Price for Electrical Push-Button and Rotary Switch in Israel - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Israel (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Israel (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Israel
- Exports of Electrical Push-Button and Rotary Switch in Israel
Price for Electrical Push-Button and Rotary Switch in Israel (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, approximately reflecting the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electrical push-button and rotary switch import price increased by +49.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16%. The import price peaked at $3.1 per unit in 2021, and then fell modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($3.1 per unit) and Italy ($3.1 per unit), while the price for France ($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 the United States (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Israel (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, dropping by -12.4% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average export price increased by 51%. Over the period under review, the average export prices reached the peak figure at $3.7 per unit in 2021, and then declined in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($3.2 per unit) and Argentina ($3.2 per unit), while the average price for exports to Australia ($3.2 per unit) and Italy ($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 Argentina (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Israel
In 2022, approx. 21M units of electrical push-button and rotary switches for under 1000 v were imported into Israel; remaining relatively unchanged against 2021 figures. In general, imports recorded a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Imports peaked at 23M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electrical push-button and rotary switch imports fell slightly to $67M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of $67M, leveling off in the following year.
| Import of Electrical Push-Button and Rotary Switch in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.9 | 12.8 | 13.5 | 13.9 | -6.3% |
| Germany | 7.9 | 9.6 | 8.6 | 11.6 | 13.7% |
| Italy | 9.4 | 8.4 | 11.3 | 11.0 | 5.4% |
| China | 6.7 | 5.6 | 11.1 | 9.0 | 10.3% |
| Taiwan (Chinese) | 1.7 | 2.0 | 2.5 | 2.6 | 15.2% |
| Netherlands | 0.8 | 1.7 | 0.6 | 2.4 | 44.2% |
| United Kingdom | 1.4 | 1.7 | 2.0 | 2.0 | 12.6% |
| Spain | 2.6 | 2.2 | 2.8 | 1.7 | -13.2% |
| France | 1.7 | 1.7 | 1.5 | 1.6 | -2.0% |
| Turkey | 0.7 | 1.2 | 1.0 | 1.5 | 28.9% |
| Switzerland | 0.7 | 1.2 | 1.0 | 1.3 | 22.9% |
| Belgium | 0.4 | 0.6 | 0.5 | 1.0 | 35.7% |
| Japan | 1.1 | 0.4 | 1.5 | 0.8 | -10.1% |
| Others | 5.9 | 3.7 | 9.1 | 6.4 | 2.7% |
| Total | 57.8 | 52.6 | 67.3 | 66.8 | 4.9% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Israel in 2022:
- United States (4.5M units)
- Germany (3.7M units)
- Italy (3.5M units)
- China (2.9M units)
- Netherlands (0.8M units)
- Taiwan (Chinese) (0.8M units)
- United Kingdom (0.6M units)
- Spain (0.6M units)
- Turkey (0.5M units)
- France (0.5M units)
- Switzerland (0.4M units)
- Belgium (0.3M units)
- Japan (0.3M units)
Exports of Electrical Push-Button and Rotary Switch in Israel
Electrical push-button and rotary switch exports from Israel surged to 13M units in 2022, increasing by 249% on 2021 figures. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical push-button and rotary switch exports skyrocketed to $42M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Push-Button and Rotary Switch in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.1 | 0.1 | 0.1 | 18.2 | 466.7% |
| Spain | 0.3 | 0.2 | 0.4 | 7.3 | 189.8% |
| Argentina | 0.3 | 1.6 | 2.4 | 6.5 | 178.8% |
| United States | 1.4 | 1.4 | 3.6 | 4.5 | 47.6% |
| India | 0.5 | 1.2 | 0.2 | 1.1 | 30.1% |
| Germany | 0.7 | 0.3 | 0.5 | 0.5 | -10.6% |
| Singapore | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Hong Kong SAR | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| United Kingdom | 1.4 | 0.3 | 0.2 | 0.3 | -40.2% |
| Slovenia | 1.0 | 0.8 | 1.9 | N/A | 37.8% |
| Others | 3.0 | 3.3 | 3.9 | 3.0 | 0.0% |
| Total | 9.3 | 9.7 | 13.8 | 42.1 | 65.4% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Israel in 2022:
- Brazil (5.6M units)
- Spain (2.3M units)
- Argentina (2.0M units)
- United States (1.4M units)
- India (0.3M units)
- Singapore (0.1M units)
- United Kingdom (0.1M units)
- Germany (0.1M units)
- Hong Kong SAR (0.1M units)
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