Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India - 2023
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India (FOB) - 2022
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India (CIF) - 2022
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India
- Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India (FOB) - 2022
The average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $15 per unit in 2022, declining by -10.4% against the previous year. Overall, the export price, however, posted tangible growth. The most prominent rate of growth was recorded in 2017 an increase of 53%. The export price peaked at $18 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($15 per unit) and Germany ($15 per unit), while the average price for exports to the UK ($15 per unit) and Ireland ($15 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+21.3%), 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 India (CIF) - 2022
In 2022, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $19 per unit, with a decrease of -5.2% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v increased by +25.7% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $20 per unit in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($19 per unit) and Denmark ($19 per unit), while the price for Israel ($18 per unit) and the UK ($19 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.2%), 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 India
In 2022, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v from India surged to 1.1M units, with an increase of 42% on 2021. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% 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 +66.0% 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 $17M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +46.0% against 2019 indices. As a result, the exports attained 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,734 | 2,351 | 4,614 | 5,384 | 25.3% |
| United States | 147 | 190 | 156 | 1,766 | 129.0% |
| United Kingdom | 1,128 | 799 | 598 | 1,345 | 6.0% |
| Greece | 133 | 1,082 | 1,235 | 1,145 | 105.0% |
| Nepal | 434 | 541 | 513 | 997 | 31.9% |
| Israel | 227 | 329 | 337 | 725 | 47.3% |
| Bangladesh | 494 | 1,487 | 703 | 712 | 13.0% |
| Ireland | 0.7 | 196 | 432 | 485 | 784.9% |
| Nigeria | 139 | 32.3 | 84.5 | 312 | 30.9% |
| Germany | 849 | 196 | 460 | 273 | -31.5% |
| Peru | 116 | 720 | 65.7 | 235 | 26.5% |
| Colombia | 66.3 | 486 | 431 | 176 | 38.5% |
| Netherlands | 734 | 150 | N/A | 0.2 | -93.5% |
| Others | 4,312 | 3,478 | 3,543 | 3,260 | -8.9% |
| Total | 11,515 | 12,039 | 13,171 | 16,816 | 13.5% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from India in 2022:
- Poland (357.7K units)
- United States (117.3K units)
- United Kingdom (89.3K units)
- Greece (76.1K units)
- Nepal (66.2K units)
- Israel (48.2K units)
- Bangladesh (47.3K units)
- Ireland (32.3K units)
- Nigeria (20.7K units)
- Germany (18.2K units)
- Peru (15.6K units)
- Colombia (11.7K units)
Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India
In 2022, approx. 667K units of lightning arresters, voltage limiters and surge suppressors for over 1000 v were imported into India; growing by 4.2% against the year before. In general, imports, however, showed a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 7.7% against the previous year. Imports peaked at 711K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v contracted to $13M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $13M, and then dropped modestly in the following year.
| Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,286 | 3,085 | 1,921 | 3,044 | -2.5% |
| China | 2,092 | 1,750 | 2,465 | 3,004 | 12.8% |
| Denmark | 37.5 | 400 | 657 | 914 | 189.9% |
| Japan | 246 | 140 | 594 | 854 | 51.4% |
| Turkey | 584 | 404 | 735 | 704 | 6.4% |
| South Korea | 224 | 413 | 758 | 586 | 37.8% |
| United States | 856 | 944 | 404 | 502 | -16.3% |
| United Kingdom | 306 | 135 | 239 | 408 | 10.1% |
| Austria | 139 | 258 | 348 | 355 | 36.7% |
| Spain | 360 | 224 | 122 | 308 | -5.1% |
| France | 835 | 599 | 967 | 268 | -31.5% |
| Singapore | 265 | 227 | 122 | 264 | -0.1% |
| Israel | 44.0 | 707 | 6.4 | 247 | 77.7% |
| Others | 1,423 | 1,703 | 3,428 | 1,148 | -6.9% |
| Total | 10,698 | 10,991 | 12,765 | 12,607 | 5.6% |
Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to India in 2022:
- Germany (161.0K units)
- China (158.9K units)
- Denmark (48.3K units)
- Japan (45.2K units)
- Turkey (37.3K units)
- South Korea (31.0K units)
- United States (26.5K units)
- United Kingdom (21.6K units)
- Austria (18.8K units)
- Spain (16.3K units)
- France (14.2K units)
- Singapore (13.9K units)
- Israel (13.5K units)
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