socket from Russia in 2022:
- Kazakhstan (51.9M units)
- France (7.5M units)
- Armenia (6.5M units)
- Uzbekistan (6.4M units)
- Kyrgyzstan (1.6M units)
- Georgia (1.6M units)
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