Price for Electrical Push-Button and Rotary Switch in Luxembourg - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Luxembourg (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Luxembourg (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Luxembourg
- Exports of Electrical Push-Button and Rotary Switch in Luxembourg
Price for Electrical Push-Button and Rotary Switch in Luxembourg (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $1.7 per unit in 2022, which is down by -18.3% against the previous year. Overall, the import price showed a perceptible contraction. The pace of growth appeared the most rapid in 2016 an increase of 39%. The import price peaked at $2.7 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($2.5 per unit), while the price for Belgium ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Push-Button and Rotary Switch in Luxembourg (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $2.7 per unit, with an increase of 4.8% against the previous year. Overall, the export price, however, recorded a mild decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $3.3 per unit in 2016; however, from 2017 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 the Czech Republic ($9.6 per unit), while the average price for exports to the UK ($1.4 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 the Czech Republic (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Luxembourg
In 2022, electrical push-button and rotary switch imports into Luxembourg fell to 8.9M units, with a decrease of -14.7% against 2021. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 4% against the previous year. Imports peaked at 11M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electrical push-button and rotary switch imports declined dramatically to $16M in 2022. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 17%. Imports peaked at $22M in 2021, and then shrank rapidly in the following year.
| Import of Electrical Push-Button and Rotary Switch in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.9 | 10.2 | 10.7 | 8.0 | -12.4% |
| Belgium | 2.1 | 2.8 | 3.8 | 3.6 | 19.7% |
| United States | 1.0 | 1.2 | 1.4 | 1.2 | 6.3% |
| France | 0.7 | 1.7 | 1.3 | 0.9 | 8.7% |
| Japan | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
| China | 0.4 | 0.8 | 0.8 | 0.1 | -37.0% |
| Sri Lanka | N/A | 1.9 | 1.9 | N/A | 0.0% |
| Others | 2.5 | 3.5 | 2.0 | 1.3 | -19.6% |
| Total | 19.1 | 22.2 | 22.4 | 15.6 | -6.5% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Luxembourg in 2022:
- Belgium (4.0M units)
- Germany (3.2M units)
- United States (0.6M units)
- France (0.4M units)
- Japan (0.3M units)
- China (0.1M units)
Exports of Electrical Push-Button and Rotary Switch in Luxembourg
After three years of growth, overseas shipments of electrical push-button and rotary switches for under 1000 v decreased by -74.7% to 1.7M units in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 138%. Over the period under review, the exports attained the peak figure at 6.5M units in 2021, and then declined remarkably in the following year.
In value terms, electrical push-button and rotary switch exports contracted notably to $4.4M in 2022. Overall, exports showed a noticeable setback. The growth pace was the most rapid in 2020 with an increase of 159% against the previous year. The exports peaked at $17M in 2021, and then contracted notably in the following year.
| Export of Electrical Push-Button and Rotary Switch in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,087 | 7,811 | 8,682 | 1,360 | -13.3% |
| France | 953 | 1,926 | 2,405 | 601 | -14.2% |
| United Kingdom | 185 | 194 | 253 | 263 | 12.4% |
| Belgium | 386 | 307 | 417 | 251 | -13.4% |
| Czech Republic | 29.5 | 61.7 | 89.6 | 243 | 102.0% |
| Italy | 162 | 426 | 775 | 209 | 8.9% |
| Netherlands | 93.2 | 160 | 1,161 | 191 | 27.0% |
| Spain | 180 | 274 | 266 | 165 | -2.9% |
| Poland | 90.7 | 167 | 165 | 144 | 16.7% |
| Switzerland | 85.7 | 128 | 349 | 118 | 11.3% |
| Turkey | 10.7 | 85.2 | 258 | 94.5 | 106.7% |
| Norway | 48.8 | 146 | 68.0 | 83.5 | 19.6% |
| Others | 655 | 1,192 | 1,712 | 677 | 1.1% |
| Total | 4,967 | 12,878 | 16,603 | 4,399 | -4.0% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Luxembourg in 2022:
- Germany (520.9K units)
- France (211.3K units)
- United Kingdom (184.6K units)
- Belgium (127.0K units)
- Netherlands (123.3K units)
- Italy (80.7K units)
- Spain (54.4K units)
- Poland (53.7K units)
- Switzerland (48.8K units)
- Turkey (42.4K units)
- Norway (27.0K units)
- Czech Republic (25.2K units)
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