Price for Electrical Push-Button and Rotary Switch in the Netherlands - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in the Netherlands (FOB) - 2024
- Price for Electrical Push-Button and Rotary Switch in the Netherlands (CIF) - 2024
- Exports of Electrical Push-Button and Rotary Switch in the Netherlands
- Imports of Electrical Push-Button and Rotary Switch in the Netherlands
Price for Electrical Push-Button and Rotary Switch in the Netherlands (FOB) - 2024
In February 2024, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $3.9 per unit, growing by 169% against the previous month. Overall, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($9.4 per unit), while the average price for exports to India ($744 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 Belgium (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in the Netherlands (CIF) - 2024
The average import price for electrical push-button and rotary switches for under 1000 v stood at $2.1 per unit in February 2024, reducing by -16.7% against the previous month. Overall, import price indicated a slight increase from February 2023 to February 2024: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, electrical push-button and rotary switch import price decreased by -16.7% against January 2024 indices. The pace of growth appeared the most rapid in December 2023 when the average import price increased by 31% m-o-m. Over the period under review, average import prices hit record highs at $2.7 per unit in August 2023; however, from September 2023 to February 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the UK ($7.0 per unit), while the price for China ($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 Italy (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Push-Button and Rotary Switch in the Netherlands
In 2022, the amount of electrical push-button and rotary switches for under 1000 v exported from the Netherlands surged to 346M units, increasing by 16% against the previous year. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 33%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, electrical push-button and rotary switch exports soared to $653M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electrical Push-Button and Rotary Switch in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 70.9 | 70.7 | 110 | 198 | 40.8% |
| Italy | 32.7 | 28.5 | 36.9 | 57.0 | 20.3% |
| Belgium | 23.1 | 24.3 | 33.3 | 34.7 | 14.5% |
| France | 21.0 | 26.0 | 32.6 | 33.7 | 17.1% |
| Spain | 13.6 | 13.8 | 21.6 | 30.0 | 30.2% |
| United Kingdom | 25.7 | 26.0 | 30.4 | 28.0 | 2.9% |
| Poland | 15.3 | 16.7 | 20.5 | 26.3 | 19.8% |
| China | 12.2 | 17.9 | 21.3 | 22.2 | 22.1% |
| Hungary | 4.1 | 9.2 | 7.1 | 16.7 | 59.7% |
| Czech Republic | 7.0 | 7.7 | 9.0 | 15.0 | 28.9% |
| Switzerland | 9.2 | 10.1 | 11.0 | 9.8 | 2.1% |
| Others | 109 | 107 | 132 | 182 | 18.6% |
| Total | 344 | 357 | 465 | 653 | 23.8% |
Top Export Markets for Electrical Push-Button and Rotary Switch from the Netherlands in 2022:
- Poland (80.2M units)
- Germany (70.6M units)
- Belgium (48.1M units)
- Italy (39.1M units)
- France (11.5M units)
- Czech Republic (11.2M units)
- China (11.0M units)
- Spain (9.3M units)
- United Kingdom (8.0M units)
- Hungary (6.5M units)
- Switzerland (3.7M units)
Imports of Electrical Push-Button and Rotary Switch in the Netherlands
Electrical push-button and rotary switch imports into the Netherlands expanded remarkably to 324M units in 2022, growing by 12% compared with the year before. The total import volume increased at an average annual rate of +12.1% 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 when imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, electrical push-button and rotary switch imports rose sharply to $638M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Push-Button and Rotary Switch in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 153 | 158 | 186 | 179 | 5.4% |
| China | 79.3 | 87.8 | 114 | 147 | 22.8% |
| France | 57.8 | 40.5 | 49.9 | 50.3 | -4.5% |
| United States | 46.8 | 31.5 | 28.0 | 39.6 | -5.4% |
| Japan | 28.1 | 23.5 | 29.9 | 29.2 | 1.3% |
| Italy | 12.1 | 10.8 | 14.7 | 20.5 | 19.2% |
| Belgium | 14.4 | 16.3 | 21.3 | 16.7 | 5.1% |
| Poland | 8.5 | 14.6 | 13.8 | 15.9 | 23.2% |
| Czech Republic | 2.2 | 3.1 | 12.5 | 14.2 | 86.2% |
| United Kingdom | 15.6 | 11.4 | 11.7 | 12.8 | -6.4% |
| Mexico | 3.2 | 9.4 | 12.9 | 12.1 | 55.8% |
| Others | 69.1 | 67.8 | 85.4 | 101 | 13.5% |
| Total | 490 | 475 | 580 | 638 | 9.2% |
Top Suppliers of Electrical Push-Button and Rotary Switch to the Netherlands in 2022:
- China (94.2M units)
- Germany (86.3M units)
- Italy (33.1M units)
- France (24.7M units)
- United States (10.4M units)
- Poland (9.5M units)
- Czech Republic (6.1M units)
- Belgium (6.0M units)
- Japan (5.8M units)
- Mexico (5.1M units)
- United Kingdom (3.5M units)
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