South Africa - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in South Africa - 2023
Contents:
- Circuit Breaker Price in South Africa (CIF) - 2023
- Circuit Breaker Price in South Africa (FOB) - 2022
- Circuit Breaker Imports in South Africa
- Circuit Breaker Exports in South Africa
Circuit Breaker Price in South Africa (CIF) - 2023
In July 2023, the average circuit breaker import price amounted to $10.3 per unit, approximately reflecting the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 33% month-to-month. As a result, import price reached the peak level of $13.1 per unit. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($23.3 per unit), while the price for Brazil ($3.3 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 South Korea (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Price in South Africa (FOB) - 2022
The average circuit breaker export price stood at $13 per unit in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 21% against the previous year. The export price peaked at $13 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($29 per unit), while the average price for exports to Angola ($5.7 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 Lesotho (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Circuit Breaker Imports in South Africa
In 2022, the amount of automatic circuit breakers imported into South Africa reached 8.1M units, stabilizing at the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, imports reached the peak of 8.4M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, circuit breaker imports amounted to $91M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Circuit Breaker in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lesotho | 22.3 | 22.2 | 32.2 | 35.2 | 16.4% |
China | 9.5 | 9.8 | 12.1 | 13.5 | 12.4% |
Italy | 5.4 | 5.1 | 8.1 | 10.2 | 23.6% |
India | 8.5 | 4.5 | 7.9 | 7.3 | -4.9% |
France | 10.8 | 11.7 | 5.2 | 4.7 | -24.2% |
Germany | 3.3 | 2.7 | 5.5 | 2.8 | -5.3% |
Japan | 3.8 | 2.6 | 3.8 | 2.4 | -14.2% |
Others | 14.0 | 11.2 | 11.4 | 15.2 | 2.8% |
Total | 77.6 | 70.0 | 86.1 | 91.2 | 5.5% |
Top Suppliers of Circuit Breaker to South Africa in 2022:
- Lesotho (2.7M units)
- China (2.3M units)
- Italy (0.7M units)
- France (0.6M units)
- India (0.5M units)
- Japan (0.2M units)
- Germany (0.2M units)
Circuit Breaker Exports in South Africa
In 2022, approx. 3.5M units of automatic circuit breakers were exported from South Africa; picking up by 6.4% on the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.7%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, circuit breaker exports expanded slightly to $47M in 2022. The total export value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Circuit Breaker in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.8 | 5.6 | 10.7 | 10.0 | 27.7% |
Sweden | 3.2 | 3.6 | 4.8 | 6.1 | 24.0% |
Lesotho | 3.3 | 1.9 | 4.2 | 5.1 | 15.6% |
Botswana | 3.2 | 3.3 | 4.6 | 4.5 | 12.0% |
Namibia | 3.8 | 3.1 | 3.5 | 3.4 | -3.6% |
Hong Kong SAR | 3.0 | 2.7 | 3.1 | 2.5 | -5.9% |
Democratic Republic of the Congo | 1.6 | 1.2 | 2.4 | 2.4 | 14.5% |
Mozambique | 1.7 | 1.0 | 1.0 | 1.6 | -2.0% |
Zambia | 1.3 | 1.6 | 1.2 | 1.4 | 2.5% |
Australia | 1.5 | 1.6 | 1.5 | 1.3 | -4.7% |
Zimbabwe | 1.8 | 1.5 | 1.5 | 1.2 | -12.6% |
Swaziland | 1.4 | 0.9 | 1.6 | 1.2 | -5.0% |
Angola | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Others | 4.0 | 7.1 | 4.3 | 5.5 | 11.2% |
Total | 34.7 | 35.2 | 44.5 | 46.7 | 10.4% |
Top Export Markets for Circuit Breaker from South Africa in 2022:
- Lesotho (799.8K units)
- United States (513.5K units)
- Sweden (468.9K units)
- Namibia (296.3K units)
- Botswana (218.7K units)
- Hong Kong SAR (176.3K units)
- Zimbabwe (161.3K units)
- Zambia (144.3K units)
- Swaziland (140.6K units)
- Australia (109.2K units)
- Mozambique (104.1K units)
- Democratic Republic of the Congo (82.9K units)
- Angola (60.5K units)
This report provides an in-depth analysis of the circuit breaker market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
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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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During the review period, the number of imported Circuit Breaker units reached a record high of 473K in May 2023. However, from June to October 2023, imports declined to a slightly lower figure. In terms of value, circuit breaker imports experienced significant growth, amounting to $7.3M in October 2023.
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...
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...
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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...
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...
During the review period, the number of imported Circuit Breaker units reached a record high of 473K in May 2023. However, from June to October 2023, imports declined to a slightly lower figure. In terms of value, circuit breaker imports experienced significant growth, amounting to $7.3M in October 2023.
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...
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...