Price for Electrical Push-Button and Rotary Switch in Greece - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Greece (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Greece (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Greece
- Exports of Electrical Push-Button and Rotary Switch in Greece
Price for Electrical Push-Button and Rotary Switch in Greece (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $0.7 per unit in 2022, falling by -29.1% against the previous year. Overall, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 65%. The import price peaked at $1.1 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($1 per unit), while the price for China ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Greece (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $1 per unit, waning by -16.5% against the previous year. Over the period under review, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 29%. The export price peaked at $1.7 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($2.2 per unit), while the average price for exports to Bulgaria ($0.3 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 Poland (+5.6%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Push-Button and Rotary Switch in Greece
In 2022, approx. 51M units of electrical push-button and rotary switches for under 1000 v were imported into Greece; surging by 50% against the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical push-button and rotary switch imports rose sharply to $36M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electrical Push-Button and Rotary Switch in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.8 | 6.2 | 7.3 | 6.6 | 4.4% |
| Hungary | 4.2 | 4.9 | 5.9 | 6.2 | 13.9% |
| France | 4.0 | 3.8 | 4.1 | 4.9 | 7.0% |
| Italy | 3.3 | 3.6 | 4.4 | 4.6 | 11.7% |
| China | 2.1 | 2.2 | 2.3 | 4.5 | 28.9% |
| Turkey | 1.0 | 0.8 | 0.8 | 0.9 | -3.5% |
| Bulgaria | 0.2 | 0.6 | 1.9 | 0.9 | 65.1% |
| Others | 7.5 | 5.0 | 7.1 | 7.1 | -1.8% |
| Total | 28.1 | 27.1 | 33.7 | 35.8 | 8.4% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Greece in 2022:
- China (16.0M units)
- Hungary (8.0M units)
- Italy (7.2M units)
- Germany (6.9M units)
- France (6.0M units)
- Turkey (1.6M units)
- Bulgaria (0.9M units)
Exports of Electrical Push-Button and Rotary Switch in Greece
In 2022, electrical push-button and rotary switch exports from Greece expanded significantly to 6.2M units, surging by 15% on 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electrical push-button and rotary switch exports contracted to $6.4M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, the exports attained the peak of $6.7M, and then declined modestly in the following year.
| Export of Electrical Push-Button and Rotary Switch in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 2,094 | 1,718 | 2,445 | 1,973 | -2.0% |
| Poland | 318 | 279 | 589 | 797 | 35.8% |
| France | 506 | 360 | 520 | 790 | 16.0% |
| Bulgaria | 188 | 270 | 225 | 521 | 40.5% |
| Italy | 686 | 585 | 927 | 315 | -22.9% |
| Belgium | 275 | 117 | 406 | 259 | -2.0% |
| Romania | 45.6 | 106 | 180 | 214 | 67.4% |
| Hungary | 29.6 | 8.4 | 110 | 172 | 79.8% |
| Others | 1,033 | 1,285 | 1,310 | 1,386 | 10.3% |
| Total | 5,175 | 4,728 | 6,713 | 6,427 | 7.5% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Greece in 2022:
- Cyprus (2081.2K units)
- Bulgaria (1669.4K units)
- France (478.0K units)
- Poland (370.5K units)
- Italy (352.0K units)
- Hungary (252.5K units)
- Romania (178.3K units)
- Belgium (163.8K units)
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