Price for Electrical Push-Button and Rotary Switch in Algeria - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Algeria (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Algeria (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Algeria
- Exports of Electrical Push-Button and Rotary Switch in Algeria
Price for Electrical Push-Button and Rotary Switch in Algeria (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $0.7 per unit, jumping by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. Over the period under review, average import prices attained the peak figure at $0.8 per unit in 2015; however, from 2016 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 Italy ($3.6 per unit), while the price for the United Arab Emirates ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Algeria (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $2.1 per unit, dropping by -18.6% against the previous year. In general, the export price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2018 an increase of 269%. Over the period under review, the average export prices attained the maximum at $2.7 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($5.2 per unit), while the average price for exports to Mali ($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 Cote d'Ivoire (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Algeria
Electrical push-button and rotary switch imports into Algeria dropped significantly to 14M units in 2022, waning by -53.2% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked at 31M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical push-button and rotary switch imports fell dramatically to $11M in 2022. Overall, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked at $21M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Push-Button and Rotary Switch in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 4.5 | 4.9 | 3.3 | -16.7% |
| France | 4.3 | 3.9 | 5.6 | 2.6 | -15.4% |
| Turkey | 1.5 | 1.1 | 1.6 | 0.8 | -18.9% |
| Italy | 2.4 | 0.9 | 0.7 | 0.8 | -30.7% |
| United Arab Emirates | 1.2 | 0.6 | 0.8 | 0.1 | -56.3% |
| Others | 5.5 | 3.8 | 3.4 | 2.9 | -19.2% |
| Total | 20.6 | 14.8 | 17.0 | 10.5 | -20.1% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Algeria in 2022:
- China (7.6M units)
- France (2.4M units)
- Turkey (2.1M units)
- United Arab Emirates (0.6M units)
- Italy (0.2M units)
Exports of Electrical Push-Button and Rotary Switch in Algeria
In 2022, after three years of growth, there was significant decline in shipments abroad of electrical push-button and rotary switches for under 1000 v, when their volume decreased by -49.1% to 13K units. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 384% against the previous year. As a result, the exports attained the peak of 25K units, and then contracted remarkably in the following year.
In value terms, electrical push-button and rotary switch exports contracted notably to $27K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 430% against the previous year. As a result, the exports reached the peak of $64K, and then contracted sharply in the following year.
| Export of Electrical Push-Button and Rotary Switch in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mali | 1.8 | 2.5 | 9.0 | 5.5 | 45.1% |
| Niger | 2.0 | 2.6 | 9.0 | 5.2 | 37.5% |
| Benin | 1.9 | 1.3 | 3.9 | 2.0 | 1.7% |
| Burkina Faso | 0.4 | 0.5 | 1.8 | 1.0 | 35.7% |
| Tunisia | N/A | 0.1 | 0.6 | 0.6 | 144.9% |
| Romania | N/A | N/A | 20.7 | N/A | 0% |
| Others | 4.4 | 5.1 | 19.4 | 12.3 | 40.9% |
| Total | 10.6 | 12.1 | 64.3 | 26.6 | 35.9% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Algeria in 2022:
- Mali (5.3K units)
- Niger (4.2K units)
- Benin (1.3K units)
- Burkina Faso (0.8K units)
- Tunisia (0.2K units)
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