Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, surging by 4.6% against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 55%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($0.1 per unit) and Mexico ($0.1 per unit), while the price for the United Arab Emirates ($0.1 per unit) and France ($0.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, increasing by 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 60%. As a result, the export price reached the peak level of $0.1 per unit. From 2016 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 highest price was recorded for prices to China ($0.1 per unit) and Indonesia ($0.1 per unit), while the average price for exports to France ($0.1 per unit) and Fiji ($0.1 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 Papua New Guinea (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into Australia rose markedly to 1.3B units, growing by 5.9% compared with the year before. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $178M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.5 | 35.5 | 43.9 | 49.5 | 13.9% |
| United States | 27.1 | 21.7 | 22.7 | 22.6 | -5.9% |
| Germany | 10.3 | 12.8 | 13.3 | 16.2 | 16.3% |
| India | 8.0 | 7.7 | 10.6 | 13.4 | 18.8% |
| Taiwan (Chinese) | 7.2 | 7.5 | 9.5 | 10.2 | 12.3% |
| United Kingdom | 5.8 | 5.8 | 6.5 | 9.7 | 18.7% |
| Mexico | 2.4 | 3.4 | 4.0 | 7.2 | 44.2% |
| France | 7.1 | 9.8 | 6.3 | 6.6 | -2.4% |
| Italy | 2.4 | 2.5 | 3.1 | 4.3 | 21.5% |
| Poland | 1.8 | 1.6 | 2.0 | 3.2 | 21.1% |
| Vietnam | 5.4 | 5.7 | 6.2 | 3.1 | -16.9% |
| United Arab Emirates | N/A | 0.3 | 3.1 | 3.0 | 216.2% |
| Switzerland | 2.2 | 1.9 | 3.1 | 2.8 | 8.4% |
| Others | 23.9 | 22.0 | 26.2 | 25.8 | 2.6% |
| Total | 137 | 138 | 160 | 178 | 9.1% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Australia in 2022:
- China (336.4M units)
- United States (175.9M units)
- Germany (134.6M units)
- India (110.1M units)
- Taiwan (Chinese) (83.6M units)
- United Kingdom (76.7M units)
- France (55.0M units)
- Mexico (49.3M units)
- Italy (35.1M units)
- United Arab Emirates (25.3M units)
- Vietnam (23.9M units)
- Poland (23.2M units)
- Switzerland (20.5M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment exported from Australia shrank markedly to 969M units, which is down by -15.4% on 2021 figures. The total export volume increased at an average annual rate of +2.0% 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 35% against the previous year. As a result, the exports attained the peak of 1.1B units, and then fell significantly in the following year.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment shrank to $113M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $120M, and then shrank in the following year.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 26.9 | 32.3 | 49.3 | 47.0 | 20.4% |
| United States | 8.2 | 9.9 | 11.3 | 10.1 | 7.2% |
| Papua New Guinea | 4.8 | 5.4 | 4.5 | 5.6 | 5.3% |
| Indonesia | 3.0 | 2.9 | 5.3 | 4.5 | 14.5% |
| Singapore | 5.0 | 5.1 | 5.9 | 4.2 | -5.6% |
| China | 4.0 | 3.1 | 5.5 | 3.9 | -0.8% |
| Hong Kong SAR | 3.7 | 2.1 | 6.5 | 3.3 | -3.7% |
| Malaysia | 2.3 | 2.4 | 3.0 | 2.9 | 8.0% |
| France | 2.0 | 2.3 | 1.7 | 2.7 | 10.5% |
| United Kingdom | 2.5 | 3.5 | 2.2 | 2.7 | 2.6% |
| Germany | 1.3 | 1.3 | 1.4 | 2.7 | 27.6% |
| Thailand | 1.3 | 1.4 | 2.5 | 2.3 | 20.9% |
| Fiji | 0.5 | 0.6 | 1.4 | 2.1 | 61.3% |
| Others | 22.2 | 17.2 | 19.4 | 19.0 | -5.1% |
| Total | 87.5 | 89.4 | 120 | 113 | 8.9% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Australia in 2022:
- New Zealand (420.0M units)
- United States (82.7M units)
- Papua New Guinea (46.0M units)
- Indonesia (36.5M units)
- Singapore (35.5M units)
- China (32.0M units)
- Hong Kong SAR (29.6M units)
- Malaysia (26.0M units)
- France (24.4M units)
- United Kingdom (23.8M units)
- Germany (23.0M units)
- Thailand (20.6M units)
- Fiji (19.1M units)
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