Price for Electrical Push-Button and Rotary Switch in Estonia - 2024

Contents:

  1. Price for Electrical Push-Button and Rotary Switch in Estonia (CIF) - 2022
  2. Price for Electrical Push-Button and Rotary Switch in Estonia (FOB) - 2022
  3. Imports of Electrical Push-Button and Rotary Switch in Estonia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Finland7.39.58.27.40.5%
Germany4.24.13.63.7-4.1%
Sweden0.40.93.33.5106.1%
Latvia1.11.82.62.734.9%
China2.11.11.21.5-10.6%
France0.81.12.20.94.0%
Poland0.60.80.60.5-5.9%
Lithuania0.30.50.60.518.6%
Belgium0.20.30.50.535.7%
Italy0.40.30.30.40.0%
Turkey0.20.20.20.20.0%
Others4.62.43.43.5-8.7%
Total22.223.026.725.44.6%

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

  1. Finland (4.3M units)
  2. Latvia (1.6M units)
  3. Sweden (1.1M units)
  4. Lithuania (0.8M units)
  5. Belgium (0.8M units)
  6. China (0.8M units)
  7. Germany (0.7M units)
  8. Poland (0.5M units)
  9. France (0.4M units)
  10. Turkey (0.2M units)
  11. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia7.37.13.83.4-22.5%
Germany2.12.42.72.67.4%
Denmark1.31.31.61.42.5%
Finland1.21.11.01.1-2.9%
Poland0.40.40.50.720.5%
France0.40.30.50.720.5%
Sweden0.30.30.40.732.6%
Italy0.40.30.40.2-20.6%
Hungary0.20.20.20.20.0%
Norway2.12.12.40.2-54.3%
Russia1.10.90.80.2-43.3%
Others5.45.45.45.71.8%
Total22.321.919.817.1-8.5%

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

  1. Denmark (3.5M units)
  2. Germany (2.4M units)
  3. Poland (1.6M units)
  4. Sweden (1.3M units)
  5. Latvia (0.6M units)
  6. Finland (0.5M units)
  7. Norway (0.5M units)
  8. Italy (0.4M units)
  9. Hungary (0.4M units)
  10. France (0.2M units)
  11. Russia (0.2M units)

Source: IndexBox Market Intelligence Platform

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