Price for Automatic Circuit Breakers for Under 1000 V in Bangladesh - 2022

Contents:

  1. Price for Automatic Circuit Breakers for Under 1000 V in Bangladesh (CIF) - 2022
  2. Price for Automatic Circuit Breakers for Under 1000 V in Bangladesh (FOB) - 2022
  3. Imports of Automatic Circuit Breakers for Under 1000 V in Bangladesh
  4. Exports of Automatic Circuit Breakers for Under 1000 V in Bangladesh

Price for Automatic Circuit Breakers for Under 1000 V in Bangladesh (CIF) - 2022

The average import price for automatic circuit breakers for under 1000 v stood at $5.6 per unit in 2022, with an increase of 30% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 76%. As a result, import price attained the peak level of $9.4 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 Singapore ($25 per unit), while the price for Malaysia ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Automatic Circuit Breakers for Under 1000 V in Bangladesh (FOB) - 2022

In 2022, the average export price for automatic circuit breakers for under 1000 v amounted to $16 per unit, which is down by -2.3% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 147% against the previous year. Over the period under review, the average export prices reached the maximum at $16 per unit in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($25 per unit), while the average price for exports to Thailand ($13 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 Mexico (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Automatic Circuit Breakers for Under 1000 V in Bangladesh

In 2022, approx. 5.5M units of automatic circuit breakers for under 1000 v were imported into Bangladesh; dropping by -1.8% compared with 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of 5.6M units, and then reduced slightly in the following year.

In value terms, imports of automatic circuit breakers for under 1000 v surged to $31M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +65.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 29%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Automatic Circuit Breakers for Under 1000 V in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.27.310.411.12.9%
Singapore2.92.63.46.329.5%
Italy4.42.73.55.36.4%
India1.92.02.63.320.2%
Germany0.61.01.00.914.5%
South Korea0.90.70.90.90.0%
Malaysia0.20.10.20.1-20.6%
Others2.82.32.33.24.6%
Total23.818.824.331.19.3%

Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Bangladesh in 2022:

  1. China (3994.1K units)
  2. Italy (432.4K units)
  3. Singapore (252.5K units)
  4. India (221.3K units)
  5. South Korea (187.7K units)
  6. Malaysia (116.8K units)
  7. Germany (74.2K units)

Exports of Automatic Circuit Breakers for Under 1000 V in Bangladesh

In 2022, shipments abroad of automatic circuit breakers for under 1000 v was finally on the rise to reach 663 units after two years of decline. In general, exports, however, recorded a dramatic descent. The exports peaked at 18K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of automatic circuit breakers for under 1000 v skyrocketed to $10K in 2022. Overall, exports, however, showed a sharp decline. The exports peaked at $232K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Automatic Circuit Breakers for Under 1000 V in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1435.72.98.8-60.5%
Singapore38.60.60.10.7-73.7%
United States44.8N/AN/AN/A0%
Seychelles1.4N/AN/AN/A0%
Others3.80.60.10.8-40.5%
Total2327.03.010.3-64.6%

Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Bangladesh in 2022:

  1. Mexico (601.0 units)
  2. Singapore (30.0 units)

Source: IndexBox Market Intelligence Platform

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