Price for Electrical Push-Button and Rotary Switch in Peru - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Peru (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Peru (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Peru
- Exports of Electrical Push-Button and Rotary Switch in Peru
Price for Electrical Push-Button and Rotary Switch in Peru (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $0.6 per unit in 2022, surging by 8.3% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2018 an increase of 16%. The import price peaked at $0.9 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2.3 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 Spain (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Peru (FOB) - 2022
The average export price for electrical push-button and rotary switches for under 1000 v stood at $1 per unit in 2022, surging by 32% against the previous year. In general, the export price showed a buoyant increase. The growth pace was the most rapid in 2017 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1.7 per unit), while the average price for exports to Bolivia ($0.5 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 Costa Rica (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Peru
In 2022, after three years of growth, there was significant decline in purchases abroad of electrical push-button and rotary switches for under 1000 v, when their volume decreased by -16.2% to 84M units. The total import volume increased at an average annual rate of +4.7% 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 when imports increased by 29%. As a result, imports attained the peak of 100M units, and then declined notably in the following year.
In value terms, electrical push-button and rotary switch imports contracted to $53M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of $58M, and then declined in the following year.
| Import of Electrical Push-Button and Rotary Switch in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.7 | 11.6 | 18.3 | 17.1 | 16.9% |
| United States | 7.1 | 5.7 | 7.7 | 7.8 | 3.2% |
| Italy | 5.9 | 4.8 | 4.5 | 4.2 | -10.7% |
| India | 3.7 | 4.2 | 3.2 | 2.6 | -11.1% |
| Mexico | 3.3 | 2.4 | 3.2 | 2.5 | -8.8% |
| Colombia | 1.3 | 1.1 | 2.3 | 1.0 | -8.4% |
| South Korea | 1.3 | 1.2 | 1.1 | 1.0 | -8.4% |
| Others | 18.1 | 13.8 | 17.8 | 16.7 | -2.6% |
| Total | 51.4 | 44.9 | 58.2 | 52.8 | 0.9% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Peru in 2022:
- China (59.3M units)
- United States (4.0M units)
- India (3.1M units)
- Italy (3.0M units)
- Mexico (1.8M units)
- Colombia (1.5M units)
- South Korea (1.5M units)
Exports of Electrical Push-Button and Rotary Switch in Peru
In 2022, the amount of electrical push-button and rotary switches for under 1000 v exported from Peru contracted significantly to 712K units, dropping by -22.7% compared with the year before. Overall, exports faced a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 6.6%. Over the period under review, the exports hit record highs at 1.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electrical push-button and rotary switch exports rose modestly to $744K in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 13%. The exports peaked at $993K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Push-Button and Rotary Switch in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 311 | 268 | 296 | 203 | -13.3% |
| Argentina | 49.5 | 98.6 | 19.4 | 121 | 34.7% |
| Bolivia | 82.8 | 85.6 | 99.6 | 95.9 | 5.0% |
| Chile | 303 | 78.2 | 85.8 | 82.3 | -35.2% |
| Ecuador | 52.6 | 9.1 | 74.5 | 52.8 | 0.1% |
| Colombia | 28.3 | 9.4 | 19.7 | 32.7 | 4.9% |
| Costa Rica | 7.9 | 13.5 | 31.2 | 24.9 | 46.6% |
| Others | 158 | 80.5 | 104 | 131 | -6.1% |
| Total | 993 | 643 | 730 | 744 | -9.2% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Peru in 2022:
- Bolivia (187.7K units)
- United States (118.0K units)
- Argentina (115.7K units)
- Ecuador (92.9K units)
- Chile (56.0K units)
- Costa Rica (29.0K units)
- Colombia (23.3K units)
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