Germany: Circuit Breaker Market 2025

Circuit Breaker Market Size in Germany

The German circuit breaker market soared to $X in 2022, growing by 24% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Circuit Breaker Production in Germany

In value terms, circuit breaker production reached $X in 2022 estimated in export price. In general, production, however, showed a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 12%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Circuit Breaker Exports

Exports from Germany

After two years of growth, overseas shipments of automatic circuit breakers decreased by -20.9% to X units in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. The exports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, circuit breaker exports declined significantly to $X in 2022. In general, exports saw a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $X, and then contracted sharply in the following year.

Exports by Country

The Czech Republic (X units), Italy (X units) and the United States (X units) were the main destinations of circuit breaker exports from Germany, with a combined 39% share of total exports. The Netherlands, Turkey, Hungary, Austria, Egypt, Sweden, Russia, France, Israel and China lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +20.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for circuit breaker exported from Germany were the Czech Republic ($X), the United States ($X) and Italy ($X), with a combined 33% share of total exports. The Netherlands, Turkey, Austria, China, Hungary, Egypt, France, Sweden, Russia and Israel lagged somewhat behind, together accounting for a further 29%.

Hungary, with a CAGR of +13.5%, recorded 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.

Export Prices by Country

The average circuit breaker export price stood at $X per unit in 2022, leveling off at the previous year. Overall, the export price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of 5.5% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Israel ($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 China (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Circuit Breaker Imports

Imports into Germany

In 2022, approx. X units of automatic circuit breakers were imported into Germany; rising by 3.7% compared with 2021 figures. Over the period under review, imports enjoyed strong growth. The pace of growth was the most pronounced in 2019 with an increase of 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, circuit breaker imports declined to $X in 2022. Overall, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.3% against 2017 indices. The growth pace was the most rapid in 2019 with an increase of 34%. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

Bulgaria (X units), the Czech Republic (X units) and Italy (X units) were the main suppliers of circuit breaker imports to Germany, with a combined 49% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +28.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Romania ($X) and Italy ($X) constituted the largest circuit breaker suppliers to Germany, with a combined 50% share of total imports. Bulgaria, France, China, Poland, Mexico and Slovakia lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, Bulgaria, with a CAGR of +20.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average circuit breaker import price amounted to $X per unit, dropping by -4.8% against the previous year. In general, the import price showed a slight downturn. The pace of growth appeared the most rapid in 2014 an increase of 7.8% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Mexico ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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