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

Contents:

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

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

In 2022, the average import price for automatic circuit breakers for under 1000 v amounted to $4.9 per unit, dropping by -1.5% against the previous year. Overall, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. The import price peaked at $7.4 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15 per unit), while the price for Malaysia ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for automatic circuit breakers for under 1000 v stood at $3.6 per unit in 2022, rising by 17% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 67%. The export price peaked at $20 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($70 per unit), while the average price for exports to Spain ($0.4 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 Turkey (-4.4%).

Imports of Automatic Circuit Breakers for Under 1000 V in Iraq

In 2022, the amount of automatic circuit breakers for under 1000 v imported into Iraq expanded notably to 9M units, surging by 5.6% against 2021 figures. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. As a result, imports attained the peak of 9.1M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of automatic circuit breakers for under 1000 v rose modestly to $44M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 8.9% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Automatic Circuit Breakers for Under 1000 V in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.16.59.313.418.3%
China7.311.711.59.810.3%
Italy2.41.22.24.018.6%
Turkey3.13.94.53.76.1%
India4.75.84.23.5-9.4%
Germany1.50.92.93.532.6%
South Korea5.55.52.92.2-26.3%
Tunisia1.92.02.21.3-11.9%
Malaysia0.60.70.70.75.3%
Saudi Arabia0.20.90.60.644.2%
Others2.72.61.31.3-21.6%
Total38.141.542.243.94.8%

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

  1. China (3547.7K units)
  2. United Arab Emirates (2201.3K units)
  3. Turkey (634.3K units)
  4. South Korea (539.6K units)
  5. Malaysia (481.0K units)
  6. Italy (449.5K units)
  7. Germany (369.2K units)
  8. Saudi Arabia (246.6K units)
  9. India (224.7K units)
  10. Tunisia (176.9K units)

Exports of Automatic Circuit Breakers for Under 1000 V in Iraq

For the fourth consecutive year, Iraq recorded growth in shipments abroad of automatic circuit breakers for under 1000 v, which increased by 1.1% to 23K units in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 192% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of automatic circuit breakers for under 1000 v surged to $81K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 186% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Automatic Circuit Breakers for Under 1000 V in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran3.722.859.269.2165.4%
Turkey16.635.89.912.1-10.0%
SpainN/AN/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total20.558.669.181.458.4%

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

  1. Turkey (3.2K units)
  2. Iran (1.0K units)
  3. Spain (0.1K units)

Source: IndexBox Market Intelligence Platform

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