Price for Electrical Fuses for over 1000 V in Brazil - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Brazil (FOB) - 2022
- Price for Electrical Fuses for over 1000 V in Brazil (CIF) - 2024
- Exports of Electrical Fuses for over 1000 V in Brazil
- Imports of Electrical Fuses for over 1000 V in Brazil
Price for Electrical Fuses for over 1000 V in Brazil (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $1.5 per unit, increasing by 7.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2014 when the average export price increased by 24%. The export price peaked at $1.5 per unit in 2019; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3.1 per unit), while the average price for exports to Guatemala ($0.5 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 Costa Rica (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Brazil (CIF) - 2024
The average import price for electrical fuses for over 1000 v stood at $39.8 per unit in May 2024, reducing by -35.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 when the average import price increased by 65% against the previous month. Over the period under review, average import prices attained the maximum at $74.6 per unit in November 2023; however, from December 2023 to May 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($250 per unit), while the price for China ($23.7 per unit) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Fuses for over 1000 V in Brazil
In 2022, exports of electrical fuses for over 1000 v from Brazil soared to 8.4M units, jumping by 17% against 2021 figures. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 61% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of electrical fuses for over 1000 v soared to $12M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.8% 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 +79.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Electrical Fuses for over 1000 V in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,941 | 2,624 | 3,319 | 4,966 | 19.1% |
Bolivia | 1,029 | 214 | 574 | 1,207 | 5.5% |
Paraguay | 487 | 544 | 1,195 | 1,115 | 31.8% |
Uruguay | 98.8 | 78.1 | 168 | 866 | 106.2% |
Argentina | 494 | 601 | 764 | 743 | 14.6% |
Chile | 225 | 261 | 303 | 320 | 12.5% |
Guatemala | N/A | 255 | 964 | 282 | 5.2% |
Costa Rica | 111 | 75.2 | 162 | 278 | 35.8% |
Ecuador | 81.4 | 77.1 | 36.2 | 249 | 45.2% |
Dominican Republic | 178 | 27.6 | 64.7 | 240 | 10.5% |
Others | 1,659 | 2,069 | 2,226 | 1,992 | 6.3% |
Total | 7,303 | 6,826 | 9,775 | 12,260 | 18.8% |
Top Export Markets for Electrical Fuses for over 1000 V from Brazil in 2022:
- United States (1608.3K units)
- Paraguay (1313.5K units)
- Bolivia (1290.7K units)
- Uruguay (1098.1K units)
- Argentina (830.3K units)
- Guatemala (551.9K units)
- Chile (339.0K units)
- Dominican Republic (324.9K units)
- Ecuador (287.7K units)
- Costa Rica (253.7K units)
Imports of Electrical Fuses for over 1000 V in Brazil
In 2022, approx. 2.5M units of electrical fuses for over 1000 v were imported into Brazil; jumping by 81% on the previous year. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 110%. Imports peaked 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 $5.6M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Electrical Fuses for over 1000 V in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,264 | 2,169 | 1,919 | 2,427 | 24.3% |
Mexico | 449 | 374 | 670 | 974 | 29.5% |
Germany | 599 | 595 | 456 | 786 | 9.5% |
United States | 291 | 207 | 450 | 398 | 11.0% |
Spain | 47.5 | 113 | 375 | 376 | 99.3% |
Others | 692 | 494 | 575 | 622 | -3.5% |
Total | 3,341 | 3,953 | 4,445 | 5,585 | 18.7% |
Top Suppliers of Electrical Fuses for over 1000 V to Brazil in 2022:
- China (2066.1K units)
- Mexico (159.4K units)
- Germany (80.2K units)
- Spain (72.1K units)
- United States (43.8K units)
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