Price for Electrical Fuses for over 1000 V in Bangladesh - 2022
Contents:
- Price for Electrical Fuses for over 1000 V in Bangladesh (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Bangladesh (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Bangladesh
- Exports of Electrical Fuses for over 1000 V in Bangladesh
Price for Electrical Fuses for over 1000 V in Bangladesh (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $0.4 per unit in 2022, with a decrease of -45.6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 60% against the previous year. Over the period under review, average import prices reached the peak figure at $0.7 per unit in 2021, and then shrank remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.2% per year.
Price for Electrical Fuses for over 1000 V in Bangladesh (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $6.3 per unit in 2022, rising by 156% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 193%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +18.5% per year.
Imports of Electrical Fuses for over 1000 V in Bangladesh
In 2022, overseas purchases of electrical fuses for over 1000 v were finally on the rise to reach 10M units after two years of decline. In general, imports, however, continue to indicate a abrupt decrease. Imports peaked at 14M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electrical fuses for over 1000 v skyrocketed to $4.1M in 2022. Over the period under review, imports, however, saw a perceptible reduction. Over the period under review, imports of hit record highs at $4.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electrical Fuses for over 1000 V in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 0.8 | 0.3 | 3.5 | -4.4% |
| Others | 0.7 | 1.0 | 0.4 | 0.5 | -10.6% |
| Total | 4.7 | 1.9 | 0.7 | 4.1 | -4.5% |
Top Suppliers of Electrical Fuses for over 1000 V to Bangladesh in 2022:
- China (10.0M units)
Exports of Electrical Fuses for over 1000 V in Bangladesh
In 2022, shipments abroad of electrical fuses for over 1000 v decreased by -60.7% to 148 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 573%. As a result, the exports reached the peak of 377 units, and then fell rapidly in the following year.
In value terms, exports of electrical fuses for over 1000 v totaled $933 in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,874%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Electrical Fuses for over 1000 V in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 43.0 | 46.0 | 893 | 933 | 178.9% |
| Spain | N/A | N/A | 33.0 | N/A | 0% |
| Others | N/A | 1.0 | 2.0 | N/A | 100.0% |
| Total | 43.0 | 47.0 | 928 | 933 | 178.9% |
Top Export Markets for Electrical Fuses for over 1000 V from Bangladesh in 2022:
- Malaysia (148.0 units)
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