Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China - 2024
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China (FOB) - 2022
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China (CIF) - 2024
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China
- Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China (FOB) - 2022
In 2022, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $4.7 per unit, falling by -14.9% against the previous year. Overall, the export price saw a slight shrinkage. The pace of growth was the most pronounced in 2020 an increase of 41%. As a result, the export price reached the peak level of $6.3 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($7.3 per unit), while the average price for exports to India ($2 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 Indonesia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China (CIF) - 2024
The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $653 per thousand units in February 2024, picking up by 77% against the previous month. Over the period under review, the import price continues to indicate perceptible growth. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 263% m-o-m. As a result, import price reached the peak level of $0.9 per unit. From October 2023 to February 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($3.6 per unit), while the price for Thailand ($100 per thousand units) was amongst the lowest.
From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Indonesia (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China
In 2022, the amount of lightning arresters, voltage limiters and surge suppressors for over 1000 v exported from China surged to 22M units, jumping by 41% against the previous year. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% 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 +55.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v surged to $105M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.8 | 11.0 | 10.7 | 19.3 | 41.6% |
Germany | 5.4 | 6.1 | 6.6 | 6.8 | 8.0% |
South Korea | 1.8 | 4.0 | 3.1 | 5.4 | 44.2% |
Mexico | 2.4 | 2.9 | 1.8 | 4.9 | 26.9% |
Japan | 2.4 | 2.9 | 2.6 | 4.3 | 21.5% |
Brazil | 4.1 | 4.7 | 3.0 | 3.7 | -3.4% |
Vietnam | 4.5 | 4.6 | 4.9 | 3.7 | -6.3% |
Indonesia | 2.5 | 1.2 | 1.6 | 2.9 | 5.1% |
Philippines | 3.8 | 1.2 | 1.5 | 2.5 | -13.0% |
India | 1.8 | 1.7 | 2.5 | 2.5 | 11.6% |
Thailand | 4.2 | 7.1 | 2.8 | 2.5 | -15.9% |
Italy | 0.7 | 0.5 | 0.8 | 2.3 | 48.7% |
Colombia | 2.3 | 1.8 | 2.6 | 2.3 | 0.0% |
Others | 42.8 | 41.4 | 43.5 | 42.3 | -0.4% |
Total | 85.3 | 91.0 | 87.9 | 105 | 7.2% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from China in 2022:
- United States (4.5M units)
- Mexico (1.9M units)
- Brazil (1.6M units)
- Germany (1.4M units)
- India (1.3M units)
- Philippines (1.0M units)
- Thailand (0.9M units)
- Italy (0.8M units)
- South Korea (0.8M units)
- Japan (0.7M units)
- Vietnam (0.6M units)
- Indonesia (0.4M units)
- Colombia (0.4M units)
Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China
In 2022, purchases abroad of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -19.7% to 358K units, falling for the second year in a row after two years of growth. In general, imports recorded a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of 34%. As a result, imports reached the peak of 520K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v dropped to $18M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.8 | 5.5 | 2.5 | 3.2 | -5.6% |
Thailand | 3.3 | 3.1 | 2.5 | 2.1 | -14.0% |
Sweden | 0.2 | 2.5 | 2.5 | 2.0 | 115.4% |
Japan | 2.0 | 1.6 | 1.5 | 1.4 | -11.2% |
Denmark | 0.4 | 0.6 | 1.5 | 1.0 | 35.7% |
Indonesia | 0.1 | 0.1 | 0.5 | 0.8 | 100.0% |
United States | 1.5 | 1.3 | 1.3 | 0.8 | -18.9% |
Belgium | 0.5 | 0.9 | 1.5 | 0.8 | 17.0% |
Malaysia | 0.3 | 0.8 | 0.5 | 0.5 | 18.6% |
Mexico | 0.2 | 0.1 | 0.5 | 0.4 | 26.0% |
India | 0.1 | N/A | N/A | 0.2 | 26.0% |
South Korea | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Spain | 0.3 | 0.2 | N/A | N/A | -33.3% |
Others | 1.6 | 5.2 | 5.2 | 5.2 | 48.1% |
Total | 14.5 | 22.2 | 20.1 | 18.4 | 8.3% |
Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to China in 2022:
- Sweden (105.4K units)
- India (34.9K units)
- Japan (24.2K units)
- Denmark (19.1K units)
- Germany (18.8K units)
- Mexico (13.9K units)
- Thailand (11.5K units)
- United States (11.0K units)
- Indonesia (10.7K units)
- South Korea (10.6K units)
- Malaysia (6.5K units)
- Belgium (2.8K units)
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