Price for Automatic Circuit Breakers for Under 1000 V in Venezuela - 2022

Contents:

  1. Price for Automatic Circuit Breakers for Under 1000 V in Venezuela (CIF) - 2022
  2. Price for Automatic Circuit Breakers for Under 1000 V in Venezuela (FOB) - 2022
  3. Imports of Automatic Circuit Breakers for Under 1000 V in Venezuela
  4. Exports of Automatic Circuit Breakers for Under 1000 V in Venezuela

Price for Automatic Circuit Breakers for Under 1000 V in Venezuela (CIF) - 2022

The average import price for automatic circuit breakers for under 1000 v stood at $4.2 per unit in 2022, surging by 34% against the previous year. In general, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 56%. Over the period under review, average import prices reached the maximum at $16 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the United States ($16 per unit), while the price for China ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Automatic Circuit Breakers for Under 1000 V in Venezuela (FOB) - 2022

The average export price for automatic circuit breakers for under 1000 v stood at $15 per unit in 2022, growing by 9.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 64%. As a result, the export price reached the peak level of $22 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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 Trinidad and Tobago ($52 per unit), while the average price for exports to Panama ($9.1 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 Trinidad and Tobago (+20.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Automatic Circuit Breakers for Under 1000 V in Venezuela

Imports of automatic circuit breakers for under 1000 v into Venezuela skyrocketed to 682K units in 2022, growing by 33% on the year before. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 142%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of automatic circuit breakers for under 1000 v surged to $2.9M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 153% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Automatic Circuit Breakers for Under 1000 V in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico3983807661,19444.2%
China98.31075841,064121.2%
United States62.311.664.118343.2%
Others16814120544938.8%
Total7276391,6202,88958.4%

Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Venezuela in 2022:

  1. China (370.8K units)
  2. Mexico (257.7K units)
  3. United States (11.6K units)

Exports of Automatic Circuit Breakers for Under 1000 V in Venezuela

Exports of automatic circuit breakers for under 1000 v from Venezuela shrank slightly to 333 units in 2022, with a decrease of -3.5% compared with the previous year's figure. Over the period under review, exports continue to indicate a noticeable descent. The smallest decline of -1.4% was in 2021. Over the period under review, the exports of hit record highs at 356 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of automatic circuit breakers for under 1000 v expanded markedly to $4.9K in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. 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 Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,5973,6103,5903,374-2.1%
Trinidad and Tobago5306467801,10127.6%
Germany15413582.023214.6%
New Zealand29.050.011411558.3%
Panama56.056.055.064.04.6%
Jamaica8.0N/AN/AN/A0%
OthersN/A-1.01.0-1.00.0%
Total4,3744,4964,6224,8853.8%

Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Venezuela in 2022:

  1. United States (281.0 units)
  2. Trinidad and Tobago (21.0 units)
  3. New Zealand (9.0 units)
  4. Panama (7.0 units)
  5. Germany (6.0 units)

Source: IndexBox Market Intelligence Platform

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