Price for Electrical Fuses for over 1000 V in Germany - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Germany (FOB) - 2024
- Price for Electrical Fuses for over 1000 V in Germany (CIF) - 2024
- Exports of Electrical Fuses for over 1000 V in Germany
- Imports of Electrical Fuses for over 1000 V in Germany
Price for Electrical Fuses for over 1000 V in Germany (FOB) - 2024
In March 2024, the average export price for electrical fuses for over 1000 v amounted to $5.6 per unit, declining by -12.3% against the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in February 2024 when the average export price increased by 36% month-to-month. As a result, the export price reached the peak level of $6.4 per unit, and then shrank in the following month.
There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Australia ($8.7 per unit), while the average price for exports to Vietnam ($1.5 per unit) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Germany (CIF) - 2024
In March 2024, the average import price for electrical fuses for over 1000 v amounted to $6.8 per unit, rising by 41% against the previous month. Overall, import price indicated tangible growth from March 2023 to March 2024: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for electrical fuses for over 1000 v increased by +28.6% against December 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 80% against the previous month. As a result, import price reached the peak level of $7.2 per unit. From October 2023 to March 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Mexico ($10.2 per unit), while the price for India ($5.0 per unit) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Fuses for over 1000 V in Germany
In 2022, exports of electrical fuses for over 1000 v from Germany reached 9.9M units, increasing by 4.7% against the previous year. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 13%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of electrical fuses for over 1000 v reached $35M in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Electrical Fuses for over 1000 V in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 3.8 | 4.9 | 5.4 | 19.1% |
| South Korea | 2.2 | 3.7 | 5.0 | 4.6 | 27.9% |
| Spain | 2.0 | 2.3 | 2.7 | 4.1 | 27.0% |
| Austria | 1.0 | 0.9 | 1.1 | 2.0 | 26.0% |
| France | 1.6 | 1.4 | 2.0 | 1.7 | 2.0% |
| Italy | 1.3 | 1.0 | 0.9 | 1.6 | 7.2% |
| Australia | 1.5 | 1.2 | 1.8 | 1.1 | -9.8% |
| Poland | 0.8 | 0.7 | 0.8 | 1.0 | 7.7% |
| Taiwan (Chinese) | 0.6 | 0.6 | 0.6 | 0.8 | 10.1% |
| Sweden | 0.8 | 0.9 | 0.9 | 0.8 | 0.0% |
| United Kingdom | 0.8 | 0.8 | 0.8 | 0.8 | 0.0% |
| China | 0.6 | 0.7 | 1.8 | 0.6 | 0.0% |
| Belgium | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
| Others | 10.6 | 9.0 | 9.7 | 9.6 | -3.2% |
| Total | 27.3 | 27.5 | 33.6 | 34.7 | 8.3% |
Top Export Markets for Electrical Fuses for over 1000 V from Germany in 2022:
- Spain (2325.0K units)
- United States (1217.6K units)
- France (805.0K units)
- South Korea (629.3K units)
- Austria (527.7K units)
- Taiwan (Chinese) (410.2K units)
- Poland (362.3K units)
- Italy (349.7K units)
- Australia (299.8K units)
- Belgium (299.7K units)
- Sweden (262.0K units)
- United Kingdom (218.0K units)
- China (162.5K units)
Imports of Electrical Fuses for over 1000 V in Germany
In 2022, approx. 2.3M units of electrical fuses for over 1000 v were imported into Germany; growing by 9.6% on 2021 figures. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v expanded notably to $9.8M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Fuses for over 1000 V in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,502 | 1,370 | 1,991 | 2,656 | 20.9% |
| Hungary | 1,727 | 1,464 | 2,139 | 2,137 | 7.4% |
| China | 493 | 483 | 985 | 1,443 | 43.0% |
| Netherlands | 49.2 | 513 | 769 | 670 | 138.8% |
| Slovenia | 944 | 331 | 420 | 601 | -14.0% |
| Poland | 2,341 | 1,181 | 811 | 433 | -43.0% |
| United Kingdom | 309 | 855 | 252 | 288 | -2.3% |
| India | 72.6 | 19.5 | 204 | 215 | 43.6% |
| Others | 1,484 | 1,001 | 1,246 | 1,357 | -2.9% |
| Total | 8,922 | 7,219 | 8,817 | 9,800 | 3.2% |
Top Suppliers of Electrical Fuses for over 1000 V to Germany in 2022:
- Hungary (985.0K units)
- France (413.1K units)
- Slovenia (291.7K units)
- China (212.5K units)
- India (89.0K units)
- Poland (76.2K units)
- Netherlands (45.7K units)
- United Kingdom (36.0K units)
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