Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $67 per thousand units in 2022, reducing by -9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 12%. As a result, import price attained the peak level of $75 per thousand units, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($129 per thousand units), while the price for India ($25 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 Czech Republic (+9.3%), 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 Serbia (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, with a decrease of -6% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 109% against the previous year. Over the period under review, the average export prices hit record highs at $0.1 per unit in 2020; however, from 2021 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 Poland ($0.2 per unit), while the average price for exports to Albania (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 Poland (+14.6%), 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 Serbia
In 2022, after three years of growth, there was decline in overseas purchases of electrical circuit prefabricated elements, connectors, contact elements and other equipment, when their volume decreased by -3.3% to 1.8B units. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 1.8B units, and then reduced slightly in the following year.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment contracted to $119M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $136M, and then declined in the following year.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 31.0 | 30.8 | 38.6 | 32.2 | 1.3% |
| Germany | 19.7 | 22.0 | 29.0 | 25.9 | 9.5% |
| China | 8.8 | 9.2 | 16.2 | 14.1 | 17.0% |
| Italy | 4.6 | 6.5 | 9.0 | 8.5 | 22.7% |
| France | 2.5 | 3.2 | 4.9 | 5.4 | 29.3% |
| Switzerland | 3.3 | 4.8 | 5.1 | 5.1 | 15.6% |
| Czech Republic | 3.5 | 3.2 | 5.4 | 4.6 | 9.5% |
| Austria | 1.9 | 2.0 | 2.7 | 2.8 | 13.8% |
| Romania | 0.9 | 2.5 | 3.1 | 2.6 | 42.4% |
| United States | 5.1 | 2.8 | 2.5 | 2.2 | -24.4% |
| Hungary | 0.9 | 1.0 | 1.5 | 1.3 | 13.0% |
| Turkey | 2.0 | 1.8 | 2.0 | 1.2 | -15.7% |
| India | 0.6 | 0.6 | 0.7 | 1.2 | 26.0% |
| Others | 11.2 | 13.6 | 15.6 | 12.0 | 2.3% |
| Total | 95.9 | 104 | 136 | 119 | 7.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Serbia in 2022:
- South Korea (636.3M units)
- China (223.8M units)
- Germany (216.5M units)
- Italy (160.7M units)
- France (80.0M units)
- Austria (71.6M units)
- Switzerland (61.2M units)
- Romania (49.1M units)
- India (46.0M units)
- Turkey (40.0M units)
- Czech Republic (35.5M units)
- Hungary (32.3M units)
- United States (10.2M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia
In 2022, after three years of growth, there was significant decline in shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment, when their volume decreased by -16.7% to 1B units. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 12%. Over the period under review, the exports of reached the peak figure at 1.2B units in 2021, and then contracted significantly in the following year.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment contracted notably to $101M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 48%. Over the period under review, the exports of attained the maximum at $129M in 2021, and then reduced remarkably in the following year.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 51.2 | 107 | 107 | 77.0 | 14.6% |
| Germany | 2.3 | 4.4 | 6.7 | 7.9 | 50.9% |
| Austria | 0.1 | 0.8 | 2.0 | 1.8 | 162.1% |
| Bosnia and Herzegovina | 1.4 | 1.6 | 1.6 | 1.8 | 8.7% |
| Portugal | N/A | 0.4 | 0.6 | 1.3 | 80.3% |
| Russia | 1.6 | 1.1 | 1.6 | 1.3 | -6.7% |
| Romania | 0.4 | 0.6 | 0.7 | 0.8 | 26.0% |
| Montenegro | 1.0 | 1.0 | 0.8 | 0.8 | -7.2% |
| North Macedonia | 0.5 | 0.8 | 1.7 | 0.8 | 17.0% |
| Croatia | 0.5 | 0.4 | 0.4 | 0.8 | 17.0% |
| Slovenia | 0.4 | 0.4 | 0.6 | 0.6 | 14.5% |
| Slovakia | 19.5 | 0.2 | 0.4 | 0.5 | -70.5% |
| Albania | 0.2 | 0.5 | 0.5 | 0.2 | 0.0% |
| Others | 3.4 | 3.0 | 3.9 | 5.3 | 15.9% |
| Total | 82.4 | 122 | 129 | 101 | 7.0% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Serbia in 2022:
- Poland (495.0M units)
- Germany (95.0M units)
- Bosnia and Herzegovina (53.8M units)
- Austria (49.3M units)
- Portugal (39.4M units)
- Russia (35.4M units)
- Romania (33.8M units)
- Croatia (24.8M units)
- Montenegro (21.0M units)
- North Macedonia (19.2M units)
- Slovenia (16.4M units)
- Albania (11.8M units)
- Slovakia (8.0M units)
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