China - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsolating Switch Price in China - 2023
Contents:
- Isolating Switch Price in China (FOB) - 2022
- Isolating Switch Price in China (CIF) - 2022
- Isolating Switch Exports in China
- Isolating Switch Imports in China
Isolating Switch Price in China (FOB) - 2022
In 2022, the average isolating switch export price amounted to $2.5 per unit, waning by -82.2% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $19 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($34 per unit), while the average price for exports to Switzerland ($2.7 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 Zimbabwe (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Isolating Switch Price in China (CIF) - 2022
The average isolating switch import price stood at $57 per unit in 2022, which is down by -18.5% against the previous year. In general, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 39%. Over the period under review, average import prices attained the maximum at $103 per unit in 2017; however, from 2018 to 2022, import prices stood 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 Japan ($262 per unit), while the price for India ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Isolating Switch Exports in China
After two years of decline, overseas shipments of isolating switches & make-and-break switches increased by 534% to 54M units in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, isolating switch exports rose rapidly to $136M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Isolating Switch in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 13.2 | 12.7 | 18.8 | 14.5 | 3.2% |
| Philippines | 4.2 | 11.4 | 4.5 | 10.5 | 35.7% |
| South Korea | 11.1 | 7.8 | 8.2 | 10.5 | -1.8% |
| United States | 4.3 | 4.1 | 4.9 | 7.9 | 22.5% |
| Saudi Arabia | 5.0 | 9.0 | 7.3 | 7.3 | 13.4% |
| Indonesia | 14.2 | 4.4 | 4.0 | 7.2 | -20.3% |
| Zimbabwe | 0.1 | N/A | 0.2 | 4.6 | 258.3% |
| Ecuador | 1.1 | 0.3 | 0.7 | 3.9 | 52.5% |
| Mozambique | N/A | 0.6 | 1.1 | 2.5 | 104.1% |
| Australia | 3.9 | 5.4 | 3.8 | 2.3 | -16.1% |
| Russia | 1.3 | 2.2 | 1.0 | 2.2 | 19.2% |
| Ukraine | 1.5 | 1.0 | 0.6 | 1.2 | -7.2% |
| Switzerland | N/A | N/A | N/A | 1.2 | 0% |
| Others | 56.2 | 59.8 | 65.4 | 60.3 | 2.4% |
| Total | 116 | 119 | 121 | 136 | 5.4% |
Top Export Markets for Isolating Switch from China in 2022:
- South Korea (1.6M units)
- Vietnam (1.4M units)
- Indonesia (0.9M units)
- Philippines (0.8M units)
- Ecuador (0.7M units)
- United States (0.5M units)
- Zimbabwe (0.4M units)
- Switzerland (0.4M units)
- Russia (0.4M units)
- Australia (0.3M units)
- Mozambique (0.3M units)
- Ukraine (0.2M units)
- Saudi Arabia (0.2M units)
Isolating Switch Imports in China
In 2022, supplies from abroad of isolating switches & make-and-break switches decreased by -4.9% to 436K units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. Imports peaked at 458K units in 2021, and then declined modestly in the following year.
In value terms, isolating switch imports shrank markedly to $25M in 2022. Over the period under review, imports recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of $32M, and then fell dramatically in the following year.
| Import of Isolating Switch in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.8 | 10.6 | 14.1 | 11.3 | 4.9% |
| France | 0.6 | 1.7 | 1.8 | 2.2 | 54.2% |
| Russia | 1.4 | 1.1 | 1.8 | 1.8 | 8.7% |
| South Korea | 2.5 | 4.3 | 3.9 | 1.6 | -13.8% |
| United Kingdom | 0.5 | 0.4 | 1.6 | 1.3 | 37.5% |
| Canada | 0.5 | 0.7 | 0.5 | 0.8 | 17.0% |
| United States | 0.5 | 0.5 | 1.1 | 0.7 | 11.9% |
| Italy | 1.4 | 1.1 | 0.6 | 0.7 | -20.6% |
| Poland | N/A | 0.2 | 0.3 | 0.6 | 73.2% |
| Japan | 2.8 | 2.4 | 2.1 | 0.6 | -40.2% |
| Finland | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Switzerland | 6.4 | 2.5 | 2.1 | 0.4 | -60.3% |
| India | N/A | N/A | 0.7 | 0.1 | -85.7% |
| Others | 1.4 | 1.7 | 1.3 | 2.2 | 16.3% |
| Total | 27.9 | 27.2 | 32.1 | 24.9 | -3.7% |
Top Suppliers of Isolating Switch to China in 2022:
- Netherlands (182.3K units)
- United Kingdom (39.8K units)
- France (25.9K units)
- Poland (12.3K units)
- South Korea (11.7K units)
- Russia (11.3K units)
- Finland (9.1K units)
- Canada (7.2K units)
- India (6.8K units)
- United States (5.3K units)
- Switzerland (3.7K units)
- Italy (3.6K units)
- Japan (2.5K units)
This report provides an in-depth analysis of the isolating switch market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27121030 - Isolating switches and make-and-break switches
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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