Price for Automatic Circuit Breakers for Under 1000 V in Thailand - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Thailand (FOB) - 2024
- Price for Automatic Circuit Breakers for Under 1000 V in Thailand (CIF) - 2024
- Exports of Automatic Circuit Breakers for Under 1000 V in Thailand
- Imports of Automatic Circuit Breakers for Under 1000 V in Thailand
Price for Automatic Circuit Breakers for Under 1000 V in Thailand (FOB) - 2024
The average export price for automatic circuit breakers for under 1000 v stood at $7.2 per unit in March 2024, increasing by 2.5% against the previous month. Over the last ten months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices attained the maximum at $7.7 per unit in September 2023; however, from October 2023 to March 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Japan ($13.4 per unit), while the average price for exports to Norway ($3.0 per unit) was amongst the lowest.
From May 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in Thailand (CIF) - 2024
The average import price for automatic circuit breakers for under 1000 v stood at $10.9 per unit in March 2024, surging by 48% against the previous month. Over the period from May 2023 to March 2024, it increased at an average monthly rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the Czech Republic ($21.3 per unit), while the price for Vietnam ($5.8 per unit) was amongst the lowest.
From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Automatic Circuit Breakers for Under 1000 V in Thailand
In 2022, overseas shipments of automatic circuit breakers for under 1000 v decreased by -13.5% to 22M units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 99%. The exports peaked at 25M units in 2021, and then declined in the following year.
In value terms, exports of automatic circuit breakers for under 1000 v dropped to $129M in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports attained the peak of $139M, and then declined in the following year.
| Export of Automatic Circuit Breakers for Under 1000 V in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 38.0 | 37.3 | 42.1 | 49.2 | 9.0% |
| Singapore | 43.5 | 38.2 | 48.4 | 38.1 | -4.3% |
| Indonesia | 5.7 | 7.9 | 9.6 | 7.9 | 11.5% |
| United Arab Emirates | 5.6 | 5.6 | 8.0 | 7.1 | 8.2% |
| Norway | 0.6 | 6.3 | 5.4 | 5.5 | 109.3% |
| India | 1.0 | 2.8 | 5.0 | 3.6 | 53.3% |
| Turkey | 2.5 | 3.9 | 5.1 | 2.7 | 2.6% |
| Poland | N/A | 0.4 | 1.4 | 2.4 | 144.9% |
| Cambodia | 0.2 | 2.0 | 2.1 | 1.4 | 91.3% |
| Others | 10.6 | 6.6 | 11.7 | 11.7 | 3.3% |
| Total | 108 | 111 | 139 | 129 | 6.1% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Thailand in 2022:
- Singapore (6.8M units)
- Japan (3.9M units)
- Indonesia (1.9M units)
- Norway (1.7M units)
- Cambodia (1.4M units)
- United Arab Emirates (1.3M units)
- Turkey (0.8M units)
- Poland (0.8M units)
- India (0.6M units)
Imports of Automatic Circuit Breakers for Under 1000 V in Thailand
After three years of growth, overseas purchases of automatic circuit breakers for under 1000 v decreased by -3.8% to 12M units in 2022. The total import volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 41%. Imports peaked at 12M units in 2021, and then reduced in the following year.
In value terms, imports of automatic circuit breakers for under 1000 v rose to $96M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.7 | 42.7 | 41.0 | 40.3 | 1.4% |
| Japan | 18.3 | 15.4 | 15.3 | 14.6 | -7.3% |
| India | 10.4 | 10.8 | 9.8 | 8.9 | -5.1% |
| Singapore | 0.4 | 0.6 | 4.2 | 7.7 | 168.0% |
| Italy | 5.3 | 8.4 | 5.9 | 6.9 | 9.2% |
| Vietnam | 3.3 | 2.8 | 3.2 | 3.9 | 5.7% |
| Czech Republic | 3.9 | 4.6 | 3.2 | 2.6 | -12.6% |
| United States | 0.7 | 0.5 | 0.3 | 2.0 | 41.9% |
| Others | 11.1 | 8.6 | 9.4 | 8.6 | -8.2% |
| Total | 92.1 | 94.4 | 92.3 | 95.6 | 1.3% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Thailand in 2022:
- China (7.1M units)
- Japan (1.2M units)
- India (0.7M units)
- Vietnam (0.7M units)
- Singapore (0.6M units)
- Italy (0.4M units)
- United States (0.2M units)
- Czech Republic (0.1M units)
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