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

Contents:

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

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

The average import price for electrical fuses for over 1000 v stood at $1 per unit in 2022, dropping by -22% against the previous year. Over the period under review, the import price recorded a deep setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $2.4 per unit in 2012; however, from 2013 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 United States ($4.2 per unit), while the price for China ($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 Brazil (-1.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for electrical fuses for over 1000 v amounted to $7.5 per unit, surging by 23% against the previous year. Over the period under review, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 184%. As a result, the export price reached the peak level of $9 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($28 per unit), while the average price for exports to Belgium ($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 Belgium (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for over 1000 V in Chile

Imports of electrical fuses for over 1000 v into Chile skyrocketed to 4.9M units in 2022, growing by 40% on 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electrical fuses for over 1000 v expanded markedly to $4.8M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Electrical Fuses for over 1000 V in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,2802,3212,2932,3901.6%
Mexico49173.781269012.0%
Brazil19728626835721.9%
United States727628287352-21.5%
Italy99.732.814519224.4%
Others6865836018206.1%
Total4,4813,9254,4064,8022.3%

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

  1. China (3687.0K units)
  2. Brazil (477.0K units)
  3. Mexico (359.7K units)
  4. Italy (141.2K units)
  5. United States (83.0K units)

Exports of Electrical Fuses for over 1000 V in Chile

After two years of decline, shipments abroad of electrical fuses for over 1000 v increased by 154% to 1.8K units in 2022. In general, exports, however, recorded a sharp reduction. The exports peaked at 6.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical fuses for over 1000 v surged to $14K in 2022. Over the period under review, exports, however, faced a precipitous shrinkage. The exports peaked at $28K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electrical Fuses for over 1000 V in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia14.5N/AN/A7.7-19.0%
United States2.10.20.62.21.6%
Peru0.9N/A1.61.928.3%
BelgiumN/A2.30.71.1-30.8%
CanadaN/AN/AN/A0.30%
SpainN/A9.3N/AN/A0%
Paraguay8.2N/AN/AN/A0%
DenmarkN/AN/A1.3N/A0%
Others1.92.3N/A0.6-31.9%
Total27.614.14.313.6-21.0%

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

  1. Bolivia (1109.0 units)
  2. United States (228.0 units)
  3. Belgium (212.0 units)
  4. Peru (197.0 units)
  5. Canada (30.0 units)

Source: IndexBox Market Intelligence Platform

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