Russian Federation - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Russian Federation - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights

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Circuit Breaker Price in Russia - 2022

Contents:

  1. Circuit Breaker Price in Russia (CIF) - 2022
  2. Circuit Breaker Price in Russia (FOB) - 2022
  3. Circuit Breaker Imports in Russia
  4. Circuit Breaker Exports in Russia

Circuit Breaker Price in Russia (CIF) - 2022

The average circuit breaker import price stood at $7.1 per unit in January 2022, approximately reflecting the previous month. Over the period under review, import price indicated a mild expansion from January 2021 to January 2022: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, circuit breaker import price decreased by -16.2% against November 2021 indices. The pace of growth was the most pronounced in March 2021 when the average import price increased by 78% m-o-m. As a result, import price reached the peak level of $11.1 per unit. From April 2021 to January 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Italy ($25.4 per unit), while the price for Thailand ($3.9 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Circuit Breaker Price in Russia (FOB) - 2022

In January 2022, the average circuit breaker export price amounted to $13.5 per unit, waning by -26.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in February 2021 an increase of 22% month-to-month. Over the period under review, the average export prices attained the peak figure at $18.3 per unit in December 2021, and then contracted sharply in the following month.

There were significant differences in the average prices for the major export markets. In January 2022, the country with the highest price was Germany ($74.8 per unit), while the average price for exports to Armenia ($6.2 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Circuit Breaker Imports in Russia

In 2022, overseas purchases of automatic circuit breakers decreased by -4.4% to 34M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9.6%. As a result, imports attained the peak of 36M units, and then fell slightly in the following year.

In value terms, circuit breaker imports contracted to $252M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of $272M, and then declined in the following year.

Import of Circuit Breaker in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China62.676.110011020.7%
France22.919.319.826.14.5%
Germany32.934.445.923.9-10.1%
Italy30.631.527.921.2-11.5%
Thailand7.07.69.811.518.0%
Bulgaria4.35.15.89.429.8%
South Korea13.27.45.27.8-16.1%
India5.36.67.73.2-15.5%
Belarus5.86.812.82.8-21.6%
Others37.636.337.236.3-1.2%
Total2222312722524.3%

Top Suppliers of Circuit Breaker to Russia in 2022:

  1. China (22.8M units)
  2. Thailand (3.0M units)
  3. Germany (1.7M units)
  4. Bulgaria (1.5M units)
  5. France (1.4M units)
  6. Italy (0.8M units)
  7. South Korea (0.7M units)
  8. India (0.5M units)
  9. Belarus (0.3M units)

Circuit Breaker Exports in Russia

In 2022, after three years of growth, there was decline in shipments abroad of automatic circuit breakers, when their volume decreased by -2.1% to 4.7M units. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. The exports peaked at 4.8M units in 2021, and then declined modestly in the following year.

In value terms, circuit breaker exports reduced to $67M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports attained the peak of $71M, and then reduced in the following year.

Export of Circuit Breaker in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.114.315.713.638.7%
Kazakhstan16.315.420.512.9-7.5%
Belarus13.611.013.810.2-9.1%
Ukraine2.63.43.82.82.5%
Uzbekistan2.94.52.82.5-4.8%
Armenia0.81.60.91.831.0%
France0.90.90.80.90.0%
Others14.611.213.022.114.8%
Total56.762.371.366.85.6%

Top Export Markets for Circuit Breaker from Russia in 2022:

  1. Kazakhstan (1901.3K units)
  2. Belarus (938.4K units)
  3. Ukraine (430.4K units)
  4. Armenia (315.7K units)
  5. Uzbekistan (293.4K units)
  6. Germany (168.8K units)
  7. France (76.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the circuit breaker market in the Russian Federation. 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:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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