Price for Electrical Fuses for over 1000 V in Algeria - 2022
Contents:
- Price for Electrical Fuses for over 1000 V in Algeria (CIF) - 2022
- Imports of Electrical Fuses for over 1000 V in Algeria
Price for Electrical Fuses for over 1000 V in Algeria (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $0.9 per unit, with an increase of 6.7% against the previous year. Overall, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2020 an increase of 14%. Over the period under review, average import prices hit record highs at $1.2 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2.1 per unit), while the price for Turkey ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Electrical Fuses for over 1000 V in Algeria
In 2022, imports of electrical fuses for over 1000 v into Algeria soared to 3.9M units, picking up by 203% against 2021. Over the period under review, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v skyrocketed to $3.6M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Electrical Fuses for over 1000 V in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 432 | 1,069 | 527 | 2,697 | 84.1% |
Spain | 430 | 550 | 296 | 476 | 3.4% |
Turkey | 375 | 508 | 94.7 | 160 | -24.7% |
Others | 295 | 270 | 190 | 246 | -5.9% |
Total | 1,532 | 2,397 | 1,108 | 3,577 | 32.7% |
Top Suppliers of Electrical Fuses for over 1000 V to Algeria in 2022:
- Italy (3015.6K units)
- Spain (420.0K units)
- Turkey (324.0K units)
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