Price for Electrical Fuses for over 1000 V in Canada - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Canada (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Canada (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Canada
- Exports of Electrical Fuses for over 1000 V in Canada
Price for Electrical Fuses for over 1000 V in Canada (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $4.5 per unit in 2022, surging by 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2018 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($4.5 per unit) and the United States ($4.5 per unit), while the price for the Dominican Republic ($4.5 per unit) and Germany ($4.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Canada (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $3.7 per unit, falling by -12.9% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 12% against the previous year. Over the period under review, the average export prices attained the maximum at $4.5 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($3.7 per unit) and the United Arab Emirates ($3.7 per unit), while the average price for exports to China ($3.7 per unit) and Poland ($3.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Canada
In 2022, approx. 6.3M units of electrical fuses for over 1000 v were imported into Canada; with an increase of 14% against the previous year's figure. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v soared to $28M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.1 | 10.9 | 10.9 | 14.3 | 8.8% |
| Mexico | 8.4 | 7.5 | 11.0 | 11.3 | 10.4% |
| Germany | 0.6 | 0.9 | 0.6 | 1.0 | 18.6% |
| Others | 1.3 | 1.6 | 1.3 | 1.9 | 13.5% |
| Total | 21.3 | 20.8 | 23.9 | 28.4 | 10.1% |
Top Suppliers of Electrical Fuses for over 1000 V to Canada in 2022:
- United States (3.2M units)
- Mexico (2.5M units)
- Germany (0.2M units)
Exports of Electrical Fuses for over 1000 V in Canada
In 2022, approx. 1.7M units of electrical fuses for over 1000 v were exported from Canada; jumping by 72% against the previous year's figure. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for over 1000 v skyrocketed to $6.3M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Fuses for over 1000 V in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 3.6 | 3.9 | 5.4 | 24.5% |
| United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
| Poland | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Total | 3.2 | 4.0 | 4.2 | 6.3 | 25.3% |
Top Export Markets for Electrical Fuses for over 1000 V from Canada in 2022:
- United States (1459.0K units)
- United Arab Emirates (141.3K units)
- Poland (28.2K units)
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