Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland - 2024
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland (CIF) - 2024
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland (FOB) - 2022
- Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland (CIF) - 2024
The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $39.1 per unit in February 2024, picking up by 152% against the previous month. Overall, the import price enjoyed a prominent expansion. Over the period under review, average import prices hit record highs at $39.8 per unit in June 2023; however, from July 2023 to February 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($76.3 per unit), while the price for South Africa ($9.1 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland (FOB) - 2022
In 2022, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $51 per unit, surging by 24% against the previous year. Over the period under review, the export price, however, recorded a mild contraction. The growth pace was the most rapid in 2019 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs at $61 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 United States ($157 per unit), while the average price for exports to Sweden ($16 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 the United Arab Emirates (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland
Imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v into Finland shrank to 265K units in 2022, which is down by -8.8% compared with 2021. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of 291K units, and then fell in the following year.
In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v shrank rapidly to $3.7M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of $5M, and then reduced rapidly in the following year.
| Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 993 | 983 | 1,979 | 1,321 | 10.0% |
| South Korea | 1,005 | 423 | 696 | 560 | -17.7% |
| Sweden | 330 | 696 | 1,071 | 371 | 4.0% |
| Switzerland | 329 | 366 | 342 | 346 | 1.7% |
| United Kingdom | 154 | 44.6 | 151 | 248 | 17.2% |
| Estonia | 37.3 | 177 | 188 | 203 | 75.9% |
| Poland | 42.1 | 268 | 106 | 151 | 53.1% |
| China | 149 | 14.1 | 9.0 | 96.8 | -13.4% |
| Italy | 1.0 | 2.9 | 1.9 | 57.7 | 286.4% |
| Netherlands | 1.5 | 258 | 29.3 | 26.9 | 161.8% |
| Others | 592 | 527 | 382 | 343 | -16.6% |
| Total | 3,635 | 3,760 | 4,957 | 3,725 | 0.8% |
Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Finland in 2022:
- Germany (86.2K units)
- South Korea (43.8K units)
- United Kingdom (30.0K units)
- Sweden (26.0K units)
- Estonia (24.0K units)
- Poland (10.7K units)
- Switzerland (9.6K units)
- Italy (7.8K units)
- China (7.2K units)
- Netherlands (5.2K units)
Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland
In 2022, shipments abroad of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -21.4% to 5.3K units, falling for the second consecutive year after two years of growth. In general, exports showed a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 7.3% against the previous year. As a result, the exports attained the peak of 13K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v shrank slightly to $274K in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 13%. As a result, the exports reached the peak of $566K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | 0.2 | 86.6 | 88.3 | 2001.2% |
| United States | 2.7 | 39.3 | 76.6 | 38.6 | 142.7% |
| Turkey | 0.8 | 1.4 | N/A | 37.4 | 260.2% |
| Norway | 1.8 | 114 | 4.3 | 29.2 | 153.1% |
| Australia | 22.9 | 0.8 | 30.4 | 27.1 | 5.8% |
| Estonia | 15.4 | 63.9 | 22.2 | 4.6 | -33.2% |
| Sweden | 2.3 | 0.8 | 4.4 | 2.4 | 1.4% |
| United Arab Emirates | 119 | 1.8 | 0.7 | 1.7 | -75.7% |
| Brazil | 0.3 | 258 | 1.8 | 1.5 | 71.0% |
| Kazakhstan | 54.1 | 0.7 | 0.9 | 1.5 | -69.7% |
| Russia | 134 | 14.5 | 1.2 | N/A | -90.5% |
| Saudi Arabia | 65.3 | 1.2 | 1.5 | N/A | -84.8% |
| Others | 83.4 | 69.5 | 50.2 | 42.1 | -20.4% |
| Total | 502 | 566 | 281 | 274 | -18.3% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Finland in 2022:
- Philippines (2538.0 units)
- Australia (830.0 units)
- Norway (421.0 units)
- Turkey (405.0 units)
- United States (246.0 units)
- Estonia (157.0 units)
- Sweden (150.0 units)
- Brazil (43.0 units)
- United Arab Emirates (26.0 units)
- Kazakhstan (17.0 units)
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