Price for Automatic Circuit Breakers for Under 1000 V in Vietnam - 2022
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Vietnam (CIF) - 2022
- Price for Automatic Circuit Breakers for Under 1000 V in Vietnam (FOB) - 2022
- Imports of Automatic Circuit Breakers for Under 1000 V in Vietnam
- Exports of Automatic Circuit Breakers for Under 1000 V in Vietnam
Price for Automatic Circuit Breakers for Under 1000 V in Vietnam (CIF) - 2022
The average import price for automatic circuit breakers for under 1000 v stood at $7.5 per unit in 2022, picking up by 8.1% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the maximum at $10 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($15 per unit), while the price for Japan ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Automatic Circuit Breakers for Under 1000 V in Vietnam (FOB) - 2022
The average export price for automatic circuit breakers for under 1000 v stood at $14 per unit in 2022, leveling off at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 18%. As a result, the export price reached the peak level of $15 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($14 per unit) and China ($14 per unit), while the average price for exports to Thailand ($14 per unit) and South Korea ($14 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in Vietnam
In 2022, approx. 17M units of automatic circuit breakers for under 1000 v were imported into Vietnam; waning by -2.3% on 2021. In general, imports saw a slight decline. The smallest decline of less than 0.1% was in 2021. Imports peaked at 18M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of automatic circuit breakers for under 1000 v totaled $129M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Automatic Circuit Breakers for Under 1000 V in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 41.0 | 43.1 | 44.5 | 48.3 | 5.6% |
Singapore | 17.2 | 21.8 | 25.7 | 27.3 | 16.6% |
South Korea | 26.7 | 28.1 | 24.9 | 26.5 | -0.3% |
Japan | 16.0 | 19.4 | 13.5 | 16.3 | 0.6% |
Hong Kong SAR | 1.7 | 4.7 | 6.4 | 2.6 | 15.2% |
Others | 7.5 | 7.5 | 6.9 | 7.7 | 0.9% |
Total | 110 | 125 | 122 | 129 | 5.5% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Vietnam in 2022:
- China (7.9M units)
- South Korea (3.5M units)
- Japan (3.2M units)
- Singapore (1.8M units)
- Hong Kong SAR (0.2M units)
Exports of Automatic Circuit Breakers for Under 1000 V in Vietnam
Exports of automatic circuit breakers for under 1000 v from Vietnam skyrocketed to 5.7M units in 2022, increasing by 46% compared with 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +46.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of automatic circuit breakers for under 1000 v surged to $77M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 44.6 | 46.6 | 38.2 | 55.9 | 7.8% |
South Korea | 3.1 | 5.2 | 9.1 | 12.1 | 57.4% |
Thailand | 3.5 | 2.9 | 2.9 | 3.6 | 0.9% |
United States | N/A | N/A | N/A | 1.8 | 0% |
Hong Kong SAR | 0.8 | 1.2 | 0.6 | 1.4 | 20.5% |
Malaysia | 2.3 | 1.8 | 1.2 | 0.9 | -26.9% |
Others | 2.0 | 1.1 | 1.2 | 1.4 | -11.2% |
Total | 56.4 | 58.8 | 53.3 | 77.0 | 10.9% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Vietnam in 2022:
- Japan (4111.6K units)
- South Korea (889.9K units)
- Thailand (266.2K units)
- United States (128.9K units)
- Hong Kong SAR (104.9K units)
- Malaysia (66.7K units)
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