Price for Electrical Push-Button and Rotary Switch in Sweden - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Sweden (CIF) - 2024
- Price for Electrical Push-Button and Rotary Switch in Sweden (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in Sweden
- Exports of Electrical Push-Button and Rotary Switch in Sweden
Price for Electrical Push-Button and Rotary Switch in Sweden (CIF) - 2024
In February 2024, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $3.2 per unit, with an increase of 3.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 13% against the previous month. Over the period under review, average import prices attained the maximum in February 2024.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($24.4 per unit), while the price for Turkey ($691 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 Vietnam (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Sweden (FOB) - 2022
The average export price for electrical push-button and rotary switches for under 1000 v stood at $2.5 per unit in 2022, rising by 8.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($9.7 per unit), while the average price for exports to Norway ($1.4 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 the United Arab Emirates (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Sweden
In 2022, imports of electrical push-button and rotary switches for under 1000 v into Sweden skyrocketed to 99M units, increasing by 16% against 2021 figures. Overall, imports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports reached the peak figure at 108M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical push-button and rotary switch imports amounted to $235M in 2022. In general, imports, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum at $250M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electrical Push-Button and Rotary Switch in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 46.5 | 42.4 | 52.9 | 57.9 | 7.6% |
| France | 38.1 | 31.8 | 42.2 | 29.4 | -8.3% |
| China | 62.0 | 20.0 | 19.1 | 18.8 | -32.8% |
| South Korea | 21.2 | 17.1 | 21.3 | 17.2 | -6.7% |
| Netherlands | 8.3 | 6.0 | 7.2 | 11.7 | 12.1% |
| Denmark | 11.1 | 10.9 | 13.0 | 10.2 | -2.8% |
| Poland | 6.8 | 6.4 | 7.9 | 8.6 | 8.1% |
| Finland | 3.6 | 5.2 | 6.3 | 8.6 | 33.7% |
| Italy | 2.4 | 2.1 | 2.9 | 5.2 | 29.4% |
| Norway | 5.3 | 7.4 | 8.1 | 5.0 | -1.9% |
| Bulgaria | 1.6 | 1.3 | 3.2 | 4.7 | 43.2% |
| Romania | 0.1 | N/A | 0.6 | 4.0 | 242.0% |
| Turkey | 0.2 | 0.2 | 2.3 | 1.8 | 108.0% |
| Others | 43.0 | 35.2 | 45.2 | 51.4 | 6.1% |
| Total | 250 | 186 | 232 | 235 | -2.0% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Sweden in 2022:
- Germany (24.8M units)
- France (15.4M units)
- China (9.8M units)
- Denmark (5.6M units)
- Finland (5.6M units)
- South Korea (5.3M units)
- Norway (4.9M units)
- Bulgaria (3.2M units)
- Poland (3.0M units)
- Netherlands (2.9M units)
- Turkey (2.7M units)
- Italy (2.7M units)
- Romania (2.2M units)
Exports of Electrical Push-Button and Rotary Switch in Sweden
In 2022, exports of electrical push-button and rotary switches for under 1000 v from Sweden amounted to 45M units, with an increase of 9.3% on 2021 figures. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electrical push-button and rotary switch exports surged to $114M in 2022. The total export value increased at an average annual rate of +7.1% over the period 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 with an increase of 21%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Electrical Push-Button and Rotary Switch in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 12.0 | 13.7 | 18.4 | 24.0 | 26.0% |
| Denmark | 8.8 | 9.0 | 13.1 | 10.3 | 5.4% |
| Finland | 11.3 | 10.2 | 12.3 | 10.3 | -3.0% |
| Germany | 5.0 | 4.5 | 5.9 | 9.5 | 23.9% |
| Poland | 5.6 | 5.3 | 6.1 | 7.6 | 10.7% |
| United States | 14.5 | 7.6 | 4.8 | 5.9 | -25.9% |
| China | 5.3 | 3.1 | 3.2 | 4.3 | -6.7% |
| Italy | 1.8 | 1.3 | 1.9 | 4.2 | 32.6% |
| Netherlands | 3.0 | 2.6 | 3.3 | 4.0 | 10.1% |
| Brazil | 1.3 | 1.3 | 1.5 | 2.1 | 17.3% |
| Others | 24.1 | 20.5 | 25.4 | 31.8 | 9.7% |
| Total | 92.8 | 79.0 | 96.0 | 114 | 7.1% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Sweden in 2022:
- Norway (17.6M units)
- Denmark (5.2M units)
- Finland (4.6M units)
- Germany (3.5M units)
- Poland (2.7M units)
- Netherlands (1.7M units)
- Italy (1.2M units)
- United States (1.2M units)
- China (0.7M units)
- Brazil (0.6M units)
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