Price for Automatic Circuit Breakers for Under 1000 V in India - 2024

Contents:

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

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

In 2022, the average export price for automatic circuit breakers for under 1000 v amounted to $15 per unit, stabilizing at the previous year. In general, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 138%. The export price peaked at $15 per unit in 2021, and then reduced slightly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($15 per unit) and Australia ($15 per unit), while the average price for exports to Singapore ($15 per unit) and the UK ($15 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for automatic circuit breakers for under 1000 v amounted to $15 per unit, stabilizing at the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2017 an increase of 50%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($15 per unit) and Italy ($15 per unit), while the price for Singapore ($15 per unit) and South Korea ($15 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Automatic Circuit Breakers for Under 1000 V in India

In 2022, approx. 14M units of automatic circuit breakers for under 1000 v were exported from India; declining by -1.8% compared with the previous year. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of 14M units, and then dropped in the following year.

In value terms, exports of automatic circuit breakers for under 1000 v reduced to $212M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports reached the peak of $217M, and then shrank modestly in the following year.

Export of Automatic Circuit Breakers for Under 1000 V in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore52.744.353.646.9-3.8%
United States11.316.730.328.736.4%
France16.415.222.922.411.0%
United Arab Emirates8.29.914.116.927.3%
Turkey4.07.014.211.943.8%
Brazil5.33.67.97.612.8%
Australia3.94.66.16.619.2%
United Kingdom1.93.24.45.945.9%
Indonesia4.33.35.45.26.5%
Poland3.83.05.24.55.8%
Nepal4.53.35.64.1-3.1%
Egypt0.30.51.23.9135.1%
Iraq4.76.14.33.5-9.4%
Others34.126.742.044.19.0%
Total15514721721211.0%

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

  1. Singapore (3.1M units)
  2. United States (1.9M units)
  3. France (1.5M units)
  4. United Arab Emirates (1.1M units)
  5. Turkey (0.8M units)
  6. Brazil (0.5M units)
  7. Australia (0.4M units)
  8. United Kingdom (0.4M units)
  9. Egypt (0.3M units)
  10. Poland (0.3M units)
  11. Indonesia (0.3M units)
  12. Nepal (0.3M units)
  13. Iraq (0.2M units)

Imports of Automatic Circuit Breakers for Under 1000 V in India

In 2022, approx. 9.8M units of automatic circuit breakers for under 1000 v were imported into India; jumping by 15% on the previous year's figure. The total import volume increased at an average annual rate of +6.4% over the period 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 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of automatic circuit breakers for under 1000 v skyrocketed to $144M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +58.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Automatic Circuit Breakers for Under 1000 V in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.930.348.754.919.8%
Germany24.321.829.329.66.8%
Italy7.95.17.99.56.3%
France10.69.38.79.1-5.0%
Thailand0.43.47.46.9158.4%
Israel0.30.40.15.6165.3%
United States4.03.65.04.75.5%
Singapore11.24.24.74.6-25.7%
South Korea4.92.43.03.8-8.1%
Japan1.61.42.33.529.8%
Denmark1.33.32.43.336.4%
Others5.95.45.28.111.1%
Total10490.512514411.5%

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

  1. China (3726.0K units)
  2. Germany (2008.2K units)
  3. Italy (647.4K units)
  4. France (614.8K units)
  5. Thailand (468.9K units)
  6. Israel (381.3K units)
  7. United States (316.6K units)
  8. Singapore (312.0K units)
  9. South Korea (255.1K units)
  10. Japan (238.4K units)
  11. Denmark (224.7K units)

Source: IndexBox Market Intelligence Platform

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