Report Update: May 1, 2024

Australia - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights

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Isolating Switch Price in Australia - 2023

Isolating Switch Price in Australia (CIF) - 2022

In 2022, the average isolating switch import price amounted to $49 per unit, rising by 2.3% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 58%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($49 per unit) and Mexico ($49 per unit), while the price for France ($49 per unit) and South Korea ($49 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Isolating Switch Price in Australia (FOB) - 2022

In 2022, the average isolating switch export price amounted to $52 per unit, increasing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($52 per unit) and the United States ($52 per unit), while the average price for exports to Malaysia ($52 per unit) and Canada ($52 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Isolating Switch Imports in Australia

In 2022, overseas purchases of isolating switches & make-and-break switches were finally on the rise to reach 428K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a perceptible descent. Over the period under review, imports attained the maximum at 477K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, isolating switch imports rose sharply to $21M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 9.9% against the previous year. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Isolating Switch in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	3.1	3.2	1.9	5.9	23.9%
China	6.9	9.3	6.8	3.6	-19.5%
Netherlands	1.1	1.2	1.7	2.4	29.7%
Germany	2.4	2.4	2.0	2.2	-2.9%
Sweden	1.1	1.2	1.8	1.5	10.9%
South Korea	0.9	1.1	1.7	1.2	10.1%
France	0.2	0.1	0.4	0.7	51.8%
Mexico	0.3	0.8	0.7	0.6	26.0%
Canada	0.8	0.5	0.3	0.5	-14.5%
Thailand	N/A	N/A	0.1	0.5	400.0%
United Kingdom	0.2	0.3	0.2	0.4	26.0%
Poland	0.3	0.3	0.3	0.4	10.1%
United States	0.9	0.3	0.2	0.3	-30.7%
Others	2.0	1.2	1.4	0.9	-23.4%
Total	20.2	22.2	19.5	21.1	1.5%

Top Suppliers of Isolating Switch to Australia in 2022:

Italy (119.5K units)
China (72.3K units)
Netherlands (48.0K units)
Germany (45.5K units)
Sweden (30.2K units)
South Korea (24.6K units)
France (13.3K units)
Mexico (12.2K units)
Canada (9.9K units)
Thailand (9.5K units)
Poland (8.9K units)
United Kingdom (8.7K units)
United States (7.0K units)

Isolating Switch Exports in Australia

In 2022, overseas shipments of isolating switches & make-and-break switches decreased by -22.2% to 281K units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 139% against the previous year. As a result, the exports attained the peak of 404K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, isolating switch exports dropped to $15M in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 174%. As a result, the exports reached the peak of $21M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Isolating Switch in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	6.1	9.3	13.9	11.5	23.5%
New Zealand	0.2	0.3	0.5	1.2	81.7%
Vietnam	N/A	0.5	0.2	0.7	18.3%
Canada	0.3	0.2	N/A	0.3	0.0%
Papua New Guinea	N/A	7.4	0.2	0.1	-88.4%
Others	1.0	3.0	1.1	0.9	-3.5%
Total	7.6	20.7	16.0	14.6	24.3%

Top Export Markets for Isolating Switch from Australia in 2022:

United States (220.2K units)
New Zealand (23.6K units)
Vietnam (12.9K units)
Canada (5.2K units)
Papua New Guinea (1.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the isolating switch market in Australia. 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:

Australia

Data coverage:

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