Price for Electrical Push-Button and Rotary Switch in Argentina - 2023
Contents:
- Price for Electrical Push-Button and Rotary Switch in Argentina (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Argentina (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Argentina
- Exports of Electrical Push-Button and Rotary Switch in Argentina
Price for Electrical Push-Button and Rotary Switch in Argentina (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $1 per unit, with an increase of 9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($2.3 per unit), while the price for Thailand ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Argentina (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $0.8 per unit, shrinking by -5.4% against the previous year. In general, the export price recorded a mild setback. The growth pace was the most rapid in 2016 an increase of 30%. The export price peaked at $1 per unit in 2014; however, from 2015 to 2022, the 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 Bolivia ($1.2 per unit), while the average price for exports to Uruguay ($0.6 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 Paraguay (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Argentina
In 2022, approx. 144M units of electrical push-button and rotary switches for under 1000 v were imported into Argentina; with an increase of 13% on the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electrical push-button and rotary switch imports skyrocketed to $147M in 2022. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Push-Button and Rotary Switch in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 16.0 | 20.0 | 26.4 | 33.9% |
| Thailand | 11.7 | 10.3 | 16.9 | 19.8 | 19.2% |
| Japan | 10.9 | 6.8 | 13.4 | 15.5 | 12.5% |
| Brazil | 9.6 | 4.7 | 7.6 | 15.0 | 16.0% |
| Mexico | 1.4 | 4.2 | 6.9 | 8.4 | 81.7% |
| United States | 8.7 | 6.0 | 6.0 | 7.3 | -5.7% |
| Germany | 6.5 | 4.6 | 6.0 | 6.6 | 0.5% |
| Italy | 2.4 | 2.1 | 3.2 | 3.8 | 16.6% |
| Czech Republic | 2.6 | 2.7 | 3.4 | 3.4 | 9.4% |
| France | 2.2 | 1.9 | 2.8 | 2.9 | 9.6% |
| Bulgaria | 0.6 | 0.8 | 2.6 | 1.9 | 46.8% |
| Spain | 1.4 | 1.3 | 1.9 | 1.3 | -2.4% |
| Others | 17.0 | 14.8 | 27.6 | 34.3 | 26.4% |
| Total | 86.2 | 76.2 | 118 | 147 | 19.5% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Argentina in 2022:
- Thailand (35.3M units)
- China (34.0M units)
- Japan (23.3M units)
- Brazil (16.0M units)
- Mexico (3.6M units)
- Italy (3.5M units)
- Czech Republic (3.3M units)
- Germany (3.2M units)
- Bulgaria (3.1M units)
- France (2.6M units)
- United States (1.9M units)
- Spain (1.7M units)
Exports of Electrical Push-Button and Rotary Switch in Argentina
After two years of decline, shipments abroad of electrical push-button and rotary switches for under 1000 v increased by 17% to 5.9M units in 2022. In general, exports, however, continue to indicate a deep setback. Over the period under review, the exports hit record highs at 7.4M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electrical push-button and rotary switch exports expanded markedly to $5M in 2022. Overall, exports, however, showed a abrupt slump. The exports peaked at $6.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Push-Button and Rotary Switch in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 701 | 467 | 639 | 1,016 | 13.2% |
| Chile | 750 | 774 | 1,280 | 922 | 7.1% |
| Brazil | 632 | 396 | 433 | 687 | 2.8% |
| Paraguay | 1,067 | 362 | 407 | 499 | -22.4% |
| Peru | 370 | 516 | 409 | 332 | -3.5% |
| Colombia | 561 | 467 | 223 | 269 | -21.7% |
| Australia | 43.5 | 57.6 | N/A | 161 | 54.7% |
| Bolivia | 387 | 154 | 189 | 101 | -36.1% |
| Others | 1,904 | 1,217 | 943 | 1,026 | -18.6% |
| Total | 6,416 | 4,411 | 4,523 | 5,013 | -7.9% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Argentina in 2022:
- Uruguay (1725.3K units)
- Chile (1073.6K units)
- Brazil (951.6K units)
- Paraguay (558.4K units)
- Peru (461.3K units)
- Colombia (411.9K units)
- Australia (189.6K units)
- Bolivia (84.4K units)
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