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

Contents:

  1. Price for Automatic Circuit Breakers for Under 1000 V in Japan (FOB) - 2022
  2. Price for Automatic Circuit Breakers for Under 1000 V in Japan (CIF) - 2024
  3. Exports of Automatic Circuit Breakers for Under 1000 V in Japan
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China88.912317415119.3%
Taiwan (Chinese)20.322.928.930.214.2%
South Korea13.316.917.718.712.0%
Vietnam16.019.413.516.30.6%
Singapore10.910.114.714.19.0%
United States7.710.511.012.718.2%
Thailand11.910.511.810.5-4.1%
United Kingdom9.59.010.610.43.1%
Malaysia4.13.95.48.025.0%
Australia4.64.16.74.60.0%
Kuwait0.32.04.43.5126.8%
India2.71.21.12.6-1.3%
Pakistan1.91.47.12.25.0%
Others37.132.439.235.2-1.7%
Total22926834632011.8%

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

  1. Vietnam (3.5M units)
  2. Taiwan (Chinese) (3.1M units)
  3. China (3.1M units)
  4. Malaysia (1.9M units)
  5. South Korea (1.2M units)
  6. Singapore (1.1M units)
  7. Thailand (1.1M units)
  8. United Kingdom (1.0M units)
  9. Pakistan (0.7M units)
  10. Kuwait (0.5M units)
  11. Australia (0.4M units)
  12. India (0.4M units)
  13. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China53.045.257.570.09.7%
Thailand44.339.643.551.35.0%
Vietnam46.549.044.551.13.2%
Malaysia16.113.011.717.93.6%
Others23.023.030.134.114.0%
Total1831701872247.0%

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

  1. China (6.8M units)
  2. Vietnam (5.0M units)
  3. Thailand (3.9M units)
  4. Malaysia (1.8M units)

Source: IndexBox Market Intelligence Platform

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