Price for Electrical Push-Button and Rotary Switch in Slovenia - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Slovenia (CIF) - 2024
- Price for Electrical Push-Button and Rotary Switch in Slovenia (FOB) - 2024
- Imports of Electrical Push-Button and Rotary Switch in Slovenia
- Exports of Electrical Push-Button and Rotary Switch in Slovenia
Price for Electrical Push-Button and Rotary Switch in Slovenia (CIF) - 2024
In February 2024, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $1.6 per unit, with a decrease of -26.4% against the previous month. In general, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in November 2023 an increase of 18% against the previous month. As a result, import price reached the peak level of $2.5 per unit. From December 2023 to February 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Israel ($2.7 per unit), while the price for China ($672 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Slovenia (FOB) - 2024
In February 2024, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $1.6 per unit, falling by -14.8% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 10% against the previous month. The export price peaked at $2.0 per unit in December 2023; however, from January 2024 to February 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In February 2024, the country with the highest price was the UK ($5.9 per unit), while the average price for exports to Bosnia and Herzegovina ($795 per thousand units) 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 Italy (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Slovenia
In 2022, imports of electrical push-button and rotary switches for under 1000 v into Slovenia rose to 43M units, with an increase of 3.6% on the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, electrical push-button and rotary switch imports dropped to $84M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of $88M, and then fell modestly in the following year.
| Import of Electrical Push-Button and Rotary Switch in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.0 | 21.1 | 24.1 | 23.7 | 14.0% |
| Israel | 16.0 | 12.5 | 11.8 | 9.7 | -15.4% |
| Netherlands | 0.3 | 7.5 | 8.3 | 7.1 | 187.1% |
| Austria | 1.5 | 4.2 | 5.1 | 6.4 | 62.2% |
| China | 12.4 | 4.2 | 6.2 | 6.3 | -20.2% |
| Italy | 3.0 | 3.4 | 5.4 | 5.7 | 23.9% |
| Bosnia and Herzegovina | 4.2 | 4.2 | 5.4 | 4.9 | 5.3% |
| France | 2.5 | 4.5 | 4.8 | 3.7 | 14.0% |
| Poland | 1.5 | 1.4 | 1.5 | 2.2 | 13.6% |
| South Korea | 0.1 | 1.6 | 2.4 | 2.1 | 175.9% |
| Croatia | 1.1 | 1.3 | 1.6 | 1.6 | 13.3% |
| Hungary | 3.6 | 1.1 | 1.3 | 1.4 | -27.0% |
| Czech Republic | 1.6 | 1.2 | 1.0 | 1.3 | -6.7% |
| Others | 16.6 | 8.2 | 8.7 | 7.9 | -21.9% |
| Total | 80.4 | 76.4 | 87.6 | 83.9 | 1.4% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Slovenia in 2022:
- Germany (9.6M units)
- China (7.8M units)
- Bosnia and Herzegovina (4.7M units)
- Israel (4.0M units)
- Italy (3.5M units)
- France (1.9M units)
- South Korea (1.9M units)
- Netherlands (1.8M units)
- Austria (1.5M units)
- Poland (1.2M units)
- Hungary (1.0M units)
- Croatia (1.0M units)
- Czech Republic (0.7M units)
Exports of Electrical Push-Button and Rotary Switch in Slovenia
After three years of growth, overseas shipments of electrical push-button and rotary switches for under 1000 v decreased by -8.4% to 39M units in 2022. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports reached the peak of 42M units, and then dropped in the following year.
In value terms, electrical push-button and rotary switch exports reduced modestly to $48M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of $48M, and then declined slightly in the following year.
| Export of Electrical Push-Button and Rotary Switch in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.3 | 3.7 | 5.6 | 12.3 | 42.0% |
| Serbia | 3.1 | 3.6 | 5.4 | 4.5 | 13.2% |
| Germany | 5.2 | 4.9 | 4.1 | 4.0 | -8.4% |
| Croatia | 2.3 | 2.4 | 2.9 | 2.9 | 8.0% |
| United Kingdom | 5.7 | 4.9 | 3.3 | 2.8 | -21.1% |
| Bosnia and Herzegovina | 1.6 | 1.6 | 1.9 | 2.4 | 14.5% |
| Slovakia | 0.7 | 1.0 | 1.7 | 1.8 | 37.0% |
| Poland | 0.7 | 1.6 | 1.8 | 1.3 | 22.9% |
| Hungary | 0.2 | 0.9 | 1.0 | 1.3 | 86.6% |
| Czech Republic | 0.5 | 0.4 | 0.4 | 1.2 | 33.9% |
| Bulgaria | 0.5 | 0.7 | 1.1 | 1.2 | 33.9% |
| France | 0.8 | 0.7 | 0.8 | 0.9 | 4.0% |
| Turkey | 6.4 | 6.3 | 7.2 | 0.6 | -54.6% |
| Others | 9.9 | 10.7 | 11.4 | 10.7 | 2.6% |
| Total | 42.0 | 43.4 | 48.5 | 47.9 | 4.5% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Slovenia in 2022:
- Italy (12.2M units)
- Serbia (5.0M units)
- Bosnia and Herzegovina (3.1M units)
- Germany (2.4M units)
- Hungary (2.0M units)
- Croatia (1.7M units)
- Slovakia (1.4M units)
- Czech Republic (0.9M units)
- Poland (0.9M units)
- France (0.9M units)
- Bulgaria (0.9M units)
- United Kingdom (0.7M units)
- Turkey (0.6M units)
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