France: Circuit Breaker Market 2024

Circuit Breaker Market Size in France

In 2022, the French circuit breaker market decreased by -8.2% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a deep setback. Circuit breaker consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Circuit Breaker Production in France

In value terms, circuit breaker production amounted to $X in 2022 estimated in export price. Overall, production showed a deep contraction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Circuit Breaker Exports

Exports from France

In 2022, the amount of automatic circuit breakers exported from France amounted to X units, picking up by 3.8% against the previous year. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 27% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, circuit breaker exports contracted modestly to $X in 2022. Overall, exports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2021 when exports increased by 17%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units), Hungary (X units) and Germany (X units) were the main destinations of circuit breaker exports from France, together comprising 33% of total exports. The Netherlands, Turkey, the UK, Italy, the United States, Sweden, Belgium, Poland, the United Arab Emirates and Switzerland lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +11.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for circuit breaker exported from France were Spain ($X), Italy ($X) and the UK ($X), with a combined 29% share of total exports. Hungary, Germany, the United States, Turkey, the Netherlands, Sweden, Switzerland, Belgium, Poland and the United Arab Emirates lagged somewhat behind, together accounting for a further 46%.

Belgium, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average circuit breaker export price stood at $X per unit in 2022, shrinking by -6.2% against the previous year. In general, the export price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2016 an increase of 25% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Poland ($X 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 Italy (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Circuit Breaker Imports

Imports into France

In 2022, circuit breaker imports into France totaled X units, leveling off at the previous year. Over the period under review, imports, however, continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2013 when imports increased by 5.7%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, circuit breaker imports expanded to $X in 2022. Overall, imports, however, continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X units), Italy (X units) and Poland (X units) were the main suppliers of circuit breaker imports to France, with a combined 60% share of total imports. India, China, Spain, Germany, Bulgaria and Hungary lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +21.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Poland ($X) and Italy ($X) were the largest circuit breaker suppliers to France, with a combined 58% share of total imports. India, China, Spain, Germany, Bulgaria and Hungary lagged somewhat behind, together accounting for a further 25%.

India, with a CAGR of +18.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average circuit breaker import price stood at $X per unit in 2022, with an increase of 1.6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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