Price for Electrical Push-Button and Rotary Switch in Egypt - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Egypt (FOB) - 2022
- Price for Electrical Push-Button and Rotary Switch in Egypt (CIF) - 2022
- Exports of Electrical Push-Button and Rotary Switch in Egypt
- Imports of Electrical Push-Button and Rotary Switch in Egypt
Price for Electrical Push-Button and Rotary Switch in Egypt (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $3.2 per unit, surging by 3.6% against the previous year. Over the period under review, the export price enjoyed notable growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 148%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($3.2 per unit) and Japan ($3.2 per unit), while the average price for exports to Slovakia ($3.2 per unit) and the UK ($3.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Egypt (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $3.1 per unit, rising by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($3.1 per unit) and India ($3.1 per unit), while the price for Italy ($3.1 per unit) and China ($3.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Push-Button and Rotary Switch in Egypt
In 2022, electrical push-button and rotary switch exports from Egypt dropped to 19M units, reducing by -13.6% against the previous year's figure. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of 21M units, and then reduced in the following year.
In value terms, electrical push-button and rotary switch exports dropped to $60M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 53%. As a result, the exports reached the peak of $67M, and then contracted in the following year.
| Export of Electrical Push-Button and Rotary Switch in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.4 | 17.5 | 24.8 | 24.5 | 29.0% |
| United Kingdom | 10.7 | 8.4 | 13.6 | 14.2 | 9.9% |
| Malta | 8.9 | 7.0 | 7.9 | 5.1 | -16.9% |
| Czech Republic | 0.2 | 0.7 | 1.7 | 4.6 | 184.4% |
| Japan | 7.5 | 2.4 | 6.5 | 3.1 | -25.5% |
| Germany | 1.3 | 2.0 | 2.4 | 2.7 | 27.6% |
| Indonesia | N/A | 0.9 | 2.8 | 2.6 | 70.0% |
| Mexico | 2.7 | 1.2 | 1.1 | 0.9 | -30.7% |
| Slovakia | 2.3 | 0.4 | 1.5 | 0.2 | -55.7% |
| Others | 5.4 | 3.3 | 4.4 | 2.1 | -27.0% |
| Total | 50.4 | 43.8 | 66.8 | 59.8 | 5.9% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Egypt in 2022:
- France (7.6M units)
- United Kingdom (4.4M units)
- Malta (1.6M units)
- Czech Republic (1.4M units)
- Japan (1.0M units)
- Indonesia (0.8M units)
- Germany (0.8M units)
- Mexico (0.3M units)
- Slovakia (0.1M units)
Imports of Electrical Push-Button and Rotary Switch in Egypt
In 2022, purchases abroad of electrical push-button and rotary switches for under 1000 v was finally on the rise to reach 18M units after two years of decline. In general, imports, however, recorded a noticeable contraction. Imports peaked at 21M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical push-button and rotary switch imports surged to $56M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Push-Button and Rotary Switch in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.1 | 15.3 | 17.9 | 26.2 | 15.3% |
| Italy | 3.2 | 3.0 | 3.0 | 4.4 | 11.2% |
| Thailand | 4.0 | 3.3 | 2.6 | 3.1 | -8.1% |
| Spain | 1.8 | 1.3 | 2.3 | 3.0 | 18.6% |
| Germany | 2.4 | 2.1 | 2.3 | 2.3 | -1.4% |
| United States | 3.3 | 2.7 | 2.4 | 2.1 | -14.0% |
| Indonesia | 0.2 | 0.4 | 0.6 | 1.5 | 95.7% |
| Taiwan (Chinese) | 1.5 | 0.9 | 0.8 | 1.5 | 0.0% |
| South Korea | 7.2 | 4.5 | 0.4 | 1.5 | -40.7% |
| Turkey | 1.8 | 1.3 | 2.5 | 1.4 | -8.0% |
| Finland | 1.3 | 1.4 | 1.5 | 1.3 | 0.0% |
| India | 1.4 | 1.1 | 1.4 | 1.3 | -2.4% |
| Japan | 0.9 | 1.3 | 1.5 | 1.1 | 6.9% |
| Others | 6.0 | 6.6 | 6.9 | 5.8 | -1.1% |
| Total | 52.2 | 45.4 | 46.0 | 56.4 | 2.6% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Egypt in 2022:
- China (8.4M units)
- Italy (1.4M units)
- Thailand (1.0M units)
- Spain (1.0M units)
- United States (0.7M units)
- Germany (0.7M units)
- Indonesia (0.5M units)
- Taiwan (Chinese) (0.5M units)
- South Korea (0.5M units)
- Turkey (0.4M units)
- Finland (0.4M units)
- India (0.4M units)
- Japan (0.3M units)
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