Price for Electrical Fuses for over 1000 V in Azerbaijan - 2024

Contents:

  1. Price for Electrical Fuses for over 1000 V in Azerbaijan (CIF) - 2022
  2. Price for Electrical Fuses for over 1000 V in Azerbaijan (FOB) - 2022
  3. Imports of Electrical Fuses for over 1000 V in Azerbaijan
  4. Exports of Electrical Fuses for over 1000 V in Azerbaijan

Price for Electrical Fuses for over 1000 V in Azerbaijan (CIF) - 2022

The average import price for electrical fuses for over 1000 v stood at $1.3 per unit in 2022, waning by -17.7% against the previous year. Overall, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 311%. As a result, import price reached the peak level of $8.3 per unit. From 2019 to 2022, the average 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 France ($12 per unit), while the price for Russia ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Fuses for over 1000 V in Azerbaijan (FOB) - 2022

The average export price for electrical fuses for over 1000 v stood at $2.5 per unit in 2021, reducing by -63.8% against the previous year. In general, the export price recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 231% against the previous year. The export price peaked at $41 per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($4 per unit), while the average price for exports to France stood at $1 per unit.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-13.4%).

Imports of Electrical Fuses for over 1000 V in Azerbaijan

Imports of electrical fuses for over 1000 v into Azerbaijan shrank to 43K units in 2022, with a decrease of -14.8% against 2021 figures. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. Over the period under review, imports of attained the maximum at 68K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical fuses for over 1000 v fell markedly to $56K in 2022. Over the period under review, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of reached the peak figure at $184K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electrical Fuses for over 1000 V in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.09.01.18.428.1%
Russia10.64.26.77.3-11.7%
Italy22.98.07.96.1-35.7%
Turkey3.012.74.55.824.6%
United States92.53.73.14.5-63.5%
United Kingdom0.55.70.74.4106.5%
MexicoN/A1.12.24.295.4%
Ukraine5.62.52.41.9-30.3%
China8.81.235.71.5-44.6%
Others36.416.215.712.2-30.5%
Total18464.480.256.2-32.7%

Top Suppliers of Electrical Fuses for over 1000 V to Azerbaijan in 2022:

  1. Russia (18.8K units)
  2. Turkey (13.0K units)
  3. Ukraine (3.0K units)
  4. Germany (3.0K units)
  5. Mexico (0.8K units)
  6. Italy (0.7K units)
  7. United Kingdom (0.7K units)
  8. China (0.6K units)
  9. United States (0.1K units)

Exports of Electrical Fuses for over 1000 V in Azerbaijan

In 2021, after two years of growth, there was significant decline in shipments abroad of electrical fuses for over 1000 v, when their volume decreased by -97.7% to 2 units. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 222% against the previous year. As a result, the exports reached the peak of 87 units, and then dropped significantly in the following year.

In value terms, exports of electrical fuses for over 1000 v fell rapidly to $5 in 2021. In general, exports saw a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 71%. As a result, the exports attained the peak of $600, and then declined notably in the following year.

Export of Electrical Fuses for over 1000 V in Azerbaijan (USD)
COUNTRY201920202021CAGR,
2019-2021
United Kingdom83.06004.0-78.0%
FranceN/AN/A1.00%
Netherlands267N/AN/A0%
OthersN/AN/AN/A0%
Total3506005.0-88.0%

Top Export Markets for Electrical Fuses for over 1000 V from Azerbaijan in 2022:

  1. United Kingdom (1.0 units)
  2. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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