Price for Electrical Push-Button and Rotary Switch in Uzbekistan - 2023

Contents:

  1. Price for Electrical Push-Button and Rotary Switch in Uzbekistan (CIF) - 2023
  2. Price for Electrical Push-Button and Rotary Switch in Uzbekistan (FOB) - 2022
  3. Imports of Electrical Push-Button and Rotary Switch in Uzbekistan
  4. Exports of Electrical Push-Button and Rotary Switch in Uzbekistan

Price for Electrical Push-Button and Rotary Switch in Uzbekistan (CIF) - 2023

The average import price for electrical push-button and rotary switches for under 1000 v stood at $1.5 per unit in November 2023, growing by 163% against the previous month. Over the period under review, the import price posted a noticeable expansion. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 190% month-to-month. As a result, import price attained the peak level of $1.7 per unit. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($1.8 per unit), while the price for Russia ($279 per thousand units) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for electrical push-button and rotary switches for under 1000 v amounted to $0.8 per unit, shrinking by -83.7% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 1,441% against the previous year. As a result, the export price attained the peak level of $4.8 per unit, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($4.8 per unit), while the average price for exports to Kyrgyzstan ($0.3 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+149.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Push-Button and Rotary Switch in Uzbekistan

In 2022, overseas purchases of electrical push-button and rotary switches for under 1000 v were finally on the rise to reach 38M units after two years of decline. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical push-button and rotary switch imports surged to $23M in 2022. Over the period under review, imports posted significant growth. 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 Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.45.13.97.932.4%
Turkey4.63.54.16.411.6%
South Korea1.31.41.53.336.4%
Russia1.71.22.6N/A23.7%
Iran0.50.40.1N/A-55.3%
Others1.61.52.45.853.6%
Total13.213.114.623.421.0%

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

  1. China (20.4M units)
  2. Turkey (14.5M units)
  3. South Korea (1.5M units)

Exports of Electrical Push-Button and Rotary Switch in Uzbekistan

In 2022, the amount of electrical push-button and rotary switches for under 1000 v exported from Uzbekistan surged to 779K units, picking up by 1,355% compared with the previous year's figure. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical push-button and rotary switch exports skyrocketed to $615K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electrical Push-Button and Rotary Switch in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan5.514.310.8331291.9%
Kyrgyzstan1.71.89.7168362.3%
ChinaN/AN/A2.372.43047.8%
KazakhstanN/A0.20.926.31046.7%
ArmeniaN/AN/AN/A6.40%
Russia76.3135233N/A74.7%
Others8.00.22.511.211.9%
Total91.615125961588.7%

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

  1. Kyrgyzstan (655.9K units)
  2. Tajikistan (68.9K units)
  3. China (20.5K units)
  4. Kazakhstan (14.7K units)
  5. Armenia (12.5K units)

Source: IndexBox Market Intelligence Platform

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