Price for Electrical Push-Button and Rotary Switch in Sri Lanka - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in Sri Lanka (FOB) - 2022
- Price for Electrical Push-Button and Rotary Switch in Sri Lanka (CIF) - 2022
- Exports of Electrical Push-Button and Rotary Switch in Sri Lanka
- Imports of Electrical Push-Button and Rotary Switch in Sri Lanka
Price for Electrical Push-Button and Rotary Switch in Sri Lanka (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $3.2 per unit, surging by 12% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($13 per unit), while the average price for exports to Australia ($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 India (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Sri Lanka (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, picking up by 42% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 import price increased by +45.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 United States ($5.2 per unit), while the price for India ($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 China (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Push-Button and Rotary Switch in Sri Lanka
Electrical push-button and rotary switch exports from Sri Lanka reached 5.9M units in 2022, flattening at 2021. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, electrical push-button and rotary switch exports reached $19M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 60%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Electrical Push-Button and Rotary Switch in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.7 | 620 | 1,353 | 3,991 | 1686.5% |
| China | 137 | 721 | 1,927 | 3,281 | 188.2% |
| Romania | 1,853 | 2,285 | 2,246 | 2,597 | 11.9% |
| Hungary | 1,894 | 2,450 | 2,264 | 2,229 | 5.6% |
| United States | 429 | 987 | 1,168 | 1,520 | 52.5% |
| India | 156 | 99.1 | 497 | 792 | 71.9% |
| South Korea | 0.4 | 3.1 | 18.4 | 642 | 1070.8% |
| Canada | 207 | 303 | 334 | 538 | 37.5% |
| Pakistan | 121 | 237 | 382 | 246 | 26.7% |
| Maldives | 66.1 | 64.4 | 71.6 | 139 | 28.1% |
| Australia | 2.8 | 1.4 | 3.9 | 63.4 | 182.9% |
| Germany | 15.4 | 141 | 3,075 | 62.7 | 59.7% |
| United Arab Emirates | 43.8 | 58.0 | 45.8 | 54.0 | 7.2% |
| Others | 1,841 | 2,616 | 3,560 | 2,907 | 16.4% |
| Total | 6,768 | 10,587 | 16,946 | 19,063 | 41.2% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Sri Lanka in 2022:
- Netherlands (1747.3K units)
- Romania (1690.7K units)
- China (496.4K units)
- Pakistan (328.8K units)
- Hungary (305.5K units)
- Maldives (204.0K units)
- United States (171.9K units)
- Australia (127.2K units)
- Canada (126.0K units)
- South Korea (125.4K units)
- India (112.1K units)
- United Arab Emirates (61.1K units)
- Germany (28.8K units)
Imports of Electrical Push-Button and Rotary Switch in Sri Lanka
Electrical push-button and rotary switch imports into Sri Lanka dropped notably to 7.2M units in 2022, which is down by -49.3% against 2021 figures. Overall, imports faced a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, imports attained the maximum at 17M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical push-button and rotary switch imports shrank sharply to $6M in 2022. In general, imports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports reached the peak figure at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electrical Push-Button and Rotary Switch in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 2.2 | 2.9 | 1.9 | -14.1% |
| India | 1.6 | 0.8 | 1.4 | 0.8 | -20.6% |
| United States | 0.3 | 1.2 | 0.8 | 0.7 | 32.6% |
| Singapore | 0.4 | 0.2 | 0.4 | 0.6 | 14.5% |
| Japan | 1.4 | 0.6 | 1.1 | 0.5 | -29.1% |
| Others | 3.4 | 2.0 | 1.7 | 1.5 | -23.9% |
| Total | 10.2 | 7.0 | 8.3 | 6.0 | -16.2% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Sri Lanka in 2022:
- China (3.7M units)
- India (2.3M units)
- Japan (0.3M units)
- Singapore (0.2M units)
- United States (0.1M units)
267
This report provides an in-depth analysis of the relay market in Sri Lanka.
382
This report provides an in-depth analysis of the lamp holder market in Sri Lanka.
333
This report provides an in-depth analysis of the electrical circuit apparatus market in Sri Lanka.
400
This report provides an in-depth analysis of the circuit breaker market in Sri Lanka.
263
This report provides an in-depth analysis of the electrical fuse market in Sri Lanka.
1286
This report provides an in-depth analysis of the global relay market.
973
This report provides an in-depth analysis of the global lamp holder market.
1002
This report provides an in-depth analysis of the global electrical circuit apparatus market.
1537
This report provides an in-depth analysis of the global circuit breaker market.
1014
This report provides an in-depth analysis of the global electrical fuse market.
42
Explore the top import markets for relay products across the globe, including the United States, Germany, China, and more. Learn about the key statistics and trends shaping the global relay industry.
88
Explore the top import markets for lamp holders in 2023, including Germany, United States, Taiwan, and others. Discover key statistics and trends in the global market.
730
In value terms, portable and electric lamps imports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value decreased at an average annual rat...
781
In value terms, portable and electric lamps exports stood at $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value decreased at an average annual rate of -X>
708
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
830
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
910
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
1231
In value terms, electrical machines and apparatus imports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rat...
997
In value terms, electrical apparatus exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1407
In value terms, electrical machines and apparatus exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value decreased at an average annual rate...
