Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Russia - 2022

Contents:

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

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

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $46 per thousand units, shrinking by -15.4% against the previous year. In general, the import price showed a perceptible descent. The pace of growth was the most pronounced in 2016 an increase of 45%. As a result, import price attained the peak level of $78 per thousand units. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($118 per thousand units), while the price for Kazakhstan ($14 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), 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 Russia (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $40 per thousand units, remaining stable against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 36%. The export price peaked at $79 per thousand units in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($115 per thousand units), while the average price for exports to Lithuania ($16 per thousand units) 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 (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Russia

In 2022, after three years of growth, there was decline in purchases abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment, when their volume decreased by -4.5% to 5.9B units. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 4.4% against the previous year. As a result, imports attained the peak of 6.1B units, and then contracted modestly in the following year.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment fell significantly to $270M in 2022. Overall, imports saw a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of $333M, and then shrank significantly in the following year.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China76.479.299.615125.5%
Turkey8.414.315.336.963.8%
Germany80.770.789.519.3-37.9%
Italy14.116.411.38.0-17.2%
France19.915.213.04.3-40.0%
Poland12.78.38.74.1-31.4%
Hungary7.47.26.63.1-25.2%
Kazakhstan0.10.40.22.3184.4%
Finland7.58.09.21.6-40.2%
Belarus5.85.56.4N/A5.0%
Others68.669.673.639.3-16.9%
Total301295333270-3.6%

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

  1. China (3686.8M units)
  2. Turkey (1111.2M units)
  3. Kazakhstan (163.9M units)
  4. Germany (162.7M units)
  5. Italy (133.7M units)
  6. Hungary (130.1M units)
  7. Poland (69.3M units)
  8. France (50.9M units)
  9. Finland (11.8M units)

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

After three years of growth, overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -47.1% to 510M units in 2022. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. As a result, the exports reached the peak of 964M units, and then reduced dramatically in the following year.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment fell rapidly to $20M in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. As a result, the exports reached the peak of $38M, and then dropped rapidly in the following year.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan7.67.28.47.80.9%
United StatesN/AN/A1.13.5218.2%
Armenia0.40.31.21.140.1%
Uzbekistan1.71.01.61.0-16.2%
United Arab Emirates1.31.72.10.8-14.9%
Kyrgyzstan0.30.20.70.626.0%
Lithuania0.10.1N/A0.226.0%
Ukraine0.30.40.70.1-30.7%
Belarus13.811.113.0N/A-2.9%
Others5.34.49.05.0-1.9%
Total31.026.337.720.2-13.3%

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

  1. Kazakhstan (291.5M units)
  2. Uzbekistan (38.5M units)
  3. United States (30.6M units)
  4. Armenia (29.9M units)
  5. United Arab Emirates (26.3M units)
  6. Kyrgyzstan (24.6M units)
  7. Lithuania (10.8M units)
  8. Ukraine (4.5M units)

Source: IndexBox Market Intelligence Platform

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