Price for Automatic Circuit Breakers for Under 1000 V in Turkey - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Turkey (CIF) - 2024
- Price for Automatic Circuit Breakers for Under 1000 V in Turkey (FOB) - 2024
- Imports of Automatic Circuit Breakers for Under 1000 V in Turkey
- Exports of Automatic Circuit Breakers for Under 1000 V in Turkey
Price for Automatic Circuit Breakers for Under 1000 V in Turkey (CIF) - 2024
The average import price for automatic circuit breakers for under 1000 v stood at $24.5 per unit in February 2024, which is down by -9.1% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average import price increased by 23% against the previous month. Over the period under review, average import prices hit record highs at $26.9 per unit in January 2024, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($16.6 per unit), while the price for Thailand ($4.8 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 Bulgaria (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in Turkey (FOB) - 2024
In February 2024, the average export price for automatic circuit breakers for under 1000 v amounted to $28.5 per unit, shrinking by -27.7% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2024 when the average export price increased by 68% month-to-month. As a result, the export price attained the peak level of $39.4 per unit, and then reduced sharply in the following month.
There were significant differences in the average prices for the major external markets. In February 2024, the country with the highest price was Russia ($18.3 per unit), while the average price for exports to the Czech Republic ($7.1 per unit) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in Turkey
In 2022, the amount of automatic circuit breakers for under 1000 v imported into Turkey surged to 31M units, with an increase of 16% compared with the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 25%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of automatic circuit breakers for under 1000 v soared to $235M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Automatic Circuit Breakers for Under 1000 V in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.9 | 30.0 | 45.8 | 59.2 | 43.8% |
| Italy | 23.2 | 35.4 | 45.3 | 56.0 | 34.1% |
| Germany | 23.5 | 25.8 | 23.5 | 31.5 | 10.3% |
| Czech Republic | 17.4 | 20.7 | 28.8 | 31.0 | 21.2% |
| India | 7.3 | 11.7 | 11.4 | 13.2 | 21.8% |
| France | 10.7 | 11.6 | 7.4 | 9.6 | -3.6% |
| Romania | 5.1 | 6.1 | 6.2 | 6.6 | 9.0% |
| Thailand | 3.9 | 6.4 | 4.9 | 3.6 | -2.6% |
| Others | 20.2 | 19.9 | 21.6 | 24.5 | 6.6% |
| Total | 131 | 168 | 195 | 235 | 21.5% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Turkey in 2022:
- China (14.0M units)
- Italy (5.1M units)
- India (2.4M units)
- Czech Republic (2.2M units)
- Germany (2.1M units)
- Thailand (1.0M units)
- Romania (0.9M units)
- France (0.7M units)
Exports of Automatic Circuit Breakers for Under 1000 V in Turkey
In 2022, approx. 16M units of automatic circuit breakers for under 1000 v were exported from Turkey; growing by 17% against the previous year's figure. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% 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 increased by +51.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of automatic circuit breakers for under 1000 v skyrocketed to $129M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 increased by +61.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Automatic Circuit Breakers for Under 1000 V in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 34.7 | 37.0 | 43.2 | 51.8 | 14.3% |
| Iran | 8.9 | 15.3 | 14.4 | 19.1 | 29.0% |
| Czech Republic | 4.6 | 6.8 | 7.8 | 9.3 | 26.4% |
| Azerbaijan | 5.2 | 5.4 | 7.1 | 6.4 | 7.2% |
| Italy | 4.9 | 4.9 | 4.9 | 5.8 | 5.8% |
| Iraq | 3.2 | 4.1 | 4.6 | 3.7 | 5.0% |
| Spain | 1.0 | 2.0 | 2.0 | 3.7 | 54.7% |
| Georgia | 2.0 | 1.8 | 1.8 | 2.8 | 11.9% |
| Turkmenistan | 0.3 | 0.5 | 0.9 | 2.4 | 100.0% |
| United Kingdom | 0.7 | 0.8 | 2.8 | 1.4 | 26.0% |
| Libya | 2.8 | 0.5 | 0.9 | 1.0 | -29.1% |
| Algeria | 0.8 | 0.8 | 1.4 | 0.7 | -4.4% |
| Others | 11.1 | 11.2 | 14.2 | 21.3 | 24.3% |
| Total | 80.2 | 91.0 | 106 | 129 | 17.2% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Turkey in 2022:
- France (6.1M units)
- Czech Republic (2.1M units)
- Iran (1.4M units)
- Azerbaijan (0.8M units)
- Iraq (0.7M units)
- Italy (0.6M units)
- Spain (0.6M units)
- Georgia (0.4M units)
- Turkmenistan (0.4M units)
- United Kingdom (0.2M units)
- Libya (0.1M units)
- Algeria (0.1M units)
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