Price for Electrical Push-Button and Rotary Switch in Azerbaijan - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Azerbaijan (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Azerbaijan (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Azerbaijan
- Exports of Electrical Push-Button and Rotary Switch in Azerbaijan
Price for Electrical Push-Button and Rotary Switch in Azerbaijan (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $0.5 per unit, with an increase of 30% against the previous year. Over the period under review, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2.5 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 Turkey (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Azerbaijan (FOB) - 2022
The average export price for electrical push-button and rotary switches for under 1000 v stood at $7.2 per unit in 2022, picking up by 511% against the previous year. In general, the export price enjoyed significant growth. The growth pace was the most rapid in 2014 an increase of 964%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($27 per unit), while the average price for exports to Luxembourg ($2.5 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 Russia (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Azerbaijan
In 2022, after three years of growth, there was significant decline in overseas purchases of electrical push-button and rotary switches for under 1000 v, when their volume decreased by -27.8% to 13M units. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 21%. Over the period under review, imports attained the maximum at 18M units in 2021, and then fell markedly in the following year.
In value terms, electrical push-button and rotary switch imports dropped to $6.4M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of $6.8M, and then shrank in the following year.
| Import of Electrical Push-Button and Rotary Switch in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,330 | 1,918 | 2,426 | 1,722 | 9.0% |
| Turkey | 657 | 716 | 970 | 1,175 | 21.4% |
| Italy | 522 | 649 | 639 | 513 | -0.6% |
| Russia | 449 | 136 | 147 | 208 | -22.6% |
| South Korea | 53.5 | 371 | 73.4 | 84.3 | 16.4% |
| Ukraine | 198 | 88.3 | 12.9 | 5.0 | -70.7% |
| Others | 1,854 | 1,560 | 2,541 | 2,665 | 12.9% |
| Total | 5,063 | 5,439 | 6,810 | 6,373 | 8.0% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Azerbaijan in 2022:
- China (7.9M units)
- Turkey (3.9M units)
- Russia (0.5M units)
- Italy (0.2M units)
- South Korea (0.1M units)
Exports of Electrical Push-Button and Rotary Switch in Azerbaijan
In 2022, exports of electrical push-button and rotary switches for under 1000 v from Azerbaijan skyrocketed to 9.1K units, surging by 493% against the year before. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical push-button and rotary switch exports surged to $65K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Push-Button and Rotary Switch in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 0.1 | 26.8 | 26700.0% |
| France | N/A | N/A | N/A | 14.1 | 0% |
| Portugal | N/A | N/A | N/A | 13.2 | 0% |
| United Kingdom | 1.2 | 10.4 | N/A | 3.5 | 42.9% |
| Luxembourg | 0.2 | 1.5 | N/A | 2.8 | 141.0% |
| Georgia | N/A | N/A | 0.2 | 1.4 | 600.0% |
| Belgium | N/A | 7.8 | 0.2 | 0.8 | -68.0% |
| Germany | N/A | N/A | 0.4 | 0.7 | 75.0% |
| Kazakhstan | 2.1 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 1.0 | N/A | N/A | 0% |
| Ukraine | 0.3 | 0.4 | N/A | N/A | 33.3% |
| Others | 3.7 | N/A | 0.8 | 1.8 | -21.4% |
| Total | 7.5 | 21.0 | 1.8 | 65.1 | 105.5% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Azerbaijan in 2022:
- France (3.2K units)
- Russia (1.8K units)
- Luxembourg (1.1K units)
- United Kingdom (1.0K units)
- Georgia (0.5K units)
- Portugal (0.5K units)
- Germany (0.3K units)
- Belgium (0.1K units)
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