Price for Electrical Push-Button and Rotary Switch in Estonia - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Estonia (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Estonia (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Estonia
- Exports of Electrical Push-Button and Rotary Switch in Estonia
Price for Electrical Push-Button and Rotary Switch in Estonia (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $2 per unit in 2022, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2021 when the average import price increased by 27%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5.1 per unit), while the price for Belgium ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Estonia (FOB) - 2022
The average export price for electrical push-button and rotary switches for under 1000 v stood at $1.4 per unit in 2022, with an increase of 29% against the previous year. In general, the export price, however, showed a abrupt setback. The export price peaked at $2.7 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($6 per unit), while the average price for exports to Norway ($0.4 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 China (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Estonia
In 2022, supplies from abroad of electrical push-button and rotary switches for under 1000 v decreased by -19.3% to 13M units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 7.8% against the previous year. As a result, imports attained the peak of 17M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, electrical push-button and rotary switch imports reduced to $25M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports attained the peak of $27M, and then contracted in the following year.
Import of Electrical Push-Button and Rotary Switch in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 7.3 | 9.5 | 8.2 | 7.4 | 0.5% |
Germany | 4.2 | 4.1 | 3.6 | 3.7 | -4.1% |
Sweden | 0.4 | 0.9 | 3.3 | 3.5 | 106.1% |
Latvia | 1.1 | 1.8 | 2.6 | 2.7 | 34.9% |
China | 2.1 | 1.1 | 1.2 | 1.5 | -10.6% |
France | 0.8 | 1.1 | 2.2 | 0.9 | 4.0% |
Poland | 0.6 | 0.8 | 0.6 | 0.5 | -5.9% |
Lithuania | 0.3 | 0.5 | 0.6 | 0.5 | 18.6% |
Belgium | 0.2 | 0.3 | 0.5 | 0.5 | 35.7% |
Italy | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
Turkey | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 4.6 | 2.4 | 3.4 | 3.5 | -8.7% |
Total | 22.2 | 23.0 | 26.7 | 25.4 | 4.6% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Estonia in 2022:
- Finland (4.3M units)
- Latvia (1.6M units)
- Sweden (1.1M units)
- Lithuania (0.8M units)
- Belgium (0.8M units)
- China (0.8M units)
- Germany (0.7M units)
- Poland (0.5M units)
- France (0.4M units)
- Turkey (0.2M units)
- Italy (0.2M units)
Exports of Electrical Push-Button and Rotary Switch in Estonia
Electrical push-button and rotary switch exports from Estonia contracted dramatically to 12M units in 2022, waning by -32.7% on the previous year. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports reached the peak of 18M units, and then contracted dramatically in the following year.
In value terms, electrical push-button and rotary switch exports contracted to $17M in 2022. Overall, exports continue to indicate a deep slump. The smallest decline of -1.7% was in 2020. Over the period under review, the exports hit record highs at $22M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Electrical Push-Button and Rotary Switch in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 7.3 | 7.1 | 3.8 | 3.4 | -22.5% |
Germany | 2.1 | 2.4 | 2.7 | 2.6 | 7.4% |
Denmark | 1.3 | 1.3 | 1.6 | 1.4 | 2.5% |
Finland | 1.2 | 1.1 | 1.0 | 1.1 | -2.9% |
Poland | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
France | 0.4 | 0.3 | 0.5 | 0.7 | 20.5% |
Sweden | 0.3 | 0.3 | 0.4 | 0.7 | 32.6% |
Italy | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
Hungary | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Norway | 2.1 | 2.1 | 2.4 | 0.2 | -54.3% |
Russia | 1.1 | 0.9 | 0.8 | 0.2 | -43.3% |
Others | 5.4 | 5.4 | 5.4 | 5.7 | 1.8% |
Total | 22.3 | 21.9 | 19.8 | 17.1 | -8.5% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Estonia in 2022:
- Denmark (3.5M units)
- Germany (2.4M units)
- Poland (1.6M units)
- Sweden (1.3M units)
- Latvia (0.6M units)
- Finland (0.5M units)
- Norway (0.5M units)
- Italy (0.4M units)
- Hungary (0.4M units)
- France (0.2M units)
- Russia (0.2M units)
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