Report Update: Apr 1, 2024

China - Electrical Apparatus for Circuit Connection, Switching and Protection - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Electrical Circuit Apparatus Prices in China

China Electrical Circuit Apparatus Export Price in August 2022

In August 2022, the electrical circuit apparatus price stood at $25.0 per kg (FOB, China), with an increase of 4% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in February 2022 when the average export price increased by 24% month-to-month. As a result, the export price attained the peak level of $26,248 per ton. From March 2022 to August 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($83.2 per kg), while the average price for exports to Russia ($11.7 per kg) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

China Electrical Circuit Apparatus Exports

After five months of growth, shipments abroad of electrical apparatus for circuit connection, switching and protection decreased by -9.9% to 85K tons in August 2022. In general, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in March 2022 with an increase of 35% m-o-m. The exports peaked at 107K tons in January 2022; however, from February 2022 to August 2022, the exports failed to regain momentum.

In value terms, electrical circuit apparatus exports declined to $2.1B (IndexBox estimates) in August 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in March 2022 with an increase of 34% m-o-m. The exports peaked at 2.3M tons in June 2022; however, from July 2022 to August 2022, the exports failed to regain momentum.

China Electrical Circuit Apparatus Exports by Country

The United States (12K tons) was the main destination for electrical circuit apparatus exports from China, with a 14% share of total exports. Moreover, electrical circuit apparatus exports to the United States exceeded the volume sent to the second major destination, Russia (4.6K tons), threefold. Germany (3.4K tons) ranked third in terms of total exports with a 4% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Russia (-3.3% per month) and Germany (+3.1% per month).

In value terms, the United States ($310M), Hong Kong SAR ($281M) and Vietnam ($130M) were the largest markets for electrical circuit apparatus exported from China worldwide, together comprising 34% of total exports. These countries were followed by Germany, Japan, Mexico, Malaysia, India, Russia, the UK, Brazil, Thailand and the Philippines, which together accounted for a further 30%.

Malaysia, with a CAGR of +4.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical circuit apparatus 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 27121010 - Fuses for a voltage > 1 kV
Prodcom 27121020 - Automatic circuit breakers
Prodcom 27121030 - Isolating switches and make-and-break switches
Prodcom 27121040 - Lightning arresters, voltage limiters and surge suppressors for a voltage > 1 kV
Prodcom 27121090 - Other apparatus for switching... electrical circuits > 1 .000 V
Prodcom 27122130 - Fuses for a voltage . 1 kV and for a current . .10 A
Prodcom 27122150 - Fuses for a voltage . 1 kV and for a current > .10 A but . .63 A
Prodcom 27122170 - Fuses 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
Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
Prodcom 27122330 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and a current . .16 A (excluding fuses, a utomatic circuit breakers)
Prodcom 27122350 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and for a current > .16 A but . .125 A (excluding fuses, automatic circuit breakers)
Prodcom 27122370 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and for a current > .125 A (excluding fuses, a utomatic circuit breakers)
Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
Prodcom 27331100 - Electrical apparatus for switching electrical circuits for a voltage . 1 kV (including push-button and rotary switches) (excluding relays)
Prodcom 27331200 - Lamp-holders for a voltage . 1 kV
Prodcom 27331310 - Plugs and sockets for coaxial cables for a voltage . 1 kV
Prodcom 27331330 - Plugs and sockets for printed circuits for a voltage . 1 kV
Prodcom 27331350 - Plugs and sockets for a voltage . 1 kV (excluding for coaxial cables, for printed circuits)
Prodcom 27331360 - Prefabricated elements for electrical circuits for a voltage . 1 kV
Prodcom 27331370 - Connections and contact elements for wires and cables for a voltage . 1 kV
Prodcom 27331380 - Other apparatus for connections to or in electrical circuit, v oltage . 1 .000 V

Country coverage:

China

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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