Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Saudi Arabia - 2022
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Saudi Arabia (FOB) - 2022
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Saudi Arabia
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Saudi Arabia (FOB) - 2022
In 2021, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $4.5 per unit, with a decrease of -48.1% against the previous year. In general, the export price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2016 an increase of 181% against the previous year. Over the period under review, the average export prices attained the maximum at $17 per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($12 per unit), while the average price for exports to Bahrain ($1.7 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+198.2%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Saudi Arabia
For the fourth year in a row, Saudi Arabia recorded growth in overseas shipments of lightning arresters, voltage limiters and surge suppressors for over 1000 v, which increased by 15% to 283K units in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,094%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v surged to $1.9M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 656%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| United Arab Emirates | 573 | 1,002 | 74.9% |
| Germany | N/A | 79.2 | 0% |
| Others | 157 | 24.9 | -84.1% |
| Total | 729 | 1,106 | 51.7% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Saudi Arabia in 2022:
- United Arab Emirates (237.4K units)
- Germany (6.8K units)
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