United Kingdom - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsolating Switch Price in the UK - 2023
Contents:
- Isolating Switch Price in the UK (FOB) - 2022
- Isolating Switch Price in the UK (CIF) - 2022
- Isolating Switch Exports in the UK
- Isolating Switch Imports in the UK
Isolating Switch Price in the UK (FOB) - 2022
The average isolating switch export price stood at $106 per unit in 2022, jumping by 43% against the previous year. In general, the export price saw a strong increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 45%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($615 per unit), while the average price for exports to Sri Lanka ($17 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 Hong Kong SAR (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Isolating Switch Price in the UK (CIF) - 2022
The average isolating switch import price stood at $44 per unit in 2022, with an increase of 6.8% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, isolating switch import price increased by +63.4% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 41%. The import price peaked at $45 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Spain ($113 per unit), while the price for the Netherlands ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Isolating Switch Exports in the UK
In 2022, shipments abroad of isolating switches & make-and-break switches decreased by -40.8% to 280K units, falling for the second consecutive year after two years of growth. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 4.2%. As a result, the exports reached the peak of 576K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, isolating switch exports declined markedly to $30M in 2022. Over the period under review, exports saw a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 1.4% against the previous year. As a result, the exports reached the peak of $35M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Isolating Switch in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.1 | 10.9 | 9.4 | 10.5 | -1.8% |
Germany | 0.7 | 1.0 | 1.5 | 1.8 | 37.0% |
Hong Kong SAR | 0.6 | 0.3 | 0.1 | 1.6 | 38.7% |
Australia | 1.1 | 1.2 | 1.0 | 0.9 | -6.5% |
France | 0.4 | 0.2 | 0.9 | 0.8 | 26.0% |
Ireland | 0.5 | 0.3 | 1.9 | 0.8 | 17.0% |
Nigeria | 0.7 | 0.8 | 0.7 | 0.8 | 4.6% |
Brunei Darussalam | 0.4 | 1.5 | 0.6 | 0.6 | 14.5% |
Sri Lanka | 0.2 | N/A | 0.5 | 0.5 | 35.7% |
South Africa | 0.4 | 0.7 | 0.6 | 0.3 | -9.1% |
United Arab Emirates | 3.8 | 6.8 | 5.6 | 0.3 | -57.1% |
Trinidad and Tobago | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
Bahamas | 0.4 | 0.5 | 1.0 | 0.2 | -20.6% |
Others | 14.5 | 11.2 | 10.8 | 10.2 | -11.1% |
Total | 34.9 | 35.4 | 35.0 | 29.7 | -5.2% |
Top Export Markets for Isolating Switch from the UK in 2022:
- Sri Lanka (26.3K units)
- Nigeria (24.2K units)
- United States (17.1K units)
- Brunei Darussalam (16.9K units)
- Germany (15.1K units)
- Hong Kong SAR (13.9K units)
- Australia (12.4K units)
- United Arab Emirates (11.5K units)
- France (10.5K units)
- South Africa (10.3K units)
- Trinidad and Tobago (8.9K units)
- Ireland (8.2K units)
- Bahamas (8.0K units)
Isolating Switch Imports in the UK
In 2022, approx. 1.1M units of isolating switches & make-and-break switches were imported into the UK; growing by 72% compared with the previous year's figure. In general, imports, however, recorded a deep contraction. Imports peaked at 1.6M units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, isolating switch imports surged to $50M in 2022. Over the period under review, imports showed a temperate expansion. Imports peaked at $58M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
Import of Isolating Switch in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 18.8 | 19.1 | 8.8 | 18.8 | 0.0% |
Italy | 4.8 | 7.5 | 3.2 | 10.0 | 27.7% |
China | 2.5 | 4.3 | 5.5 | 4.9 | 25.1% |
Germany | 7.4 | 13.2 | 2.6 | 3.9 | -19.2% |
Netherlands | 0.8 | 3.7 | 1.6 | 3.2 | 58.7% |
France | 1.8 | 1.4 | 0.1 | 1.5 | -5.9% |
United Arab Emirates | 2.2 | 1.6 | 1.0 | 1.4 | -14.0% |
Others | 7.4 | 7.3 | 4.1 | 6.1 | -6.2% |
Total | 45.7 | 58.0 | 27.0 | 49.6 | 2.8% |
Top Suppliers of Isolating Switch to the UK in 2022:
- Italy (293.6K units)
- Netherlands (223.9K units)
- Switzerland (223.1K units)
- China (131.0K units)
- United Arab Emirates (84.3K units)
- Germany (43.8K units)
- France (28.9K units)
This report provides an in-depth analysis of the isolating switch market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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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