Price for Electrical Fuses for over 1000 V in Belgium - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Belgium (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Belgium (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Belgium
- Exports of Electrical Fuses for over 1000 V in Belgium
Price for Electrical Fuses for over 1000 V in Belgium (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $2.4 per unit, picking up by 4.3% against the previous year. Over the period under review, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 26%. The import price peaked at $4.3 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 the UK ($9.4 per unit), while the price for the Netherlands ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Fuses for over 1000 V in Belgium (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $2.9 per unit, waning by -36.9% against the previous year. In general, the export price saw a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 146%. The export price peaked at $5.8 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($7.4 per unit), while the average price for exports to Burkina Faso ($0.6 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 Jordan (+2,412.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Belgium
In 2022, approx. 490K units of electrical fuses for over 1000 v were imported into Belgium; growing by 23% against 2021 figures. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v soared to $1.2M in 2022. Over the period under review, imports, however, saw a noticeable contraction. Over the period under review, imports of hit record highs at $1.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Fuses for over 1000 V in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 439 | 412 | 496 | 743 | 19.2% |
| Germany | 344 | 286 | 135 | 184 | -18.8% |
| Slovenia | 77.8 | 40.3 | 36.7 | 62.2 | -7.2% |
| United States | 175 | 19.1 | 13.6 | 51.6 | -33.4% |
| China | 8.0 | 0.3 | 50.6 | 38.4 | 68.7% |
| Netherlands | 19.8 | 19.7 | 82.3 | 35.1 | 21.0% |
| United Kingdom | 115 | 136 | 60.0 | 17.3 | -46.8% |
| Mexico | 133 | 0.2 | 0.1 | 0.2 | -88.5% |
| Others | 40.0 | 44.7 | 41.6 | 45.6 | 4.5% |
| Total | 1,353 | 958 | 915 | 1,177 | -4.5% |
Top Suppliers of Electrical Fuses for over 1000 V to Belgium in 2022:
- Germany (183.3K units)
- France (146.2K units)
- Netherlands (60.2K units)
- China (44.0K units)
- Slovenia (29.3K units)
- United States (10.8K units)
- United Kingdom (1.8K units)
- Mexico (0.2K units)
Exports of Electrical Fuses for over 1000 V in Belgium
In 2022, approx. 107K units of electrical fuses for over 1000 v were exported from Belgium; picking up by 57% on the year before. In general, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for over 1000 v declined modestly to $314K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 33%. As a result, the exports attained the peak of $317K, leveling off in the following year.
| Export of Electrical Fuses for over 1000 V in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | 0.3 | 13.3 | 3.2 | 65.1 | 500.9% |
| Egypt | 7.3 | N/A | N/A | 50.0 | 89.9% |
| Democratic Republic of the Congo | 29.8 | 1.7 | 15.2 | 43.1 | 13.1% |
| Mali | N/A | N/A | N/A | 11.1 | 0% |
| France | 0.2 | 8.0 | 24.2 | 11.0 | 280.3% |
| Italy | 0.2 | 0.2 | 7.6 | 8.4 | 247.6% |
| Ghana | N/A | 1.3 | 31.8 | 7.5 | 140.2% |
| Netherlands | 78.1 | 6.2 | 7.2 | 3.3 | -65.2% |
| Burkina Faso | N/A | N/A | N/A | 1.9 | 0% |
| Australia | N/A | N/A | 83.1 | 0.1 | -99.9% |
| South Korea | 15.7 | N/A | N/A | N/A | 0% |
| Burundi | 25.3 | 32.8 | N/A | N/A | 29.6% |
| Tunisia | 21.1 | N/A | 1.6 | N/A | -72.5% |
| Others | 39.4 | 175 | 143 | 112 | 41.7% |
| Total | 217 | 239 | 317 | 314 | 13.1% |
Top Export Markets for Electrical Fuses for over 1000 V from Belgium in 2022:
- Egypt (39.5K units)
- Gabon (18.1K units)
- Democratic Republic of the Congo (16.4K units)
- Mali (6.9K units)
- France (5.5K units)
- Burkina Faso (3.2K units)
- Italy (3.1K units)
- Ghana (1.0K units)
- Netherlands (0.4K units)
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