Price for Electrical Fuses for over 1000 V in Hungary - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Hungary (FOB) - 2024
- Price for Electrical Fuses for over 1000 V in Hungary (CIF) - 2022
- Exports of Electrical Fuses for over 1000 V in Hungary
- Imports of Electrical Fuses for over 1000 V in Hungary
Price for Electrical Fuses for over 1000 V in Hungary (FOB) - 2024
In March 2024, the average export price for electrical fuses for over 1000 v amounted to $3.9 per unit, with an increase of 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in February 2024 an increase of 31% against the previous month. Over the period under review, the average export prices reached the peak figure in March 2024.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($6.7 per unit), while the average price for exports to India ($2.2 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 Poland (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Hungary (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $2.3 per unit in 2022, increasing by 70% against the previous year. In general, the import price, however, showed a abrupt setback. The import price peaked at $13 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($34 per unit), while the price for France ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Fuses for over 1000 V in Hungary
In 2022, overseas shipments of electrical fuses for over 1000 v were finally on the rise to reach 5M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decline. Over the period under review, the exports of hit record highs at 6M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electrical fuses for over 1000 v totaled $11M in 2022. Overall, exports, however, continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 3.9%. Over the period under review, the exports of reached the peak figure at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Fuses for over 1000 V in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.7 | 2.3 | 2.9 | 2.9 | 2.4% |
| Germany | 0.9 | 1.0 | 2.1 | 2.1 | 32.6% |
| Netherlands | 0.2 | 0.4 | 1.4 | 1.5 | 95.7% |
| Spain | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Poland | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
| Switzerland | 0.2 | 1.0 | 0.5 | 0.5 | 35.7% |
| United Kingdom | 5.0 | 3.7 | 0.7 | 0.4 | -56.9% |
| Italy | N/A | N/A | 0.5 | 0.2 | -60.0% |
| United States | 1.9 | 1.2 | 0.4 | N/A | -54.1% |
| Others | 1.2 | 0.8 | 1.6 | 1.9 | 16.6% |
| Total | 12.3 | 10.5 | 10.9 | 10.9 | -3.9% |
Top Export Markets for Electrical Fuses for over 1000 V from Hungary in 2022:
- France (1907.8K units)
- Germany (1089.6K units)
- Netherlands (710.7K units)
- Spain (279.7K units)
- Switzerland (150.9K units)
- United Kingdom (126.4K units)
- Poland (122.5K units)
- Italy (117.1K units)
- United States (4.2K units)
Imports of Electrical Fuses for over 1000 V in Hungary
In 2022, overseas purchases of electrical fuses for over 1000 v decreased by -27% to 404K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 93% against the previous year. Over the period under review, imports of reached the maximum at 554K units in 2021, and then contracted markedly in the following year.
In value terms, imports of electrical fuses for over 1000 v skyrocketed to $912K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 decreased by -24.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 64%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Electrical Fuses for over 1000 V in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 190 | 56.7 | 147 | 296 | 15.9% |
| France | 219 | 213 | 189 | 231 | 1.8% |
| Germany | 138 | 65.1 | 148 | 81.4 | -16.1% |
| Turkey | 0.8 | 13.2 | 32.4 | 31.0 | 238.4% |
| Poland | 46.7 | 24.7 | 11.2 | 29.1 | -14.6% |
| Belgium | 0.2 | N/A | N/A | 12.9 | 301.0% |
| China | 0.4 | 62.2 | 12.3 | 10.2 | 194.3% |
| United Kingdom | 4.3 | 423 | 1.5 | 9.6 | 30.7% |
| Switzerland | 0.7 | 151 | 80.1 | 6.2 | 106.9% |
| Others | 140 | 202 | 113 | 205 | 13.6% |
| Total | 740 | 1,212 | 735 | 912 | 7.2% |
Top Suppliers of Electrical Fuses for over 1000 V to Hungary in 2022:
- France (293.7K units)
- Turkey (33.0K units)
- Austria (26.4K units)
- Poland (12.0K units)
- Germany (8.2K units)
- Belgium (7.1K units)
- China (6.4K units)
- United Kingdom (3.6K units)
- Switzerland (1.8K units)
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