Connector Demand is Forecast to Rise in Q1, but Prices Will Remain Stable

Mar 7, 2024 3:47:23 PM / by Supplyframe

After declining seasonality and subdued demand in Q4 2023, connector and terminal block pricing snapped back in January, rising by 1.9% and 6.7%, respectively, according to the Commodity IQ Price Index. And some price increases may come for low-margin and legacy products, like low-speed I/O connectors. Nevertheless, most connector suppliers (distributors and manufacturers) are open to pricing reviews for new or existing businesses, but pricing is largely stable in H2.

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