Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $85 per thousand units in 2022, falling by -12.9% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by +40.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. The import price peaked at $99 per thousand units in 2017; however, from 2018 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 the United States ($263 per thousand units), while the price for Italy ($41 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.1%), 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 Ireland (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, growing by 6.8% against the previous year. In general, the export price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $0.1 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($0.4 per unit), while the average price for exports to Germany (less than $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 South Korea (+15.9%), 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 Ireland

In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into Ireland rose rapidly to 1.7B units, with an increase of 8.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment shrank to $144M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of $152M, and then fell in the following year.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.320.826.132.826.2%
United States29.113.520.024.1-6.1%
United Kingdom21.328.917.620.3-1.6%
Czech Republic2.25.638.817.8100.8%
Italy0.90.71.28.6112.2%
China7.93.78.58.21.3%
Belgium1.14.38.46.883.5%
Others14.717.231.725.820.6%
Total93.694.715214415.4%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Ireland in 2022:

  1. Germany (387.3M units)
  2. United Kingdom (274.4M units)
  3. Italy (213.2M units)
  4. Czech Republic (194.7M units)
  5. China (117.8M units)
  6. United States (91.4M units)
  7. Belgium (89.1M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland

For the fourth year in a row, Ireland recorded growth in overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which increased by 29% to 1.7B units in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 130% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $93M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.58.016.923.045.3%
United Kingdom1.51.612.018.4130.6%
United States22.86.06.112.6-17.9%
Belgium0.10.51.18.3336.2%
Denmark0.20.95.26.2214.1%
Netherlands0.71.96.83.875.7%
France0.31.43.63.1117.8%
Sweden0.70.64.32.960.6%
Switzerland0.13.12.90.10.0%
South Korea0.631.10.1N/A-59.2%
Others16.212.48.314.5-3.6%
Total50.867.367.393.022.3%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Ireland in 2022:

  1. Germany (847.1M units)
  2. United Kingdom (233.9M units)
  3. United States (146.0M units)
  4. Belgium (136.8M units)
  5. Denmark (61.2M units)
  6. Sweden (49.7M units)
  7. Netherlands (34.8M units)
  8. France (29.1M units)
  9. Switzerland (1.2M units)
  10. South Korea (0.1M units)

Source: IndexBox Market Intelligence Platform

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