China - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in China - 2023
Contents:
- Circuit Breaker Price in China (FOB) - 2022
- Circuit Breaker Price in China (CIF) - 2022
- Circuit Breaker Exports in China
- Circuit Breaker Imports in China
Circuit Breaker Price in China (FOB) - 2022
The average circuit breaker export price stood at $3.9 per unit in 2022, shrinking by -30.7% against the previous year. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 16%. As a result, the export price reached the peak level of $6.9 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9.4 per unit), while the average price for exports to Brazil ($1.5 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 Turkey (-0.1%), while the prices for the other major destinations experienced a decline.
Circuit Breaker Price in China (CIF) - 2022
In 2022, the average circuit breaker import price amounted to $13 per unit, shrinking by -38.4% against the previous year. In general, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $41 per unit. From 2017 to 2022, the average 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 Poland ($42 per unit), while the price for Japan ($6.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Exports in China
In 2022, circuit breaker exports from China soared to 425M units, jumping by 55% compared with the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, circuit breaker exports expanded sharply to $1.7B in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Circuit Breaker in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 61.1 | 73.0 | 97.3 | 153 | 35.8% |
| Brazil | 65.7 | 73.2 | 108 | 93.4 | 12.4% |
| United Kingdom | 37.1 | 37.8 | 91.3 | 78.2 | 28.2% |
| United States | 38.4 | 49.1 | 53.3 | 71.2 | 22.9% |
| Turkey | 25.6 | 30.2 | 61.4 | 69.1 | 39.2% |
| Singapore | 61.6 | 56.7 | 72.1 | 67.3 | 3.0% |
| Vietnam | 53.5 | 55.1 | 66.7 | 62.9 | 5.5% |
| India | 33.8 | 32.2 | 44.7 | 53.6 | 16.6% |
| Thailand | 25.4 | 26.3 | 30.7 | 34.2 | 10.4% |
| South Korea | 19.7 | 18.9 | 29.3 | 32.9 | 18.6% |
| Malaysia | 21.2 | 19.4 | 28.7 | 30.7 | 13.1% |
| Argentina | 10.4 | 14.4 | 16.8 | 17.3 | 18.5% |
| Pakistan | 32.0 | 17.0 | 24.3 | 16.8 | -19.3% |
| Others | 580 | 627 | 828 | 886 | 15.2% |
| Total | 1,066 | 1,131 | 1,553 | 1,667 | 16.1% |
Top Export Markets for Circuit Breaker from China in 2022:
- Russia (71.4M units)
- Brazil (61.6M units)
- Turkey (16.1M units)
- Malaysia (15.7M units)
- United Kingdom (12.3M units)
- India (11.5M units)
- Thailand (10.9M units)
- Vietnam (10.1M units)
- Singapore (9.4M units)
- South Korea (8.8M units)
- Argentina (8.0M units)
- Pakistan (7.6M units)
- United States (7.6M units)
Circuit Breaker Imports in China
In 2022, approx. 23M units of automatic circuit breakers were imported into China; rising by 72% compared with the year before. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, circuit breaker imports rose rapidly to $304M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 9.8%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Circuit Breaker in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 59.5 | 44.7 | 59.5 | 59.1 | -0.2% |
| Germany | 40.1 | 33.5 | 34.8 | 37.0 | -2.6% |
| Switzerland | 51.2 | 50.7 | 37.5 | 29.3 | -17.0% |
| Italy | 19.1 | 18.0 | 22.4 | 27.9 | 13.5% |
| Mexico | 8.3 | 8.5 | 12.5 | 18.6 | 30.9% |
| South Korea | 20.0 | 10.8 | 20.2 | 18.5 | -2.6% |
| United States | 13.5 | 9.7 | 10.4 | 16.2 | 6.3% |
| France | 11.5 | 8.6 | 10.3 | 16.0 | 11.6% |
| Thailand | 4.2 | 3.5 | 5.4 | 10.3 | 34.9% |
| Romania | 2.1 | 2.1 | 4.5 | 5.0 | 33.5% |
| Malaysia | 4.4 | 3.2 | 3.6 | 4.2 | -1.5% |
| India | 2.6 | 3.2 | 2.3 | 4.1 | 16.4% |
| Czech Republic | 15.2 | N/A | N/A | N/A | 0% |
| Others | 32.7 | 64.1 | 62.7 | 57.7 | 20.8% |
| Total | 285 | 261 | 286 | 304 | 2.2% |
Top Suppliers of Circuit Breaker to China in 2022:
- Japan (9.0M units)
- Germany (1.8M units)
- South Korea (1.0M units)
- France (0.8M units)
- Thailand (0.8M units)
- Italy (0.7M units)
- India (0.5M units)
- Mexico (0.4M units)
- United States (0.4M units)
- Romania (0.3M units)
- Malaysia (0.2M units)
- Switzerland (0.2M units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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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Exports of Circuit Breakers declined modestly to $170M in June 2023 in terms of value.
775
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
1190
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
874
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
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In value terms, electrical machines and apparatus imports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rat...
936
In value terms, electrical apparatus exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1300
In value terms, electrical machines and apparatus exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value decreased at an average annual rate...
368
Exports of Circuit Breakers declined modestly to $170M in June 2023 in terms of value.
775
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
1190
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
