Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Iraq - 2022

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Iraq (CIF) - 2022
  2. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Iraq

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Iraq (CIF) - 2022

The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $5.4 per unit in 2022, which is down by -25.9% against the previous year. Overall, the import price saw a slight downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 200%. As a result, import price attained the peak level of $16 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($16 per unit), while the price for China ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Iraq

In 2022, approx. 629K units of lightning arresters, voltage limiters and surge suppressors for over 1000 v were imported into Iraq; falling by -6.7% against the previous year. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Imports peaked at 1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v reduced rapidly to $3.4M in 2022. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Imports peaked at $5.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1005913,4131,62313.8%
China1,044286528778-9.3%
Turkey619382334462-9.3%
Sweden70337136691.6-49.3%
United States1,32090952.135.0-70.2%
South Korea13274.433.87.6-61.4%
Others467277197409-4.3%
Total5,3842,8904,9253,407-14.1%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Iraq in 2022:

  1. China (253.1K units)
  2. Germany (212.9K units)
  3. Turkey (109.6K units)
  4. Sweden (21.7K units)
  5. United States (2.2K units)
  6. South Korea (1.8K units)

Source: IndexBox Market Intelligence Platform

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