Price for Electrical Push-Button and Rotary Switch in the Czech Republic - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in the Czech Republic (FOB) - 2024
- Price for Electrical Push-Button and Rotary Switch in the Czech Republic (CIF) - 2024
- Exports of Electrical Push-Button and Rotary Switch in the Czech Republic
- Imports of Electrical Push-Button and Rotary Switch in the Czech Republic
Price for Electrical Push-Button and Rotary Switch in the Czech Republic (FOB) - 2024
In February 2024, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $3.3 per unit, growing by 2% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in January 2024 an increase of 22% against the previous month. Over the period under review, the average export prices attained the peak figure at $3.4 per unit in November 2023; however, from December 2023 to February 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($4.5 per unit), while the average price for exports to Bulgaria ($1.5 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 Slovakia (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in the Czech Republic (CIF) - 2024
The average import price for electrical push-button and rotary switches for under 1000 v stood at $2.4 per unit in February 2024, waning by -5.4% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 28% m-o-m. Over the period under review, average import prices attained the peak figure at $2.8 per unit in September 2023; however, from October 2023 to February 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($5.2 per unit), while the price for Spain ($1.4 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Push-Button and Rotary Switch in the Czech Republic
In 2022, the amount of electrical push-button and rotary switches for under 1000 v exported from the Czech Republic reduced modestly to 229M units, remaining relatively unchanged against 2021 figures. Over the period under review, exports continue to indicate a abrupt descent. The exports peaked at 338M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electrical push-button and rotary switch exports fell modestly to $634M in 2022. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 8.7% against the previous year. Over the period under review, the exports reached the peak figure at $769M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Push-Button and Rotary Switch in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 371 | 283 | 298 | 267 | -10.4% |
| Italy | 21.8 | 30.8 | 45.6 | 39.1 | 21.5% |
| Romania | 33.0 | 30.8 | 37.7 | 37.6 | 4.4% |
| Poland | 17.0 | 21.0 | 32.0 | 31.6 | 23.0% |
| Hungary | 44.7 | 34.4 | 28.5 | 26.5 | -16.0% |
| Netherlands | 12.6 | 15.2 | 21.2 | 25.3 | 26.2% |
| Spain | 54.7 | 31.8 | 17.2 | 21.8 | -26.4% |
| Austria | 21.2 | 17.2 | 19.5 | 18.6 | -4.3% |
| Slovakia | 27.1 | 14.9 | 17.2 | 17.7 | -13.2% |
| United Kingdom | 18.4 | 14.6 | 17.5 | 16.9 | -2.8% |
| France | 23.7 | 14.1 | 18.0 | 16.5 | -11.4% |
| United States | 16.0 | 12.6 | 11.7 | 15.2 | -1.7% |
| Bulgaria | 12.7 | 8.4 | 9.5 | 9.2 | -10.2% |
| Others | 95.8 | 73.0 | 81.1 | 91.2 | -1.6% |
| Total | 769 | 602 | 655 | 634 | -6.2% |
Top Export Markets for Electrical Push-Button and Rotary Switch from the Czech Republic in 2022:
- Germany (81.0M units)
- Italy (22.6M units)
- Poland (13.7M units)
- France (12.1M units)
- Austria (10.8M units)
- Hungary (8.7M units)
- Slovakia (8.6M units)
- Romania (7.6M units)
- Spain (6.7M units)
- United Kingdom (6.2M units)
- Bulgaria (6.2M units)
- Netherlands (6.0M units)
- United States (5.5M units)
Imports of Electrical Push-Button and Rotary Switch in the Czech Republic
Electrical push-button and rotary switch imports into the Czech Republic soared to 278M units in 2022, jumping by 16% on 2021 figures. Over the period under review, imports, however, showed a abrupt slump. Imports peaked at 363M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electrical push-button and rotary switch imports rose sharply to $544M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Electrical Push-Button and Rotary Switch in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 171 | 197 | 258 | 248 | 13.2% |
| China | 47.3 | 20.7 | 35.3 | 64.9 | 11.1% |
| India | 1.4 | 4.8 | 19.9 | 21.6 | 148.9% |
| Hungary | 15.3 | 15.7 | 15.0 | 19.2 | 7.9% |
| Poland | 17.1 | 21.0 | 18.0 | 18.9 | 3.4% |
| Thailand | 1.0 | 1.0 | 5.0 | 15.9 | 151.5% |
| Romania | 15.5 | 9.7 | 12.4 | 15.0 | -1.1% |
| Belgium | 4.8 | 5.8 | 9.1 | 13.2 | 40.1% |
| France | 13.7 | 12.5 | 13.0 | 12.0 | -4.3% |
| Italy | 10.7 | 9.7 | 12.3 | 11.8 | 3.3% |
| Netherlands | 1.6 | 7.8 | 11.2 | 11.5 | 93.0% |
| Slovakia | 3.1 | 3.7 | 7.6 | 6.5 | 28.0% |
| Bulgaria | 107 | 56.5 | 6.2 | 4.7 | -64.7% |
| Others | 108 | 69.8 | 88.3 | 80.7 | -9.3% |
| Total | 518 | 436 | 512 | 544 | 1.6% |
Top Suppliers of Electrical Push-Button and Rotary Switch to the Czech Republic in 2022:
- Germany (113.9M units)
- China (35.2M units)
- Poland (15.7M units)
- Romania (12.5M units)
- France (12.0M units)
- Hungary (11.1M units)
- Thailand (10.4M units)
- India (9.5M units)
- Slovakia (8.4M units)
- Italy (7.2M units)
- Belgium (5.7M units)
- Netherlands (5.3M units)
- Bulgaria (2.8M units)
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