Price for Electrical Push-Button and Rotary Switch in Russia - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Russia (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in Russia (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Russia
- Exports of Electrical Push-Button and Rotary Switch in Russia
Price for Electrical Push-Button and Rotary Switch in Russia (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, reducing by -24.9% against the previous year. Over the period under review, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in 2014 an increase of 38% against the previous year. As a result, import price attained the peak level of $1.5 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5.5 per unit), while the price for China ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Russia (FOB) - 2022
The average export price for electrical push-button and rotary switches for under 1000 v stood at $2.1 per unit in 2022, growing by 18% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 +109.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($27 per unit), while the average price for exports to Kyrgyzstan ($0.3 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 Turkey (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Russia
In 2022, supplies from abroad of electrical push-button and rotary switches for under 1000 v decreased by -24.8% to 186M units for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 8.2% against the previous year. Over the period under review, imports hit record highs at 247M units in 2021, and then shrank sharply in the following year.
In value terms, electrical push-button and rotary switch imports contracted dramatically to $140M in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of $248M, and then contracted dramatically in the following year.
| Import of Electrical Push-Button and Rotary Switch in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.2 | 43.4 | 58.4 | 63.7 | 18.6% |
| Germany | 47.5 | 44.2 | 49.0 | 13.6 | -34.1% |
| Turkey | 3.8 | 3.6 | 3.9 | 9.9 | 37.6% |
| Italy | 6.5 | 6.9 | 8.2 | 5.3 | -6.6% |
| France | 11.7 | 10.7 | 9.9 | 4.6 | -26.7% |
| Hungary | 7.1 | 7.9 | 9.3 | 3.9 | -18.1% |
| Japan | 16.2 | 12.0 | 16.2 | 3.2 | -41.8% |
| Poland | 5.4 | 6.6 | 5.9 | 3.0 | -17.8% |
| South Korea | 3.7 | 2.8 | 3.2 | 2.4 | -13.4% |
| Finland | 8.7 | 8.5 | 8.5 | 2.1 | -37.7% |
| Romania | 16.2 | 13.6 | 7.8 | 1.8 | -51.9% |
| Ukraine | 2.7 | 2.5 | 2.4 | 0.3 | -51.9% |
| Belarus | 4.9 | 4.8 | 5.3 | N/A | 4.0% |
| Others | 44.7 | 51.2 | 60.2 | 26.4 | -16.1% |
| Total | 217 | 219 | 248 | 140 | -13.6% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Russia in 2022:
- China (139.6M units)
- Turkey (12.1M units)
- South Korea (3.2M units)
- Italy (3.0M units)
- Hungary (2.9M units)
- Germany (2.5M units)
- France (2.3M units)
- Poland (2.2M units)
- Finland (1.2M units)
- Japan (1.0M units)
- Ukraine (0.6M units)
- Romania (0.5M units)
Exports of Electrical Push-Button and Rotary Switch in Russia
In 2022, approx. 18M units of electrical push-button and rotary switches for under 1000 v were exported from Russia; declining by -49.1% against 2021. Over the period under review, exports showed a sharp reduction. The smallest decline of -5.8% was in 2021. Over the period under review, the exports hit record highs at 48M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electrical push-button and rotary switch exports shrank sharply to $37M in 2022. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $62M, and then shrank rapidly in the following year.
| Export of Electrical Push-Button and Rotary Switch in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.6 | 16.1 | 20.1 | 17.8 | 9.4% |
| Kazakhstan | 5.8 | 6.6 | 6.0 | 5.9 | 0.6% |
| Hong Kong SAR | 10.4 | 8.5 | 12.0 | 5.7 | -18.2% |
| Turkey | 1.1 | 0.8 | 1.8 | 2.1 | 24.1% |
| Uzbekistan | 0.9 | 0.8 | 1.6 | 1.0 | 3.6% |
| Ukraine | 1.8 | 1.7 | 2.6 | 0.3 | -45.0% |
| Azerbaijan | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
| Armenia | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Kyrgyzstan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Georgia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Tajikistan | 0.5 | 0.1 | 0.1 | 0.1 | -41.5% |
| Belarus | 8.4 | 8.3 | 9.1 | N/A | 4.1% |
| Others | 3.8 | 5.9 | 8.1 | 3.7 | -0.9% |
| Total | 47.2 | 49.3 | 61.9 | 37.3 | -7.5% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Russia in 2022:
- Kazakhstan (11.6M units)
- Uzbekistan (1.2M units)
- China (0.7M units)
- Ukraine (0.6M units)
- Armenia (0.6M units)
- Kyrgyzstan (0.5M units)
- Azerbaijan (0.4M units)
- Hong Kong SAR (0.4M units)
- Turkey (0.3M units)
- Georgia (0.3M units)
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