India - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in India - 2023
Contents:
- Circuit Breaker Price in India (FOB) - 2023
- Circuit Breaker Price in India (CIF) - 2023
- Circuit Breaker Exports in India
- Circuit Breaker Imports in India
Circuit Breaker Price in India (FOB) - 2023
In July 2023, the average circuit breaker export price amounted to $23.6 per unit, increasing by 11% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Italy ($46.5 per unit), while the average price for exports to the United Arab Emirates ($18.0 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Circuit Breaker Price in India (CIF) - 2023
In July 2023, the average circuit breaker import price amounted to $17.6 per unit, increasing by 7% against the previous month. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was South Korea ($26.2 per unit), while the price for Japan ($16.8 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Exports in India
In 2022, the amount of automatic circuit breakers exported from India declined remarkably to 15M units, waning by -15.5% on the previous year. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, the exports attained the peak of 18M units, and then declined dramatically in the following year.
In value terms, circuit breaker exports totaled $287M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Circuit Breaker in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 52.9 | 46.4 | 55.6 | 47.5 | -3.5% |
| United States | 11.3 | 16.7 | 30.8 | 29.2 | 37.2% |
| France | 16.3 | 15.0 | 22.8 | 22.7 | 11.7% |
| United Arab Emirates | 14.1 | 15.1 | 18.6 | 16.9 | 6.2% |
| Brazil | 8.4 | 7.1 | 12.9 | 14.1 | 18.8% |
| Turkey | 4.8 | 7.7 | 16.0 | 13.5 | 41.2% |
| Bangladesh | 7.9 | 8.0 | 8.2 | 9.7 | 7.1% |
| Australia | 4.5 | 5.0 | 6.5 | 7.2 | 17.0% |
| United Kingdom | 1.9 | 3.1 | 4.4 | 6.1 | 47.5% |
| Indonesia | 9.3 | 4.5 | 6.4 | 5.8 | -14.6% |
| Nepal | 8.4 | 5.0 | 6.9 | 5.8 | -11.6% |
| Poland | 3.7 | 2.9 | 5.1 | 4.7 | 8.3% |
| Myanmar | 1.4 | 1.4 | 0.8 | 0.8 | -17.0% |
| Others | 97.3 | 70.6 | 91.9 | 103 | 1.9% |
| Total | 242 | 209 | 287 | 287 | 5.8% |
Top Export Markets for Circuit Breaker from India in 2022:
- Singapore (2.8M units)
- United Arab Emirates (2.6M units)
- United States (1.7M units)
- France (1.3M units)
- Turkey (0.7M units)
- Brazil (0.5M units)
- Australia (0.4M units)
- Myanmar (0.4M units)
- United Kingdom (0.4M units)
- Poland (0.3M units)
- Indonesia (0.3M units)
- Nepal (0.3M units)
- Bangladesh (0.2M units)
Circuit Breaker Imports in India
In 2022, approx. 8.9M units of automatic circuit breakers were imported into India; increasing by 14% against the year before. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, circuit breaker imports expanded remarkably to $153M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 +51.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Circuit Breaker in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.2 | 31.7 | 51.8 | 57.2 | 18.7% |
| Germany | 29.7 | 23.4 | 33.5 | 30.3 | 0.7% |
| France | 12.3 | 10.3 | 9.1 | 9.8 | -7.3% |
| Italy | 8.1 | 5.1 | 8.0 | 9.6 | 5.8% |
| Thailand | 0.4 | 3.4 | 7.6 | 7.3 | 163.3% |
| Israel | 0.4 | 0.4 | 0.1 | 5.6 | 141.0% |
| South Korea | 5.9 | 2.5 | 4.9 | 5.4 | -2.9% |
| United States | 4.3 | 3.7 | 5.3 | 5.3 | 7.2% |
| Singapore | 11.3 | 4.2 | 4.8 | 4.6 | -25.9% |
| Japan | 2.1 | 1.5 | 2.4 | 3.5 | 18.6% |
| Denmark | 1.3 | 3.2 | 2.4 | 3.3 | 36.4% |
| Others | 7.7 | 11.6 | 10.5 | 10.8 | 11.9% |
| Total | 118 | 101 | 140 | 153 | 9.0% |
Top Suppliers of Circuit Breaker to India in 2022:
- China (3400.0K units)
- Germany (1830.0K units)
- Italy (588.4K units)
- France (563.0K units)
- Thailand (428.9K units)
- Israel (346.2K units)
- United States (291.7K units)
- Singapore (283.4K units)
- South Korea (245.5K units)
- Japan (216.8K units)
- Denmark (204.0K units)
This report provides an in-depth analysis of the circuit breaker market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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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In February 2023, the circuit breaker price amounted to $20.7 per unit (FOB, India), approximately reflecting the previous month.
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
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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...
285
In February 2023, the circuit breaker price amounted to $20.7 per unit (FOB, India), approximately reflecting the previous month.
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...
