Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.2 per unit in 2022, jumping by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Mexico ($0.2 per unit), while the price for Germany ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.1%), 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 Canada (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, dropping by -7.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 when the average export price increased by 14% against the previous year. As a result, the export price attained the peak level of $0.1 per unit, and then contracted in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($0.1 per unit), while the average price for exports to Mexico ($0.1 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 the United States (+1.0%).
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into Canada declined modestly to 3.5B units, reducing by -3.2% on the year before. Overall, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked at 4B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose significantly to $537M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 158 | 136 | 153 | 189 | 6.2% |
| China | 70.5 | 69.2 | 101 | 114 | 17.4% |
| Mexico | 88.8 | 62.5 | 89.2 | 99.6 | 3.9% |
| Germany | 29.7 | 28.9 | 38.3 | 33.7 | 4.3% |
| India | 12.8 | 8.7 | 13.1 | 16.3 | 8.4% |
| Taiwan (Chinese) | 9.8 | 9.6 | 12.2 | 14.0 | 12.6% |
| United Kingdom | 10.7 | 10.6 | 9.5 | 12.6 | 5.6% |
| Japan | 11.6 | 8.0 | 8.5 | 9.8 | -5.5% |
| Switzerland | 2.3 | 2.9 | 12.6 | 8.2 | 52.8% |
| Italy | 12.9 | 3.0 | 4.3 | 6.0 | -22.5% |
| Others | 33.7 | 27.5 | 33.2 | 33.9 | 0.2% |
| Total | 441 | 367 | 475 | 537 | 6.8% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Canada in 2022:
- United States (1340.8M units)
- China (764.1M units)
- Mexico (443.9M units)
- Germany (253.7M units)
- India (110.5M units)
- United Kingdom (91.4M units)
- Taiwan (Chinese) (88.1M units)
- Japan (59.5M units)
- Switzerland (57.8M units)
- Italy (45.5M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada
In 2022, shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment was finally on the rise to reach 1.3B units after two years of decline. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose remarkably to $162M in 2022. The total export value increased at an average annual rate of +5.4% over the period 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 7.7% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 109 | 105 | 115 | 131 | 6.3% |
| Mexico | 7.1 | 10.3 | 10.4 | 9.3 | 9.4% |
| Norway | 2.8 | 4.9 | 2.3 | 0.4 | -47.7% |
| Others | 18.7 | 19.9 | 23.9 | 20.6 | 3.3% |
| Total | 138 | 140 | 151 | 162 | 5.5% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Canada in 2022:
- United States (1116.3M units)
- Mexico (84.4M units)
- Norway (3.6M units)
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