Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Serbia - 2024

Contents:

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

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

The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $17 per unit in 2022, rising by 26% against the previous year. In general, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 77%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($54 per unit), while the price for Hungary ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+18.9%), 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 Serbia (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, which is down by -25.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 58%. As a result, the export price attained the peak level of $23 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($34 per unit), while the average price for exports to Bosnia and Herzegovina ($11 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 North Macedonia (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the third year in a row, Serbia recorded decline in overseas purchases of lightning arresters, voltage limiters and surge suppressors for over 1000 v, which decreased by -0.9% to 57K units in 2022. Over the period under review, imports saw a abrupt downturn. Imports peaked at 69K 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 soared to $992K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 increased by +54.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania23.327.196.7235116.1%
Slovenia12611764.21587.8%
Belgium38.150.049.411343.7%
China94.21251331064.0%
Germany10583.544.791.4-4.5%
Sweden31.154.892.389.542.2%
Turkey59.060.766.760.40.8%
Hungary10.011.611.218.623.0%
Others156138238120-8.4%
Total64366879799215.5%

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

  1. Hungary (12.9K units)
  2. China (9.5K units)
  3. Slovenia (8.6K units)
  4. Sweden (6.3K units)
  5. Belgium (5.2K units)
  6. Romania (4.4K units)
  7. Germany (3.8K units)
  8. Turkey (3.3K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Serbia

Exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v from Serbia skyrocketed to 15K units in 2022, rising by 38% compared with the year before. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 expanded slightly to $232K in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia42.356.261.412543.5%
Bosnia and Herzegovina65.958.557.358.7-3.8%
Montenegro75.492.430.332.3-24.6%
Others8.65.676.215.922.7%
Total1922132252326.5%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Serbia in 2022:

  1. North Macedonia (6.8K units)
  2. Bosnia and Herzegovina (5.5K units)
  3. Montenegro (2.4K units)

Source: IndexBox Market Intelligence Platform

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