Price for Electrical Push-Button and Rotary Switch in Qatar - 2023
Contents:
- Price for Electrical Push-Button and Rotary Switch in Qatar (CIF) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Qatar
Price for Electrical Push-Button and Rotary Switch in Qatar (CIF) - 2022
In 2022, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $6.6 per unit, with a decrease of -32.6% against the previous year. Overall, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum at $13 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the Netherlands ($94 per unit), while the price for China ($1.7 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 Arab Emirates (+166.1%), while the prices for the other major suppliers experienced a decline.
Imports of Electrical Push-Button and Rotary Switch in Qatar
In 2022, overseas purchases of electrical push-button and rotary switches for under 1000 v were finally on the rise to reach 1.1M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a drastic downturn. Over the period under review, imports reached the peak figure at 1.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical push-button and rotary switch imports declined to $7.5M in 2022. Overall, imports, however, showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 1.4%. Over the period under review, imports attained the peak figure at $16M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Electrical Push-Button and Rotary Switch in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,663 | 1,139 | 1,113 | 1,275 | -21.8% |
Italy | 1,727 | 1,525 | 1,459 | 789 | -23.0% |
Romania | 523 | 327 | 283 | 504 | -1.2% |
United Kingdom | 1,775 | 701 | 682 | 484 | -35.2% |
India | 648 | 396 | 434 | 421 | -13.4% |
France | 304 | 325 | 280 | 299 | -0.6% |
Vietnam | 216 | 177 | 111 | 178 | -6.2% |
Poland | 124 | 101 | 49.2 | N/A | -37.0% |
Others | 8,514 | 3,893 | 4,292 | 3,583 | -25.1% |
Total | 16,495 | 8,585 | 8,703 | 7,533 | -23.0% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Qatar in 2022:
- China (730.1K units)
- France (111.3K units)
- India (58.3K units)
- Vietnam (45.8K units)
- Italy (39.9K units)
- United Kingdom (30.0K units)
- Romania (18.8K units)
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