Price for Electrical Push-Button and Rotary Switch in Angola - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Angola (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Angola (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Angola
- Exports of Electrical Push-Button and Rotary Switch in Angola
Price for Electrical Push-Button and Rotary Switch in Angola (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $0.5 per unit in 2022, rising by 8.6% against the previous year. In general, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 an increase of 23% against the previous year. The import price peaked at $0.7 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1.5 per unit), while the price for China ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Push-Button and Rotary Switch in Angola (FOB) - 2022
The average export price for electrical push-button and rotary switches for under 1000 v stood at $0.7 per unit in 2022, which is down by -28.3% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 127% against the previous year. The export price peaked at $2.2 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($1.1 per unit), while the average price for exports to Botswana (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 Ghana (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Push-Button and Rotary Switch in Angola
In 2022, supplies from abroad of electrical push-button and rotary switches for under 1000 v increased by 29% to 12M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a pronounced setback. Over the period under review, imports attained the peak figure at 13M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical push-button and rotary switch imports skyrocketed to $6.6M in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Push-Button and Rotary Switch in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,590 | 2,010 | 1,357 | 1,934 | 6.7% |
| Portugal | 1,236 | 1,291 | 1,307 | 1,582 | 8.6% |
| South Africa | 267 | 99.1 | 254 | 338 | 8.2% |
| Turkey | 365 | 268 | 203 | 251 | -11.7% |
| Others | 1,369 | 1,160 | 1,568 | 2,458 | 21.5% |
| Total | 4,827 | 4,829 | 4,688 | 6,562 | 10.8% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Angola in 2022:
- China (8.3M units)
- Portugal (2.2M units)
- Turkey (0.7M units)
- South Africa (0.3M units)
Exports of Electrical Push-Button and Rotary Switch in Angola
In 2022, shipments abroad of electrical push-button and rotary switches for under 1000 v decreased by -38.6% to 42K units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a pronounced descent. The growth pace was the most rapid in 2020 with an increase of 299%. As a result, the exports reached the peak of 184K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electrical push-button and rotary switch exports declined sharply to $31K in 2022. In general, exports showed a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 6.5%. As a result, the exports reached the peak of $109K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Electrical Push-Button and Rotary Switch in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | N/A | 5.1 | 0% |
| South Africa | N/A | 38.4 | 36.0 | 3.5 | -69.8% |
| Portugal | 1.2 | N/A | N/A | 2.4 | 26.0% |
| Belgium | N/A | 0.4 | 2.6 | 0.7 | 32.3% |
| Botswana | N/A | N/A | N/A | 0.5 | 0% |
| Senegal | 1.1 | N/A | N/A | N/A | 0% |
| Malaysia | 5.6 | N/A | N/A | N/A | 0% |
| United Kingdom | 2.1 | N/A | N/A | N/A | 0% |
| France | N/A | 21.0 | N/A | N/A | 0% |
| Central African Republic | N/A | 22.9 | N/A | N/A | 0% |
| Ghana | N/A | N/A | 29.2 | N/A | 0% |
| Others | 92.1 | 25.9 | 1.9 | 18.4 | -41.5% |
| Total | 102 | 109 | 69.7 | 30.7 | -33.0% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Angola in 2022:
- Mozambique (15.8K units)
- Botswana (14.6K units)
- Portugal (6.0K units)
- South Africa (3.1K units)
- Belgium (1.7K units)
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