Price for Automatic Circuit Breakers for Under 1000 V in the UK - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in the UK (CIF) - 2024
- Price for Automatic Circuit Breakers for Under 1000 V in the UK (FOB) - 2022
- Imports of Automatic Circuit Breakers for Under 1000 V in the UK
- Exports of Automatic Circuit Breakers for Under 1000 V in the UK
Price for Automatic Circuit Breakers for Under 1000 V in the UK (CIF) - 2024
The average import price for automatic circuit breakers for under 1000 v stood at $45.7 per unit in February 2024, reducing by -5.4% against the previous month. Over the period under review, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in October 2023 an increase of 22% against the previous month. Over the period under review, average import prices attained the maximum at $56.5 per unit in March 2023; however, from April 2023 to February 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($53.5 per unit), while the price for India ($7.3 per unit) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Ireland (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in the UK (FOB) - 2022
The average export price for automatic circuit breakers for under 1000 v stood at $24 per unit in 2022, increasing by 27% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +12.1% 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 +64.9% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 82%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
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 China ($38 per unit), while the average price for exports to Barbados ($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 Germany (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in the UK
After three years of growth, supplies from abroad of automatic circuit breakers for under 1000 v decreased by -21.3% to 19M units in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 25M units, and then shrank markedly in the following year.
In value terms, imports of automatic circuit breakers for under 1000 v reduced to $251M in 2022. The total import value increased at an average annual rate of +4.6% over the period 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 when imports increased by 28% against the previous year. As a result, imports attained the peak of $277M, and then declined in the following year.
| Import of Automatic Circuit Breakers for Under 1000 V in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.9 | 47.8 | 84.5 | 82.6 | 26.4% |
| France | 71.8 | 66.4 | 69.5 | 41.6 | -16.6% |
| Italy | 15.3 | 16.4 | 25.6 | 20.0 | 9.3% |
| Thailand | 18.2 | 16.3 | 21.3 | 19.1 | 1.6% |
| Bulgaria | 0.4 | 0.8 | 0.2 | 12.7 | 216.7% |
| Poland | 0.8 | 1.0 | 0.3 | 11.2 | 141.0% |
| Germany | 18.9 | 16.0 | 19.7 | 10.5 | -17.8% |
| Japan | 11.4 | 8.1 | 8.3 | 8.0 | -11.1% |
| Czech Republic | 13.7 | 12.8 | 10.2 | 6.0 | -24.1% |
| India | 1.5 | 3.1 | 5.1 | 5.9 | 57.9% |
| Turkey | 0.6 | 0.4 | 2.7 | 2.2 | 54.2% |
| Netherlands | 4.6 | 7.4 | 8.2 | 0.9 | -41.9% |
| Others | 21.5 | 19.3 | 20.8 | 30.7 | 12.6% |
| Total | 220 | 216 | 277 | 251 | 4.5% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to the UK in 2022:
- China (9.4M units)
- France (2.8M units)
- Italy (1.4M units)
- India (0.8M units)
- Poland (0.7M units)
- Japan (0.7M units)
- Thailand (0.5M units)
- Bulgaria (0.5M units)
- Turkey (0.4M units)
- Germany (0.4M units)
- Czech Republic (0.3M units)
- Netherlands (0.2M units)
Exports of Automatic Circuit Breakers for Under 1000 V in the UK
In 2022, exports of automatic circuit breakers for under 1000 v from the UK dropped significantly to 3.5M units, declining by -20.4% compared with 2021 figures. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. The exports peaked at 4.8M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of automatic circuit breakers for under 1000 v amounted to $85M in 2022. The total export value increased at an average annual rate of +3.8% over the period 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 with an increase of 29%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Automatic Circuit Breakers for Under 1000 V in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 12.6 | 13.4 | 22.2 | 15.0 | 6.0% |
| China | 4.8 | 4.5 | 5.1 | 7.9 | 18.1% |
| Germany | 6.2 | 6.5 | 5.8 | 6.1 | -0.5% |
| France | 3.9 | 2.8 | 4.9 | 4.7 | 6.4% |
| Italy | 2.6 | 1.7 | 1.9 | 3.6 | 11.5% |
| Brazil | 0.1 | N/A | 2.2 | 3.5 | 227.1% |
| Netherlands | 2.7 | 1.4 | 2.9 | 3.3 | 6.9% |
| Spain | 2.6 | 2.0 | 1.9 | 2.0 | -8.4% |
| United Arab Emirates | 3.4 | 2.4 | 3.0 | 1.9 | -17.6% |
| Slovenia | 2.0 | 1.4 | 2.2 | 1.6 | -7.2% |
| Switzerland | 1.4 | 1.2 | 1.6 | 1.4 | 0.0% |
| Poland | 0.9 | 0.8 | 1.7 | 1.3 | 13.0% |
| Barbados | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Others | 32.2 | 26.7 | 28.2 | 31.9 | -0.3% |
| Total | 75.6 | 65.1 | 83.8 | 84.6 | 3.8% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from the UK in 2022:
- Ireland (662.7K units)
- Brazil (229.3K units)
- China (209.6K units)
- Germany (197.8K units)
- France (173.1K units)
- Italy (167.8K units)
- Spain (141.1K units)
- Netherlands (132.8K units)
- United Arab Emirates (127.3K units)
- Barbados (126.2K units)
- Slovenia (109.4K units)
- Switzerland (98.7K units)
- Poland (89.7K units)
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