Price for Electrical Push-Button and Rotary Switch in Croatia - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Croatia (CIF) - 2024
- Price for Electrical Push-Button and Rotary Switch in Croatia (FOB) - 2024
- Imports of Electrical Push-Button and Rotary Switch in Croatia
- Exports of Electrical Push-Button and Rotary Switch in Croatia
Price for Electrical Push-Button and Rotary Switch in Croatia (CIF) - 2024
In February 2024, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $921 per thousand units, waning by -62.8% against the previous month. Over the period under review, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 27% against the previous month. The import price peaked at $2.6 per unit in August 2023; however, from September 2023 to February 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Canada ($5.0 per unit), while the price for Serbia ($339 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by France (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Croatia (FOB) - 2024
The average export price for electrical push-button and rotary switches for under 1000 v stood at $1.2 per unit in February 2024, rising by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 22% against the previous month. Over the period under review, the average export prices attained the peak figure at $1.2 per unit in May 2023; afterwards, it flattened through to February 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Bosnia and Herzegovina ($4.0 per unit), while the average price for exports to Turkey ($727 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Croatia
In 2022, approx. 14M units of electrical push-button and rotary switches for under 1000 v were imported into Croatia; reducing by -19.2% against the previous year's figure. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 6.5%. As a result, imports reached the peak of 17M units, and then declined markedly in the following year.
In value terms, electrical push-button and rotary switch imports totaled $28M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. 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 Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.7 | 5.1 | 6.8 | 6.1 | 2.3% |
| Italy | 5.6 | 5.1 | 3.2 | 3.9 | -11.4% |
| Slovenia | 2.8 | 3.1 | 3.6 | 3.6 | 8.7% |
| Ukraine | 0.2 | 1.1 | 1.7 | 2.3 | 125.7% |
| Austria | 1.8 | 1.6 | 2.1 | 2.2 | 6.9% |
| Hungary | 2.1 | 1.9 | 2.1 | 2.2 | 1.6% |
| Poland | 0.8 | 0.6 | 0.9 | 1.0 | 7.7% |
| China | 0.5 | 0.8 | 1.0 | 1.0 | 26.0% |
| Netherlands | 0.3 | 0.3 | 0.6 | 0.8 | 38.7% |
| Czech Republic | 0.6 | 0.5 | 0.6 | 0.8 | 10.1% |
| Turkey | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Bosnia and Herzegovina | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Serbia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 2.1 | 2.0 | 2.4 | 2.6 | 7.4% |
| Total | 23.4 | 23.0 | 25.9 | 27.7 | 5.8% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Croatia in 2022:
- Slovenia (3.0M units)
- Italy (2.1M units)
- Germany (1.6M units)
- Hungary (1.4M units)
- Turkey (1.1M units)
- Czech Republic (0.7M units)
- Austria (0.7M units)
- Poland (0.6M units)
- China (0.6M units)
- Ukraine (0.4M units)
- Serbia (0.4M units)
- Bosnia and Herzegovina (0.4M units)
- Netherlands (0.3M units)
Exports of Electrical Push-Button and Rotary Switch in Croatia
After three years of growth, shipments abroad of electrical push-button and rotary switches for under 1000 v decreased by -30.7% to 25M units in 2022. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports attained the peak of 35M units, and then declined significantly in the following year.
In value terms, electrical push-button and rotary switch exports dropped sharply to $21M in 2022. In general, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of $28M, and then fell notably in the following year.
| Export of Electrical Push-Button and Rotary Switch in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.4 | 10.0 | 12.7 | 9.5 | -5.9% |
| Italy | 4.0 | 3.9 | 3.1 | 3.3 | -6.2% |
| Turkey | 2.4 | 3.0 | 3.9 | 1.7 | -10.9% |
| United Kingdom | 1.2 | 1.2 | 1.2 | 1.3 | 2.7% |
| Bosnia and Herzegovina | 1.1 | 0.9 | 1.0 | 1.1 | 0.0% |
| Slovenia | 1.2 | 1.0 | 1.3 | 0.8 | -12.6% |
| Serbia | 0.4 | 0.6 | 0.5 | 0.3 | -9.1% |
| Others | 2.5 | 2.9 | 3.9 | 3.3 | 9.7% |
| Total | 24.2 | 23.5 | 27.5 | 21.3 | -4.2% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Croatia in 2022:
- Germany (16.3M units)
- Turkey (2.9M units)
- Italy (1.9M units)
- United Kingdom (0.7M units)
- Slovenia (0.6M units)
- Bosnia and Herzegovina (0.6M units)
- Serbia (0.3M units)
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