Price for Electrical Push-Button and Rotary Switch in Ukraine - 2024

Contents:

  1. Price for Electrical Push-Button and Rotary Switch in Ukraine (FOB) - 2022
  2. Price for Electrical Push-Button and Rotary Switch in Ukraine (CIF) - 2024
  3. Exports of Electrical Push-Button and Rotary Switch in Ukraine
  4. Imports of Electrical Push-Button and Rotary Switch in Ukraine

Price for Electrical Push-Button and Rotary Switch in Ukraine (FOB) - 2022

The average export price for electrical push-button and rotary switches for under 1000 v stood at $2.1 per unit in 2022, with an increase of 4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2018 an increase of 17%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3.5 per unit), while the average price for exports to Russia ($0.6 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 Bulgaria (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electrical Push-Button and Rotary Switch in Ukraine (CIF) - 2024

In January 2024, the average import price for electrical push-button and rotary switches for under 1000 v amounted to $821 per thousand units, reducing by -9.8% against the previous month. In general, the import price showed a pronounced shrinkage. The growth pace was the most rapid in March 2023 when the average import price increased by 53% m-o-m. The import price peaked at $1.9 per unit in April 2023; however, from May 2023 to January 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($4.3 per unit), while the price for Turkey ($400 per thousand units) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Spain (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electrical Push-Button and Rotary Switch in Ukraine

In 2022, the amount of electrical push-button and rotary switches for under 1000 v exported from Ukraine contracted sharply to 20M units, which is down by -30.1% on 2021 figures. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the peak figure at 32M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electrical push-button and rotary switch exports fell significantly to $42M in 2022. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, the exports attained the peak of $58M, and then contracted sharply in the following year.

Export of Electrical Push-Button and Rotary Switch in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34.528.435.126.9-8.0%
Czech Republic8.64.85.64.8-17.7%
Serbia0.12.32.82.0171.4%
United Kingdom2.43.55.41.9-7.5%
Spain0.21.11.01.386.6%
France0.71.01.31.219.7%
BulgariaN/AN/AN/A0.80%
Moldova0.10.10.10.681.7%
Russia2.72.52.40.3-51.9%
Belarus1.40.60.50.1-58.5%
Others3.92.73.42.3-16.1%
Total54.646.957.742.2-8.2%

Top Export Markets for Electrical Push-Button and Rotary Switch from Ukraine in 2022:

  1. Germany (12.1M units)
  2. Czech Republic (1.7M units)
  3. Serbia (1.5M units)
  4. Moldova (1.0M units)
  5. Russia (0.6M units)
  6. United Kingdom (0.5M units)
  7. Bulgaria (0.5M units)
  8. France (0.4M units)
  9. Spain (0.4M units)
  10. Belarus (0.1M units)

Imports of Electrical Push-Button and Rotary Switch in Ukraine

Electrical push-button and rotary switch imports into Ukraine shrank sharply to 24M units in 2022, waning by -51% against the year before. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 50M units, and then reduced markedly in the following year.

In value terms, electrical push-button and rotary switch imports fell sharply to $30M in 2022. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports reached the peak of $50M, and then dropped dramatically in the following year.

Import of Electrical Push-Button and Rotary Switch in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.28.211.89.810.8%
Germany4.65.56.32.9-14.3%
Poland2.12.72.72.56.0%
Turkey3.13.54.32.1-12.2%
Italy2.02.13.11.6-7.2%
Hungary0.81.11.41.523.3%
Spain1.21.11.40.7-16.4%
Russia1.81.72.60.3-45.0%
Belarus0.70.90.80.1-47.7%
Others11.811.715.58.5-10.4%
Total35.438.550.029.9-5.5%

Top Suppliers of Electrical Push-Button and Rotary Switch to Ukraine in 2022:

  1. China (9.9M units)
  2. Turkey (7.1M units)
  3. Poland (1.7M units)
  4. Italy (0.8M units)
  5. Germany (0.6M units)
  6. Russia (0.6M units)
  7. Spain (0.6M units)
  8. Hungary (0.4M units)
  9. Belarus (0.1M units)

Source: IndexBox Market Intelligence Platform

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Free Data: Electrical Push-Button and Rotary Switches for under 1000 V - Ukraine