Price for Electrical Push-Button and Rotary Switch in Belarus - 2022

Contents:

  1. Price for Electrical Push-Button and Rotary Switch in Belarus (CIF) - 2022
  2. Price for Electrical Push-Button and Rotary Switch in Belarus (FOB) - 2022
  3. Imports of Electrical Push-Button and Rotary Switch in Belarus
  4. Exports of Electrical Push-Button and Rotary Switch in Belarus

Price for Electrical Push-Button and Rotary Switch in Belarus (CIF) - 2022

The average import price for electrical push-button and rotary switches for under 1000 v stood at $749 per thousand units in March 2022, with a decrease of -20.6% against the previous month. In general, the import price saw a slight curtailment. The growth pace was the most rapid in September 2021 an increase of 27% month-to-month. As a result, import price attained the peak level of $1.2 per unit. From October 2021 to March 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3.4 per unit), while the price for China ($345 per thousand units) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Push-Button and Rotary Switch in Belarus (FOB) - 2022

The average export price for electrical push-button and rotary switches for under 1000 v stood at $298 per thousand units in March 2022, falling by -29.2% against the previous month. Over the period under review, the export price recorded a pronounced reduction. The pace of growth was the most pronounced in September 2021 an increase of 33% against the previous month. As a result, the export price reached the peak level of $0.5 per unit. From October 2021 to March 2022, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In March 2022, the country with the highest price was Kazakhstan ($283 per thousand units), while the average price for exports to Russia amounted to $263 per thousand units.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Push-Button and Rotary Switch in Belarus

In 2022, approx. 13M units of electrical push-button and rotary switches for under 1000 v were imported into Belarus; shrinking by -57.4% against the previous year. Over the period under review, imports faced a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports attained the peak of 29M units, and then declined sharply in the following year.

In value terms, electrical push-button and rotary switch imports declined significantly to $10M in 2022. In general, imports faced a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of $28M, and then fell remarkably in the following year.

Import of Electrical Push-Button and Rotary Switch in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.46.69.13.2-27.5%
China4.33.54.11.5-29.6%
Germany3.02.43.11.1-28.4%
Italy0.81.01.60.6-9.1%
Poland1.91.10.90.5-35.9%
Turkey0.70.51.20.4-17.0%
Croatia0.50.41.00.4-7.2%
Ukraine1.30.50.30.3-38.7%
Finland0.40.40.70.2-20.6%
Lithuania0.80.50.30.2-37.0%
Others3.74.25.62.0-18.5%
Total25.721.027.910.3-26.3%

Top Suppliers of Electrical Push-Button and Rotary Switch to Belarus in 2022:

  1. China (5.2M units)
  2. Russia (3.3M units)
  3. Turkey (0.8M units)
  4. Ukraine (0.4M units)
  5. Italy (0.4M units)
  6. Lithuania (0.4M units)
  7. Germany (0.4M units)
  8. Poland (0.3M units)
  9. Croatia (0.3M units)
  10. Finland (0.2M units)

Exports of Electrical Push-Button and Rotary Switch in Belarus

In 2022, shipments abroad of electrical push-button and rotary switches for under 1000 v decreased by -90.7% to 1.8M units, falling for the second year in a row after two years of growth. In general, exports saw a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 6.8%. As a result, the exports reached the peak of 22M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, electrical push-button and rotary switch exports dropped rapidly to $932K in 2022. Overall, exports saw a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by 9.2% against the previous year. As a result, the exports attained the peak of $7.9M, and then reduced markedly in the following year.

Export of Electrical Push-Button and Rotary Switch in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.94.85.30.6-50.3%
Ukraine0.91.11.10.1-51.9%
Kazakhstan0.30.40.4N/A15.5%
Others0.80.91.10.1-50.0%
Total6.97.27.90.9-49.3%

Top Export Markets for Electrical Push-Button and Rotary Switch from Belarus in 2022:

  1. Russia (1516.6K units)
  2. Ukraine (128.0K units)
  3. Kazakhstan (89.9K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Electrical Push-Button and Rotary Switches for under 1000 V - Belarus