Price for Electrical Push-Button and Rotary Switch in Iraq - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Iraq (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Iraq (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Iraq
- Exports of Electrical Push-Button and Rotary Switch in Iraq
Price for Electrical Push-Button and Rotary Switch in Iraq (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $0.3 per unit in 2022, picking up by 18% against the previous year. In general, the import price, however, recorded a perceptible shrinkage. Over the period under review, average import prices hit record highs at $0.5 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3.5 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 India (+28.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Push-Button and Rotary Switch in Iraq (FOB) - 2022
The average export price for electrical push-button and rotary switches for under 1000 v stood at $0.6 per unit in 2022, waning by -24.9% against the previous year. Overall, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in 2017 when the average export price increased by 81% against the previous year. The export price peaked at $3.6 per unit in 2019; however, from 2020 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 the Czech Republic ($2.9 per unit), while the average price for exports to Tanzania (less than $0.1 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 Kuwait (+94.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Iraq
In 2022, overseas purchases of electrical push-button and rotary switches for under 1000 v decreased by -19.5% to 152M units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of 257M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, electrical push-button and rotary switch imports declined to $52M in 2022. In general, imports showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 7.4% against the previous year. As a result, imports reached the peak of $71M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Electrical Push-Button and Rotary Switch in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 46.2 | 50.4 | 33.7 | 33.4 | -10.2% |
| United Arab Emirates | 7.2 | 6.9 | 5.0 | 6.8 | -1.9% |
| South Korea | 2.9 | 3.6 | 5.0 | 2.8 | -1.2% |
| Turkey | 4.0 | 3.2 | 2.6 | 2.6 | -13.4% |
| Saudi Arabia | 0.3 | 2.6 | 2.4 | N/A | 182.8% |
| Others | 5.8 | 4.7 | 5.7 | 6.0 | 1.1% |
| Total | 66.5 | 71.4 | 54.3 | 51.6 | -8.1% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Iraq in 2022:
- China (126.0M units)
- United Arab Emirates (12.6M units)
- Turkey (5.2M units)
- South Korea (4.6M units)
Exports of Electrical Push-Button and Rotary Switch in Iraq
After three years of growth, overseas shipments of electrical push-button and rotary switches for under 1000 v decreased by -93.7% to 6.1K units in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 760%. The exports peaked at 96K units in 2021, and then contracted significantly in the following year.
In value terms, electrical push-button and rotary switch exports contracted dramatically to $3.7K in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 562% against the previous year. Over the period under review, the exports hit record highs at $77K in 2021, and then dropped rapidly in the following year.
| Export of Electrical Push-Button and Rotary Switch in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | N/A | N/A | 1.1 | 1.2 | 9.1% |
| Czech Republic | N/A | N/A | N/A | 0.8 | 0% |
| Angola | N/A | N/A | N/A | 0.8 | 0% |
| United Arab Emirates | N/A | N/A | 2.6 | 0.6 | -76.9% |
| Tanzania | N/A | N/A | N/A | 0.2 | 0% |
| Italy | N/A | N/A | 7.8 | N/A | 0% |
| United States | N/A | 9.6 | N/A | N/A | 0% |
| Philippines | N/A | 24.7 | N/A | N/A | 0% |
| Iran | N/A | N/A | 64.9 | N/A | 0% |
| Others | 5.4 | 1.6 | 0.9 | 0.1 | -73.5% |
| Total | 5.4 | 35.9 | 77.4 | 3.7 | -11.8% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Iraq in 2022:
- Tanzania (4.1K units)
- Angola (1.0K units)
- Kuwait (0.4K units)
- Czech Republic (0.3K units)
- United Arab Emirates (0.2K units)
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