Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States - 2023
Contents:
- Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States (CIF) - 2023
- Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States (FOB) - 2022
- Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States
- Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States
Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States (CIF) - 2023
In July 2023, the average import price for electrical capacitors; fixed, aluminium electrolytics amounted to $140 per thousand units, falling by -5.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 14% month-to-month. Over the period under review, average import prices hit record highs at $162 per thousand units in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($216 per thousand units), while the price for Taiwan (Chinese) ($43.0 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States (FOB) - 2022
The average export price for electrical capacitors; fixed, aluminium electrolytics stood at $389 per unit in 2022, picking up by 18% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +17.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($758 per unit), while the average price for exports to Malaysia ($239 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+75.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States
In 2022, imports of electrical capacitors; fixed, aluminium electrolytics into the United States expanded notably to 7.1M units, surging by 5.3% compared with the previous year. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 10%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, electrical capacitors; fixed, aluminium electrolytic imports surged to $371M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Japan | 133 | 162 | 151 | 6.6% | |
| China | 30.1 | 39.4 | 54.5 | 34.6% | |
| Malaysia | 23.8 | 33.4 | 53.2 | 49.5% | |
| Indonesia | 11.1 | 15.4 | 22.5 | 42.4% | |
| Taiwan (Chinese) | 1.6 | 2.7 | 3.2 | 41.4% | |
| Others | 51.6 | 66.4 | 87.3 | 30.1% | |
| Total | 252 | 319 | 371 | 21.3% | |
Top Suppliers of Electrical Capacitors; Fixed, Aluminium Electrolytic to the United States in 2022:
- Japan (3.0M units)
- Malaysia (1.4M units)
- China (1.4M units)
- Indonesia (0.8M units)
- Taiwan (Chinese) (0.1M units)
Exports of Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States
After three years of growth, shipments abroad of electrical capacitors; fixed, aluminium electrolytics decreased by -6.1% to 706K units in 2022. Over the period under review, exports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports attained the peak of 752K units, and then shrank in the following year.
In value terms, electrical capacitors; fixed, aluminium electrolytic exports rose rapidly to $275M in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Electrical Capacitors; Fixed, Aluminium Electrolytic in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Mexico | 118 | 154 | 157 | 15.3% | |
| Canada | 11.8 | 15.1 | 18.8 | 26.2% | |
| Malaysia | 8.9 | 10.5 | 16.1 | 34.5% | |
| Hong Kong SAR | 5.2 | 13.1 | 13.0 | 58.1% | |
| China | 9.4 | 12.1 | 10.2 | 4.2% | |
| Germany | 4.6 | 5.9 | 7.9 | 31.0% | |
| Denmark | 3.0 | 2.7 | 3.1 | 1.7% | |
| Others | 31.9 | 34.0 | 49.6 | 24.7% | |
| Total | 193 | 247 | 275 | 19.4% | |
Top Export Markets for Electrical Capacitors; Fixed, Aluminium Electrolytic from the United States in 2022:
- Mexico (481.4K units)
- Malaysia (67.3K units)
- Canada (37.1K units)
- Hong Kong SAR (20.4K units)
- China (13.4K units)
- Germany (11.6K units)
- Denmark (7.6K units)
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