Price for Automatic Circuit Breakers for Under 1000 V in the United States - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in the United States (CIF) - 2022
- Price for Automatic Circuit Breakers for Under 1000 V in the United States (FOB) - 2024
- Imports of Automatic Circuit Breakers for Under 1000 V in the United States
- Exports of Automatic Circuit Breakers for Under 1000 V in the United States
Price for Automatic Circuit Breakers for Under 1000 V in the United States (CIF) - 2022
The average import price for automatic circuit breakers for under 1000 v stood at $7.6 per unit in 2022, growing by 9.5% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $14 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($20 per unit), while the price for Germany ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Automatic Circuit Breakers for Under 1000 V in the United States (FOB) - 2024
In March 2024, the average export price for automatic circuit breakers for under 1000 v amounted to $28.8 per unit, with an increase of 18% against the previous month. Over the period from April 2023 to March 2024, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in October 2023 an increase of 26% month-to-month. As a result, the export price attained the peak level of $30.3 per unit. From November 2023 to March 2024, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($197 per unit), while the average price for exports to Ecuador ($6.2 per unit) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+14.4%), 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 United States
For the fourth consecutive year, the United States recorded growth in supplies from abroad of automatic circuit breakers for under 1000 v, which increased by 6.9% to 236M units in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 77%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of automatic circuit breakers for under 1000 v skyrocketed to $1.8B in 2022. The total import value increased at an average annual rate of +8.9% 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 imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Automatic Circuit Breakers for Under 1000 V in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 511 | 431 | 527 | 686 | 10.3% |
| Dominican Republic | 574 | 583 | 606 | 661 | 4.8% |
| Italy | 42.6 | 45.2 | 85.0 | 170 | 58.6% |
| China | 43.5 | 35.5 | 42.4 | 54.5 | 7.8% |
| Germany | 31.4 | 25.6 | 27.1 | 31.5 | 0.1% |
| Others | 191 | 183 | 251 | 197 | 1.0% |
| Total | 1,393 | 1,304 | 1,538 | 1,800 | 8.9% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to the United States in 2022:
- Mexico (116.7M units)
- Dominican Republic (69.5M units)
- China (14.5M units)
- Germany (10.1M units)
- Italy (9.3M units)
Exports of Automatic Circuit Breakers for Under 1000 V in the United States
In 2022, exports of automatic circuit breakers for under 1000 v from the United States expanded to 44M units, surging by 2% compared with 2021. The total export volume increased at an average annual rate of +1.3% 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 when exports increased by 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of automatic circuit breakers for under 1000 v surged to $864M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Automatic Circuit Breakers for Under 1000 V in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 173 | 159 | 215 | 295 | 19.5% |
| Mexico | 180 | 185 | 215 | 249 | 11.4% |
| Dominican Republic | 53.0 | 74.0 | 81.9 | 84.3 | 16.7% |
| China | 11.9 | 14.7 | 20.0 | 23.2 | 24.9% |
| South Korea | 20.2 | 22.7 | 19.6 | 14.5 | -10.5% |
| Philippines | 3.5 | 2.8 | 11.2 | 14.0 | 58.7% |
| Costa Rica | 4.7 | 5.9 | 8.8 | 11.9 | 36.3% |
| Hong Kong SAR | 18.4 | 7.5 | 7.7 | 8.5 | -22.7% |
| Ecuador | 4.8 | 5.0 | 8.0 | 8.2 | 19.5% |
| Panama | 6.0 | 2.6 | 4.8 | 7.9 | 9.6% |
| Guatemala | 4.4 | 4.5 | 6.0 | 6.1 | 11.5% |
| Others | 100 | 94.1 | 120 | 142 | 12.4% |
| Total | 580 | 578 | 718 | 864 | 14.2% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from the United States in 2022:
- Canada (16.4M units)
- Mexico (13.2M units)
- Ecuador (1.4M units)
- Costa Rica (1.3M units)
- Philippines (1.1M units)
- Dominican Republic (1.0M units)
- Panama (0.9M units)
- Guatemala (0.8M units)
- China (0.6M units)
- Hong Kong SAR (0.5M units)
- South Korea (0.1M units)
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