Price for Electrical Push-Button and Rotary Switch in the United Arab Emirates - 2022
Contents:
- Price for Electrical Push-Button and Rotary Switch in the United Arab Emirates (CIF) - 2022
- Price for Electrical Push-Button and Rotary Switch in the United Arab Emirates (FOB) - 2022
- Imports of Electrical Push-Button and Rotary Switch in the United Arab Emirates
- Exports of Electrical Push-Button and Rotary Switch in the United Arab Emirates
Price for Electrical Push-Button and Rotary Switch in the United Arab Emirates (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, increasing by 3.5% against the previous year. In general, the import price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2017 an increase of 19%. The import price peaked at $0.9 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 India ($3.5 per unit), while the price for Malaysia ($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 India (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $0.4 per unit, growing by 12% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 export price decreased by -13.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 57%. As a result, the export price reached the peak level of $0.5 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1.1 per unit), while the average price for exports to Ghana (less than $0.1 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 Jordan (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in the United Arab Emirates
In 2022, the amount of electrical push-button and rotary switches for under 1000 v imported into the United Arab Emirates soared to 177M units, rising by 17% against the previous year. The total import volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, electrical push-button and rotary switch imports soared to $147M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Push-Button and Rotary Switch in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.9 | 28.4 | 39.4 | 53.0 | 23.8% |
| Germany | 17.0 | 13.7 | 13.2 | 16.2 | -1.6% |
| United States | 10.6 | 8.4 | 7.4 | 12.9 | 6.8% |
| United Kingdom | 11.9 | 8.1 | 8.2 | 9.6 | -6.9% |
| Italy | 4.0 | 4.6 | 4.9 | 7.8 | 24.9% |
| France | 9.2 | 9.4 | 8.0 | 7.0 | -8.7% |
| South Korea | 3.2 | 4.4 | 2.4 | 5.1 | 16.8% |
| Finland | 3.9 | 2.4 | 2.5 | 2.3 | -16.1% |
| Hong Kong SAR | 2.1 | 1.7 | 1.5 | 1.0 | -21.9% |
| Malaysia | 0.7 | 0.5 | 0.4 | 0.8 | 4.6% |
| Others | 24.6 | 22.2 | 34.1 | 31.7 | 8.8% |
| Total | 115 | 104 | 122 | 147 | 8.5% |
Top Suppliers of Electrical Push-Button and Rotary Switch to the United Arab Emirates in 2022:
- China (124.3M units)
- South Korea (8.3M units)
- Italy (6.3M units)
- United Kingdom (4.9M units)
- Germany (4.6M units)
- France (4.3M units)
- United States (3.7M units)
- Malaysia (2.9M units)
- Finland (1.9M units)
- Hong Kong SAR (0.8M units)
Exports of Electrical Push-Button and Rotary Switch in the United Arab Emirates
In 2022, approx. 38M units of electrical push-button and rotary switches for under 1000 v were exported from the United Arab Emirates; reducing by -40.9% compared with the previous year. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 98%. As a result, the exports reached the peak of 65M units, and then plummeted in the following year.
In value terms, electrical push-button and rotary switch exports dropped sharply to $17M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 53%. As a result, the exports attained the peak of $25M, and then reduced rapidly in the following year.
| Export of Electrical Push-Button and Rotary Switch in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 8.9 | 9.8 | 15.1 | 9.7 | 2.9% |
| Ghana | 0.5 | N/A | 0.7 | 0.4 | -7.2% |
| Bahrain | 0.3 | N/A | N/A | 0.2 | -12.6% |
| Seychelles | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Rwanda | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Kenya | N/A | 1.7 | N/A | 0.2 | -65.7% |
| Angola | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Tanzania | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Uganda | 0.1 | 0.1 | 0.7 | N/A | 164.6% |
| Others | 6.2 | 4.3 | 7.8 | 5.5 | -3.9% |
| Total | 16.6 | 16.3 | 24.9 | 16.5 | -0.2% |
Top Export Markets for Electrical Push-Button and Rotary Switch from the United Arab Emirates in 2022:
- Ghana (17.2M units)
- Oman (9.0M units)
- Rwanda (2.6M units)
- Tanzania (1.5M units)
- Seychelles (1.4M units)
- Kenya (0.8M units)
- Bahrain (0.6M units)
- Angola (0.6M units)
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