Price for Automatic Circuit Breakers for Under 1000 V in South Africa - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in South Africa (CIF) - 2024
- Price for Automatic Circuit Breakers for Under 1000 V in South Africa (FOB) - 2022
- Imports of Automatic Circuit Breakers for Under 1000 V in South Africa
- Exports of Automatic Circuit Breakers for Under 1000 V in South Africa
Price for Automatic Circuit Breakers for Under 1000 V in South Africa (CIF) - 2024
In March 2024, the average import price for automatic circuit breakers for under 1000 v amounted to $21.1 per unit, which is down by -4.6% against the previous month. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in January 2024 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $24.8 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 Japan ($14.1 per unit), while the price for China ($2.8 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 India (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in South Africa (FOB) - 2022
The average export price for automatic circuit breakers for under 1000 v stood at $10 per unit in 2022, declining by -4.5% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for automatic circuit breakers for under 1000 v increased by +46.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 53%. As a result, the export price reached the peak level of $11 per unit, and then fell slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($20 per unit), while the average price for exports to Lesotho ($1.5 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 Ghana (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in South Africa
In 2022, approx. 8.8M units of automatic circuit breakers for under 1000 v were imported into South Africa; stabilizing at 2021. The total import volume increased at an average annual rate of +3.1% 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 15%. As a result, imports attained the peak of 9.2M units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of automatic circuit breakers for under 1000 v rose slightly to $77M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Automatic Circuit Breakers for Under 1000 V in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 22.3 | 22.2 | 32.2 | 35.2 | 16.4% |
| China | 7.9 | 9.0 | 10.3 | 10.1 | 8.5% |
| Italy | 5.2 | 4.9 | 7.8 | 9.8 | 23.5% |
| France | 10.6 | 11.6 | 5.1 | 4.6 | -24.3% |
| Japan | 3.8 | 2.6 | 3.7 | 2.4 | -14.2% |
| India | 2.3 | 1.5 | 3.7 | 2.4 | 1.4% |
| Germany | 2.7 | 2.3 | 2.6 | 2.2 | -6.6% |
| Others | 6.6 | 6.6 | 8.2 | 9.9 | 14.5% |
| Total | 61.3 | 60.8 | 73.6 | 76.6 | 7.7% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to South Africa in 2022:
- Lesotho (3.0M units)
- China (2.5M units)
- Italy (0.8M units)
- France (0.6M units)
- India (0.4M units)
- Japan (0.3M units)
- Germany (0.2M units)
Exports of Automatic Circuit Breakers for Under 1000 V in South Africa
In 2022, approx. 3.5M units of automatic circuit breakers for under 1000 v were exported from South Africa; increasing by 1.7% on the previous year. In general, exports, however, recorded a slight decline. The growth pace was the most rapid in 2020 when exports increased by 9.1%. As a result, the exports reached the peak of 4M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of automatic circuit breakers for under 1000 v shrank modestly to $36M in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of $37M, and then declined in the following year.
| Export of Automatic Circuit Breakers for Under 1000 V in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 5.6 | 10.7 | 10.0 | 27.7% |
| Sweden | 3.2 | 3.6 | 4.8 | 6.1 | 24.0% |
| Botswana | 2.7 | 3.1 | 4.1 | 3.0 | 3.6% |
| Namibia | 3.1 | 2.7 | 2.7 | 2.9 | -2.2% |
| Hong Kong SAR | 3.0 | 2.7 | 3.1 | 2.5 | -5.9% |
| Democratic Republic of the Congo | 1.5 | 0.9 | 2.1 | 1.8 | 6.3% |
| Australia | 1.5 | 1.5 | 1.5 | 1.3 | -4.7% |
| Mozambique | 1.5 | 0.8 | 0.9 | 1.3 | -4.7% |
| Zambia | 1.2 | 0.8 | 1.1 | 0.9 | -9.1% |
| Zimbabwe | 1.5 | 1.1 | 1.2 | 0.9 | -15.7% |
| Lesotho | 1.2 | 0.4 | 1.0 | 0.8 | -12.6% |
| Swaziland | 0.8 | 0.4 | 0.8 | 0.5 | -14.5% |
| Ghana | 0.2 | 2.5 | 0.1 | 0.1 | -20.6% |
| Others | 3.2 | 2.0 | 3.2 | 4.0 | 7.7% |
| Total | 29.3 | 28.2 | 37.2 | 36.1 | 7.2% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from South Africa in 2022:
- United States (573.1K units)
- Lesotho (527.2K units)
- Sweden (523.4K units)
- Namibia (323.6K units)
- Botswana (203.6K units)
- Hong Kong SAR (196.8K units)
- Zimbabwe (176.7K units)
- Zambia (149.6K units)
- Swaziland (132.6K units)
- Australia (121.9K units)
- Mozambique (111.7K units)
- Democratic Republic of the Congo (86.9K units)
- Ghana (6.0K units)
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