Price for Automatic Circuit Breakers for Under 1000 V in Japan - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Japan (FOB) - 2022
- Price for Automatic Circuit Breakers for Under 1000 V in Japan (CIF) - 2024
- Exports of Automatic Circuit Breakers for Under 1000 V in Japan
- Imports of Automatic Circuit Breakers for Under 1000 V in Japan
Price for Automatic Circuit Breakers for Under 1000 V in Japan (FOB) - 2022
The average export price for automatic circuit breakers for under 1000 v stood at $16 per unit in 2022, waning by -14.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 23%. Over the period under review, the average export prices hit record highs at $19 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($49 per unit), while the average price for exports to Pakistan ($3.1 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 the United States (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in Japan (CIF) - 2024
The average import price for automatic circuit breakers for under 1000 v stood at $33.9 per unit in March 2024, waning by -2.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 8.6% against the previous month. As a result, import price attained the peak level of $35.1 per unit. From August 2023 to March 2024, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the countries with the highest prices were Thailand ($12.8 per unit) and China ($9.8 per unit), while the price for Vietnam ($9.5 per unit) and Malaysia ($9.6 per unit) were amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Malaysia (-0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Automatic Circuit Breakers for Under 1000 V in Japan
In 2022, approx. 20M units of automatic circuit breakers for under 1000 v were exported from Japan; increasing by 8.3% on the year before. The total export volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of automatic circuit breakers for under 1000 v reduced to $320M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +39.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $346M, and then shrank in the following year.
Export of Automatic Circuit Breakers for Under 1000 V in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 88.9 | 123 | 174 | 151 | 19.3% |
Taiwan (Chinese) | 20.3 | 22.9 | 28.9 | 30.2 | 14.2% |
South Korea | 13.3 | 16.9 | 17.7 | 18.7 | 12.0% |
Vietnam | 16.0 | 19.4 | 13.5 | 16.3 | 0.6% |
Singapore | 10.9 | 10.1 | 14.7 | 14.1 | 9.0% |
United States | 7.7 | 10.5 | 11.0 | 12.7 | 18.2% |
Thailand | 11.9 | 10.5 | 11.8 | 10.5 | -4.1% |
United Kingdom | 9.5 | 9.0 | 10.6 | 10.4 | 3.1% |
Malaysia | 4.1 | 3.9 | 5.4 | 8.0 | 25.0% |
Australia | 4.6 | 4.1 | 6.7 | 4.6 | 0.0% |
Kuwait | 0.3 | 2.0 | 4.4 | 3.5 | 126.8% |
India | 2.7 | 1.2 | 1.1 | 2.6 | -1.3% |
Pakistan | 1.9 | 1.4 | 7.1 | 2.2 | 5.0% |
Others | 37.1 | 32.4 | 39.2 | 35.2 | -1.7% |
Total | 229 | 268 | 346 | 320 | 11.8% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Japan in 2022:
- Vietnam (3.5M units)
- Taiwan (Chinese) (3.1M units)
- China (3.1M units)
- Malaysia (1.9M units)
- South Korea (1.2M units)
- Singapore (1.1M units)
- Thailand (1.1M units)
- United Kingdom (1.0M units)
- Pakistan (0.7M units)
- Kuwait (0.5M units)
- Australia (0.4M units)
- India (0.4M units)
- United States (0.3M units)
Imports of Automatic Circuit Breakers for Under 1000 V in Japan
Imports of automatic circuit breakers for under 1000 v into Japan skyrocketed to 19M units in 2022, increasing by 25% on the year before. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of automatic circuit breakers for under 1000 v skyrocketed to $224M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Automatic Circuit Breakers for Under 1000 V in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 53.0 | 45.2 | 57.5 | 70.0 | 9.7% |
Thailand | 44.3 | 39.6 | 43.5 | 51.3 | 5.0% |
Vietnam | 46.5 | 49.0 | 44.5 | 51.1 | 3.2% |
Malaysia | 16.1 | 13.0 | 11.7 | 17.9 | 3.6% |
Others | 23.0 | 23.0 | 30.1 | 34.1 | 14.0% |
Total | 183 | 170 | 187 | 224 | 7.0% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Japan in 2022:
- China (6.8M units)
- Vietnam (5.0M units)
- Thailand (3.9M units)
- Malaysia (1.8M units)
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