Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam - 2022
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam (CIF) - 2022
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam (FOB) - 2022
- Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam (CIF) - 2022
The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $18 per unit in 2022, waning by -2% against the previous year. In general, the import price, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $19 per unit in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($18 per unit) and the United States ($18 per unit), while the price for South Korea ($18 per unit) and Japan ($18 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.5%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $15 per unit, approximately reflecting the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -17.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68%. The export price peaked at $22 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($15 per unit) and Lao People's Democratic Republic ($15 per unit), while the average price for exports to Chile ($15 per unit) and Thailand ($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 Germany (+5.6%), 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 Vietnam
In 2022, approx. 611K units of lightning arresters, voltage limiters and surge suppressors for over 1000 v were imported into Vietnam; waning by -47.5% on 2021. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of 1.2M units, and then shrank remarkably in the following year.
In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v declined dramatically to $11M in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. Over the period under review, imports of reached the peak figure at $22M in 2021, and then contracted markedly in the following year.
| Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 5.6 | 5.8 | 4.3 | -5.5% |
| Turkey | 0.6 | 0.9 | 0.9 | 0.7 | 5.3% |
| United Kingdom | 0.6 | 0.3 | 0.9 | 0.7 | 5.3% |
| Germany | 1.0 | 0.7 | 1.3 | 0.7 | -11.2% |
| Spain | 0.7 | 1.0 | 0.5 | 0.7 | 0.0% |
| United States | 0.4 | 0.4 | 6.3 | 0.6 | 14.5% |
| France | 0.7 | 2.6 | 0.6 | 0.6 | -5.0% |
| South Korea | 1.2 | 0.8 | 0.9 | 0.6 | -20.6% |
| India | 0.4 | 0.6 | 0.6 | 0.5 | 7.7% |
| Mexico | 1.0 | 0.7 | 1.2 | 0.3 | -33.1% |
| Japan | 0.8 | 1.8 | 0.3 | 0.3 | -27.9% |
| Russia | 0.7 | 1.0 | 0.7 | 0.1 | -47.7% |
| Others | 0.7 | 1.5 | 2.1 | 1.2 | 19.7% |
| Total | 13.9 | 17.8 | 21.8 | 11.2 | -6.9% |
Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Vietnam in 2022:
- China (236.9K units)
- Turkey (39.1K units)
- Germany (36.6K units)
- United Kingdom (36.5K units)
- Spain (36.4K units)
- France (32.3K units)
- South Korea (31.6K units)
- United States (30.2K units)
- India (28.9K units)
- Mexico (17.4K units)
- Japan (14.8K units)
- Russia (5.3K units)
Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam
In 2022, the amount of lightning arresters, voltage limiters and surge suppressors for over 1000 v exported from Vietnam fell significantly to 27K units, reducing by -32% against the previous year's figure. Overall, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports reached the peak of 39K units, and then fell dramatically in the following year.
In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v fell notably to $393K in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports attained the peak of $574K, and then reduced markedly in the following year.
| Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 366 | 212 | 459 | 170 | -22.6% |
| Lao People's Democratic Republic | 45.4 | 78.0 | 83.4 | 137 | 44.5% |
| South Korea | N/A | N/A | N/A | 21.4 | 0% |
| Indonesia | 21.1 | 24.1 | N/A | 21.1 | 0.0% |
| Tanzania | 10.1 | N/A | N/A | 13.2 | 9.3% |
| Thailand | 11.1 | N/A | N/A | 6.4 | -16.8% |
| Chile | N/A | N/A | N/A | 6.1 | 0% |
| Poland | N/A | 72.5 | N/A | N/A | 0% |
| Others | 34.2 | 26.3 | 31.6 | 18.1 | -19.1% |
| Total | 488 | 412 | 574 | 393 | -7.0% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Vietnam in 2022:
- Cambodia (11.5K units)
- Lao People's Democratic Republic (9.3K units)
- South Korea (1.5K units)
- Indonesia (1.4K units)
- Tanzania (0.9K units)
- Chile (0.4K units)
- Thailand (0.4K units)
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