Price for Automatic Circuit Breakers for Under 1000 V in Sri Lanka - 2022
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Sri Lanka (CIF) - 2022
- Price for Automatic Circuit Breakers for Under 1000 V in Sri Lanka (FOB) - 2022
- Imports of Automatic Circuit Breakers for Under 1000 V in Sri Lanka
- Exports of Automatic Circuit Breakers for Under 1000 V in Sri Lanka
Price for Automatic Circuit Breakers for Under 1000 V in Sri Lanka (CIF) - 2022
In 2022, the average import price for automatic circuit breakers for under 1000 v amounted to $6.4 per unit, with an increase of 8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2017 an increase of 30%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($16 per unit), while the price for China ($5.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in Sri Lanka (FOB) - 2022
In 2022, the average export price for automatic circuit breakers for under 1000 v amounted to $9.5 per unit, surging by 49% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 165% against the previous year. The export price peaked at $11 per unit in 2018; however, from 2019 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 Switzerland ($47 per unit), while the average price for exports to China ($2.2 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 India (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in Sri Lanka
In 2022, approx. 1.2M units of automatic circuit breakers for under 1000 v were imported into Sri Lanka; falling by -48.9% on the previous year. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of 2.3M units, and then shrank markedly in the following year.
In value terms, imports of automatic circuit breakers for under 1000 v fell significantly to $7.5M in 2022. Overall, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $14M, and then reduced rapidly in the following year.
| Import of Automatic Circuit Breakers for Under 1000 V in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 5.3 | 7.5 | 3.5 | -12.9% |
| India | 3.8 | 2.9 | 4.5 | 3.0 | -7.6% |
| Italy | 0.7 | 0.8 | 0.4 | 0.4 | -17.0% |
| Japan | 0.5 | 0.2 | 0.3 | 0.2 | -26.3% |
| Others | 1.0 | 1.1 | 1.0 | 0.5 | -20.6% |
| Total | 11.3 | 10.3 | 13.6 | 7.5 | -12.8% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Sri Lanka in 2022:
- China (652.8K units)
- India (424.8K units)
- Italy (31.8K units)
- Japan (18.7K units)
Exports of Automatic Circuit Breakers for Under 1000 V in Sri Lanka
In 2022, the amount of automatic circuit breakers for under 1000 v exported from Sri Lanka soared to 99K units, with an increase of 84% on the year before. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.6% against 2020 indices. The exports peaked at 108K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of automatic circuit breakers for under 1000 v soared to $940K in 2022. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Automatic Circuit Breakers for Under 1000 V in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 331 | 398 | 126 | 495 | 14.4% |
| Pakistan | 67.1 | 114 | 50.5 | 112 | 18.6% |
| Qatar | 16.6 | 94.6 | 31.3 | 49.3 | 43.7% |
| Singapore | 19.5 | 33.9 | 12.9 | 31.0 | 16.7% |
| China | 0.2 | 10.9 | 9.9 | 30.2 | 432.5% |
| India | 57.9 | N/A | 68.5 | 18.6 | -31.5% |
| Seychelles | 1.2 | 1.9 | 6.0 | 16.3 | 138.6% |
| United Arab Emirates | 10.3 | 11.0 | 4.8 | 13.2 | 8.6% |
| Others | 67.0 | 87.6 | 33.3 | 175 | 37.7% |
| Total | 571 | 752 | 343 | 940 | 18.1% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Sri Lanka in 2022:
- Maldives (47.0K units)
- Pakistan (20.4K units)
- China (13.6K units)
- Seychelles (3.1K units)
- Singapore (2.9K units)
- United Arab Emirates (2.2K units)
- Qatar (1.8K units)
- India (1.2K units)
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