Price for Electrical Push-Button and Rotary Switch in Denmark - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Denmark (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Denmark (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Denmark
- Exports of Electrical Push-Button and Rotary Switch in Denmark
Price for Electrical Push-Button and Rotary Switch in Denmark (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $2.8 per unit, dropping by -16.3% against the previous year. In general, the import price saw a pronounced decline. The pace of growth was the most pronounced in 2018 an increase of 19%. Over the period under review, average import prices reached the peak figure at $3.5 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4.6 per unit), while the price for Belgium ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Denmark (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $3.6 per unit, with an increase of 5.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2013 an increase of 36% against the previous year. As a result, the export price reached the peak level of $3.9 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
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 France ($9.2 per unit), while the average price for exports to Thailand ($1.4 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 France (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Denmark
In 2022, the amount of electrical push-button and rotary switches for under 1000 v imported into Denmark soared to 46M units, picking up by 22% against the previous year. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical push-button and rotary switch imports expanded slightly to $128M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Electrical Push-Button and Rotary Switch in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 63.6 | 62.0 | 70.2 | 67.3 | 1.9% |
| Sweden | 8.9 | 8.8 | 14.3 | 14.5 | 17.7% |
| China | 8.1 | 4.6 | 7.5 | 9.6 | 5.8% |
| Netherlands | 4.0 | 6.4 | 5.8 | 5.5 | 11.2% |
| Belgium | 2.7 | 2.6 | 3.6 | 4.3 | 16.8% |
| Poland | 2.0 | 3.2 | 3.9 | 3.5 | 20.5% |
| Italy | 2.1 | 1.4 | 1.7 | 2.4 | 4.6% |
| France | 1.3 | 1.0 | 1.1 | 2.0 | 15.4% |
| Finland | 3.9 | 4.0 | 2.3 | 0.9 | -38.7% |
| Others | 15.4 | 12.0 | 15.4 | 18.3 | 5.9% |
| Total | 112 | 106 | 126 | 128 | 4.6% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Denmark in 2022:
- Germany (14.7M units)
- Sweden (10.0M units)
- China (5.8M units)
- Belgium (5.0M units)
- Netherlands (1.9M units)
- Italy (1.0M units)
- Poland (0.9M units)
- France (0.8M units)
- Finland (0.6M units)
Exports of Electrical Push-Button and Rotary Switch in Denmark
For the third year in a row, Denmark recorded decline in shipments abroad of electrical push-button and rotary switches for under 1000 v, which decreased by -8.3% to 18M units in 2022. In general, exports saw a deep downturn. The smallest decline of -1.2% was in 2021. Over the period under review, the exports hit record highs at 25M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electrical push-button and rotary switch exports contracted modestly to $63M in 2022. Overall, exports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, the exports hit record highs at $74M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Push-Button and Rotary Switch in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 12.4 | 11.0 | 17.6 | 14.1 | 4.4% |
| France | 6.7 | 6.5 | 8.6 | 9.4 | 11.9% |
| Germany | 8.2 | 4.5 | 5.6 | 6.0 | -9.9% |
| United States | 6.0 | 4.8 | 4.1 | 5.0 | -5.9% |
| Poland | 5.3 | 4.9 | 3.9 | 3.5 | -12.9% |
| China | 8.9 | 2.5 | 2.8 | 3.3 | -28.2% |
| Norway | 3.4 | 2.1 | 2.6 | 2.3 | -12.2% |
| Belgium | 1.1 | 0.7 | 2.1 | 2.1 | 24.1% |
| India | 0.9 | 1.2 | 2.7 | 1.8 | 26.0% |
| Spain | 1.8 | 1.1 | 1.1 | 1.5 | -5.9% |
| United Kingdom | 1.7 | 0.7 | 2.3 | 1.1 | -13.5% |
| Italy | 0.9 | 0.4 | 0.5 | 0.7 | -8.0% |
| Thailand | 0.5 | 0.7 | 0.6 | 0.6 | 6.3% |
| Others | 16.5 | 8.3 | 10.8 | 11.7 | -10.8% |
| Total | 74.4 | 49.4 | 65.3 | 63.2 | -5.3% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Denmark in 2022:
- Sweden (6.4M units)
- Poland (1.5M units)
- Germany (1.4M units)
- United States (1.1M units)
- France (1.0M units)
- Norway (1.0M units)
- India (0.6M units)
- China (0.5M units)
- Belgium (0.4M units)
- Thailand (0.4M units)
- Italy (0.3M units)
- United Kingdom (0.3M units)
- Spain (0.2M units)
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