Price for Electrical Push-Button and Rotary Switch in Kuwait - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Kuwait (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Kuwait (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Kuwait
- Exports of Electrical Push-Button and Rotary Switch in Kuwait
Price for Electrical Push-Button and Rotary Switch in Kuwait (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $0.8 per unit in 2022, declining by -12.6% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 decreased by -17.5% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 40%. As a result, import price reached the peak level of $1 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($1.7 per unit), while the price for the United Arab Emirates ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Kuwait (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $0.9 per unit, which is down by -5.1% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 export price increased by +93.1% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 62%. Over the period under review, the average export prices attained the peak figure at $0.9 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($5.3 per unit), while the average price for exports to Hungary (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 South Korea (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Kuwait
Electrical push-button and rotary switch imports into Kuwait skyrocketed to 27M units in 2022, increasing by 21% compared with the previous year's figure. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, electrical push-button and rotary switch imports expanded rapidly to $22M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Electrical Push-Button and Rotary Switch in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.1 | 3.7 | 6.1 | 5.7 | 11.6% |
| China | 1.5 | 0.9 | 2.2 | 2.7 | 21.6% |
| United States | 1.4 | 0.4 | 1.5 | 2.6 | 22.9% |
| Germany | 0.7 | 0.4 | 1.4 | 2.3 | 48.7% |
| United Kingdom | 1.1 | 1.6 | 1.0 | 1.4 | 8.4% |
| Romania | 0.6 | 0.8 | 0.5 | 1.0 | 18.6% |
| Saudi Arabia | 0.7 | 0.5 | 1.6 | 1.0 | 12.6% |
| India | 0.3 | 0.4 | 0.4 | 0.8 | 38.7% |
| Spain | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
| Poland | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
| Finland | 0.2 | 0.1 | 1.7 | 0.2 | 0.0% |
| Others | 3.0 | 2.9 | 3.3 | 3.1 | 1.1% |
| Total | 14.5 | 12.4 | 20.5 | 21.7 | 14.4% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Kuwait in 2022:
- United Arab Emirates (13.5M units)
- United Kingdom (2.8M units)
- China (2.1M units)
- Saudi Arabia (1.6M units)
- United States (1.5M units)
- Germany (1.4M units)
- Romania (0.6M units)
- Poland (0.6M units)
- India (0.5M units)
- Spain (0.3M units)
- Finland (0.1M units)
Exports of Electrical Push-Button and Rotary Switch in Kuwait
Electrical push-button and rotary switch exports from Kuwait shrank notably to 50K units in 2022, reducing by -74.9% against the previous year. Over the period under review, exports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 151%. Over the period under review, the exports reached the maximum at 266K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electrical push-button and rotary switch exports declined notably to $45K in 2022. In general, exports recorded a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 178%. Over the period under review, the exports hit record highs at $214K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Push-Button and Rotary Switch in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 96.0 | 29.6 | 86.6 | 22.9 | -38.0% |
| South Korea | 51.4 | 15.9 | 46.4 | 12.3 | -37.9% |
| Pakistan | 7.6 | 2.3 | 6.8 | 1.8 | -38.1% |
| Hong Kong SAR | 3.6 | 5.5 | 17.9 | 1.4 | -27.0% |
| Tanzania | 7.6 | 2.0 | 5.0 | 1.1 | -47.5% |
| Netherlands | 6.0 | 4.0 | 6.7 | 0.8 | -48.9% |
| Bahrain | 5.2 | 1.2 | 2.7 | 0.6 | -51.3% |
| Oman | 3.2 | 1.1 | 2.1 | 0.4 | -50.0% |
| Jordan | 0.6 | 0.2 | 0.5 | 0.1 | -45.0% |
| Hungary | N/A | N/A | N/A | N/A | 0% |
| Others | 32.5 | 6.1 | 13.8 | 3.5 | -52.4% |
| Total | 214 | 68.0 | 189 | 44.8 | -40.6% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Kuwait in 2022:
- Armenia (25.4K units)
- Tanzania (7.6K units)
- Hungary (5.4K units)
- South Korea (2.3K units)
- Pakistan (2.0K units)
- Hong Kong SAR (1.3K units)
- Bahrain (1.1K units)
- Jordan (0.7K units)
- Oman (0.6K units)
- Netherlands (0.5K units)
369
This report provides an in-depth analysis of the relay market in Kuwait.
407
This report provides an in-depth analysis of the lamp holder market in Kuwait.
413
This report provides an in-depth analysis of the electrical circuit apparatus market in Kuwait.
383
This report provides an in-depth analysis of the circuit breaker market in Kuwait.
405
This report provides an in-depth analysis of the electrical fuse market in Kuwait.
1298
This report provides an in-depth analysis of the global relay market.
987
This report provides an in-depth analysis of the global lamp holder market.
1015
This report provides an in-depth analysis of the global electrical circuit apparatus market.
1545
This report provides an in-depth analysis of the global circuit breaker market.
1026
This report provides an in-depth analysis of the global electrical fuse market.
57
Explore the top import markets for relay products across the globe, including the United States, Germany, China, and more. Learn about the key statistics and trends shaping the global relay industry.
107
Explore the top import markets for lamp holders in 2023, including Germany, United States, Taiwan, and others. Discover key statistics and trends in the global market.
738
In value terms, portable and electric lamps imports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value decreased at an average annual rat...
791
In value terms, portable and electric lamps exports stood at $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value decreased at an average annual rate of -X>
716
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
842
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
915
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
1238
In value terms, electrical machines and apparatus imports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rat...
1002
In value terms, electrical apparatus exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1426
In value terms, electrical machines and apparatus exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value decreased at an average annual rate...
