Price for Automatic Circuit Breakers for Under 1000 V in Norway - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Norway (CIF) - 2024
- Price for Automatic Circuit Breakers for Under 1000 V in Norway (FOB) - 2022
- Imports of Automatic Circuit Breakers for Under 1000 V in Norway
- Exports of Automatic Circuit Breakers for Under 1000 V in Norway
Price for Automatic Circuit Breakers for Under 1000 V in Norway (CIF) - 2024
In March 2024, the average import price for automatic circuit breakers for under 1000 v amounted to $35.9 per unit, waning by -5.1% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2024 an increase of 31% against the previous month. As a result, import price reached the peak level of $42.9 per unit. From February 2024 to March 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($15.9 per unit), while the price for Bulgaria ($6.5 per unit) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Romania (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in Norway (FOB) - 2022
The average export price for automatic circuit breakers for under 1000 v stood at $18 per unit in 2022, which is down by -2.2% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the maximum at $32 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($71 per unit), while the average price for exports to Sweden ($12 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 Lithuania (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in Norway
In 2022, purchases abroad of automatic circuit breakers for under 1000 v decreased by -4.7% to 4.9M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.8% over the period 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 6.1% against the previous year. Imports peaked at 5.1M units in 2021, and then fell slightly in the following year.
In value terms, imports of automatic circuit breakers for under 1000 v fell to $56M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $56M, leveling off in the following year.
| Import of Automatic Circuit Breakers for Under 1000 V in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 6.6 | 8.9 | 8.8 | 10.9 | 18.2% |
| France | 6.7 | 5.8 | 6.6 | 6.7 | 0.0% |
| Romania | 8.7 | 7.6 | 10.3 | 6.3 | -10.2% |
| Portugal | 4.4 | 4.6 | 6.6 | 6.0 | 10.9% |
| Italy | 4.6 | 4.9 | 5.2 | 5.6 | 6.8% |
| China | 1.4 | 3.3 | 4.7 | 4.3 | 45.4% |
| Sweden | 0.6 | 0.6 | 0.7 | 3.9 | 86.6% |
| Germany | 3.5 | 3.5 | 3.6 | 2.9 | -6.1% |
| Poland | 1.0 | 1.7 | 2.3 | 2.1 | 28.1% |
| Bulgaria | 0.9 | 0.9 | 1.3 | 1.8 | 26.0% |
| Spain | 0.4 | 0.3 | 0.8 | 0.8 | 26.0% |
| Others | 8.3 | 8.4 | 5.4 | 4.4 | -19.1% |
| Total | 47.0 | 50.4 | 56.2 | 55.8 | 5.9% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Norway in 2022:
- Czech Republic (841.3K units)
- Portugal (837.7K units)
- France (822.3K units)
- Romania (580.3K units)
- Italy (397.1K units)
- China (344.9K units)
- Bulgaria (249.8K units)
- Poland (194.4K units)
- Germany (156.4K units)
- Sweden (137.7K units)
- Spain (74.6K units)
Exports of Automatic Circuit Breakers for Under 1000 V in Norway
For the fourth consecutive year, Norway recorded growth in overseas shipments of automatic circuit breakers for under 1000 v, which increased by 60% to 328K units in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of automatic circuit breakers for under 1000 v skyrocketed to $6.1M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Automatic Circuit Breakers for Under 1000 V in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 433 | 446 | 996 | 1,559 | 53.3% |
| Singapore | 25.3 | 72.2 | 31.7 | 952 | 235.1% |
| Vietnam | 40.2 | 173 | 268 | 542 | 138.0% |
| Germany | 48.9 | 68.4 | 71.5 | 489 | 115.4% |
| Poland | 78.9 | 91.2 | 78.4 | 428 | 75.7% |
| Latvia | 335 | 281 | 564 | 399 | 6.0% |
| Denmark | 121 | 243 | 115 | 293 | 34.3% |
| Netherlands | 240 | 169 | 106 | 245 | 0.7% |
| Turkey | 44.0 | N/A | 87.3 | 86.2 | 25.1% |
| Finland | 35.8 | 2.5 | 63.7 | 49.3 | 11.3% |
| Romania | 130 | 578 | 2.1 | 30.3 | -38.5% |
| China | 19.6 | 42.8 | 579 | 20.3 | 1.2% |
| Others | 672 | 808 | 911 | 969 | 13.0% |
| Total | 2,223 | 2,976 | 3,874 | 6,063 | 39.7% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Norway in 2022:
- Sweden (134.0K units)
- Latvia (28.2K units)
- Denmark (22.2K units)
- Germany (18.8K units)
- Vietnam (16.7K units)
- Poland (13.7K units)
- Singapore (13.5K units)
- Turkey (6.8K units)
- Netherlands (6.8K units)
- Finland (4.9K units)
- Romania (1.3K units)
- China (0.5K units)
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