Price for Electrical Push-Button and Rotary Switch in Turkey - 2024
Contents:
- Price for Electrical Push-Button and Rotary Switch in Turkey (CIF) - 2024
- Price for Electrical Push-Button and Rotary Switch in Turkey (FOB) - 2024
- Imports of Electrical Push-Button and Rotary Switch in Turkey
- Exports of Electrical Push-Button and Rotary Switch in Turkey
Price for Electrical Push-Button and Rotary Switch in Turkey (CIF) - 2024
The average import price for electrical push-button and rotary switches for under 1000 v stood at $1.5 per unit in February 2024, shrinking by -4.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices hit record highs at $1.7 per unit in December 2023; however, from January 2024 to February 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Germany ($3.4 per unit), while the price for China ($756 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 South Korea (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Push-Button and Rotary Switch in Turkey (FOB) - 2024
In February 2024, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $985 per thousand units, standing approximately at the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 14% m-o-m. As a result, the export price attained the peak level of $1.0 per unit. From May 2023 to February 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($3.4 per unit), while the average price for exports to Syrian Arab Republic ($407 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 Germany (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Push-Button and Rotary Switch in Turkey
In 2022, purchases abroad of electrical push-button and rotary switches for under 1000 v decreased by -4.4% to 208M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 217M units, and then declined modestly in the following year.
In value terms, electrical push-button and rotary switch imports dropped slightly to $310M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports reached the peak of $314M, and then dropped slightly in the following year.
| Import of Electrical Push-Button and Rotary Switch in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.9 | 57.4 | 69.9 | 70.9 | 18.2% |
| Germany | 33.8 | 34.7 | 42.9 | 47.4 | 11.9% |
| Italy | 28.9 | 27.4 | 32.7 | 31.2 | 2.6% |
| Japan | 15.3 | 13.4 | 16.0 | 14.2 | -2.5% |
| France | 13.0 | 10.9 | 11.8 | 12.5 | -1.3% |
| Czech Republic | 12.9 | 12.3 | 12.4 | 12.1 | -2.1% |
| Spain | 13.4 | 13.7 | 14.5 | 11.1 | -6.1% |
| Croatia | 6.8 | 8.9 | 11.0 | 7.7 | 4.2% |
| India | 6.0 | 5.0 | 5.6 | 6.6 | 3.2% |
| Slovenia | 5.3 | 5.2 | 5.3 | 4.6 | -4.6% |
| Poland | 2.9 | 2.9 | 4.4 | 3.0 | 1.1% |
| South Korea | 3.0 | 2.7 | 3.1 | 3.0 | 0.0% |
| Others | 77.3 | 79.3 | 84.0 | 85.2 | 3.3% |
| Total | 262 | 274 | 314 | 310 | 5.8% |
Top Suppliers of Electrical Push-Button and Rotary Switch to Turkey in 2022:
- China (84.9M units)
- Italy (24.4M units)
- Germany (13.5M units)
- Croatia (10.7M units)
- Japan (8.5M units)
- Spain (8.5M units)
- France (5.4M units)
- Slovenia (5.1M units)
- South Korea (5.1M units)
- Czech Republic (5.0M units)
- India (4.5M units)
- Poland (2.0M units)
Exports of Electrical Push-Button and Rotary Switch in Turkey
In 2022, after three years of growth, there was decline in overseas shipments of electrical push-button and rotary switches for under 1000 v, when their volume decreased by -4.8% to 177M units. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 12%. As a result, the exports attained the peak of 186M units, and then contracted in the following year.
In value terms, electrical push-button and rotary switch exports expanded modestly to $136M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Electrical Push-Button and Rotary Switch in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.8 | 22.2 | 26.1 | 24.2 | -4.5% |
| Bulgaria | 3.7 | 8.3 | 11.5 | 10.7 | 42.5% |
| Russia | 3.8 | 3.6 | 3.9 | 9.9 | 37.6% |
| France | 6.3 | 6.5 | 8.1 | 8.0 | 8.3% |
| Iran | 4.1 | 4.7 | 4.0 | 5.9 | 12.9% |
| Uzbekistan | 3.3 | 2.7 | 2.9 | 4.0 | 6.6% |
| Hungary | 3.0 | 4.0 | 4.4 | 3.8 | 8.2% |
| Poland | 3.0 | 3.1 | 4.9 | 3.5 | 5.3% |
| Spain | 2.6 | 2.6 | 4.0 | 3.5 | 10.4% |
| Romania | 2.4 | 2.7 | 3.3 | 3.2 | 10.1% |
| Egypt | 1.6 | 1.4 | 2.3 | 2.7 | 19.1% |
| Iraq | 4.0 | 3.2 | 2.6 | 2.6 | -13.4% |
| Georgia | 1.9 | 1.6 | 1.5 | 2.2 | 5.0% |
| Others | 40.5 | 40.8 | 50.8 | 51.4 | 8.3% |
| Total | 108 | 107 | 131 | 136 | 8.0% |
Top Export Markets for Electrical Push-Button and Rotary Switch from Turkey in 2022:
- Bulgaria (15.3M units)
- Germany (14.3M units)
- Russia (12.3M units)
- Hungary (10.7M units)
- Uzbekistan (9.5M units)
- France (8.0M units)
- Iran (6.1M units)
- Egypt (6.0M units)
- Romania (5.3M units)
- Iraq (5.2M units)
- Poland (4.9M units)
- Spain (4.9M units)
- Georgia (4.8M units)
402
This report provides an in-depth analysis of the relay market in Turkey.
385
This report provides an in-depth analysis of the lamp holder market in Turkey.
418
This report provides an in-depth analysis of the electrical circuit apparatus market in Turkey.
540
This report provides an in-depth analysis of the circuit breaker market in Turkey.
488
This report provides an in-depth analysis of the electrical fuse market in Turkey.
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.
156
Circuit Breaker imports reached a peak of 5.2M units in May 2023, but decreased in the following months. In January 2024, imports plummeted to $25M in value.
183
During the review period, the imports of Circuit Breakers reached their highest level in May 2023, with 5.2 million units. However, from June 2023 to November 2023, the imports sustained a lower figure. In terms of value, the imports of Circuit Breakers declined to $30 million in November 2023.
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.
89
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.
731
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...
782
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...
831
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...
