Price for Electrical Push-Button and Rotary Switch in Romania - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Romania (FOB) - 2024
- Price for Electrical Push-Button and Rotary Switch in Romania (CIF) - 2022
- Exports of Electrical Push-Button and Rotary Switch in Romania
- Imports of Electrical Push-Button and Rotary Switch in Romania
Price for Electrical Push-Button and Rotary Switch in Romania (FOB) - 2024
In February 2024, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $4.4 per unit, increasing by 21% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in December 2023 when the average export price increased by 28% month-to-month. The export price peaked in February 2024.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($8.8 per unit), while the average price for exports to Turkey ($1.6 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Romania (CIF) - 2022
The average import price for electrical push-button and rotary switches for under 1000 v stood at $1.9 per unit in 2022, picking up by 6.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 22%. As a result, import price reached the peak level of $2.1 per unit. From 2015 to 2022, the average 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 Czech Republic ($4 per unit), while the price for Turkey ($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 (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Push-Button and Rotary Switch in Romania
Electrical push-button and rotary switch exports from Romania declined sharply to 108M units in 2022, which is down by -20.7% compared with 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of 137M units, and then dropped notably in the following year.
In value terms, electrical push-button and rotary switch exports reduced slightly to $403M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $409M, and then fell modestly in the following year.
| Export of Electrical Push-Button and Rotary Switch in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 159 | 193 | 283 | 311 | 25.1% |
| Italy | 42.7 | 33.6 | 46.5 | 33.8 | -7.5% |
| Czech Republic | 8.0 | 8.7 | 12.3 | 13.5 | 19.1% |
| Hungary | 5.2 | 4.2 | 11.1 | 4.8 | -2.6% |
| Russia | 16.2 | 13.6 | 7.7 | 1.7 | -52.8% |
| Others | 33.4 | 31.5 | 47.8 | 38.2 | 4.6% |
| Total | 265 | 284 | 409 | 403 | 15.0% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Romania in 2022:
- Germany (63.4M units)
- Italy (23.9M units)
- Czech Republic (9.2M units)
- Hungary (1.2M units)
- Russia (0.5M units)
Imports of Electrical Push-Button and Rotary Switch in Romania
In 2022, after three years of growth, there was significant decline in overseas purchases of electrical push-button and rotary switches for under 1000 v, when their volume decreased by -9.4% to 138M units. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 4%. Imports peaked at 152M units in 2021, and then shrank in the following year.
In value terms, electrical push-button and rotary switch imports reduced slightly to $267M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of $278M, and then contracted in the following year.
| Import of Electrical Push-Button and Rotary Switch in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 79.3 | 66.6 | 79.5 | 90.9 | 4.7% |
| Czech Republic | 30.2 | 29.1 | 33.0 | 30.9 | 0.8% |
| China | 17.4 | 14.9 | 21.9 | 19.6 | 4.0% |
| Italy | 16.3 | 16.3 | 19.7 | 17.9 | 3.2% |
| France | 17.6 | 20.3 | 23.3 | 17.1 | -1.0% |
| Netherlands | 14.1 | 9.5 | 14.9 | 16.8 | 6.0% |
| Hungary | 15.7 | 14.4 | 13.3 | 9.0 | -16.9% |
| Spain | 14.6 | 10.8 | 10.6 | 8.3 | -17.2% |
| Austria | 3.2 | 3.8 | 8.1 | 7.9 | 35.2% |
| Bulgaria | 3.2 | 3.2 | 7.5 | 5.2 | 17.6% |
| Sri Lanka | 4.3 | 3.6 | 3.5 | 3.3 | -8.4% |
| Poland | 2.7 | 1.9 | 2.6 | 2.7 | 0.0% |
| Turkey | 2.0 | 2.1 | 2.0 | 1.9 | -1.7% |
| Others | 31.3 | 34.1 | 38.0 | 35.2 | 4.0% |
| Total | 252 | 231 | 278 | 267 | 1.9% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Romania in 2022:
- Germany (40.6M units)
- Italy (15.1M units)
- China (12.4M units)
- France (7.9M units)
- Czech Republic (7.8M units)
- Spain (6.8M units)
- Netherlands (6.5M units)
- Hungary (6.5M units)
- Bulgaria (5.9M units)
- Turkey (5.1M units)
- Austria (3.9M units)
- Poland (3.4M units)
- Sri Lanka (3.0M units)
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