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

Contents:

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

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

The average import price for electrical fuses for over 1000 v stood at $2.5 per unit in 2022, declining by -5.4% against the previous year. In general, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 94%. Over the period under review, average import prices reached the peak figure at $2.6 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6 per unit), while the price for China ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for electrical fuses for over 1000 v amounted to $2.9 per unit, with an increase of 11% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 256% against the previous year. The export price peaked at $9.1 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($11 per unit), while the average price for exports to the United Arab Emirates ($2 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 Bulgaria (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Fuses for over 1000 V in Greece

In 2022, imports of electrical fuses for over 1000 v into Greece soared to 1M units, growing by 146% on the previous year. Overall, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of electrical fuses for over 1000 v soared to $2.5M in 2022. In general, imports saw a significant expansion. 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 Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A0.7N/A1,6824801.9%
Germany2372446012674.1%
China15720649.81753.7%
Italy82.422.136.981.8-0.2%
Spain37477847.076.9-41.0%
Bulgaria28.023279.862.931.0%
Poland59.557.499.127.4-22.8%
Others1162031601252.5%
Total1,0531,7431,0732,49833.4%

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

  1. South Korea (591.6K units)
  2. China (240.4K units)
  3. Bulgaria (66.3K units)
  4. Germany (44.5K units)
  5. Spain (19.3K units)
  6. Italy (14.8K units)
  7. Poland (13.6K units)

Exports of Electrical Fuses for over 1000 V in Greece

For the third year in a row, Greece recorded decline in overseas shipments of electrical fuses for over 1000 v, which decreased by -40.5% to 15K units in 2022. Overall, exports continue to indicate a precipitous shrinkage. The exports peaked at 127K 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 dropped markedly to $44K in 2022. Over the period under review, exports continue to indicate a sharp slump. Over the period under review, the exports of reached the maximum at $815K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electrical Fuses for over 1000 V in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus6.157.76.923.456.5%
Liberia0.1N/AN/A11.5386.3%
Bulgaria1.6N/AN/A4.237.9%
United Arab EmiratesN/A0.30.12.5188.7%
Germany41.336.513.40.7-74.3%
TurkeyN/A12.2N/A0.5-79.8%
Iraq2.41.535.8N/A286.2%
United Kingdom748108N/AN/A-85.6%
EgyptN/A80.0N/AN/A0%
AlbaniaN/A11.70.3N/A-97.4%
Others15.924.29.60.8-63.1%
Total81533266.043.6-62.3%

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

  1. Cyprus (11.4K units)
  2. United Arab Emirates (1.2K units)
  3. Liberia (1.0K units)
  4. Bulgaria (1.0K units)
  5. Turkey (0.1K units)
  6. Germany (0.1K units)

Source: IndexBox Market Intelligence Platform

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