Price for Electrical Fuses for over 1000 V in India - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in India (FOB) - 2022
- Price for Electrical Fuses for over 1000 V in India (CIF) - 2022
- Exports of Electrical Fuses for over 1000 V in India
- Imports of Electrical Fuses for over 1000 V in India
Price for Electrical Fuses for over 1000 V in India (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $3.5 per unit, waning by -16.8% against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2017 an increase of 81%. The export price peaked at $4.3 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bhutan ($3.5 per unit) and Australia ($3.5 per unit), while the average price for exports to Singapore ($3.5 per unit) and Saudi Arabia ($3.5 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 Arab Emirates (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in India (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $4 per unit in 2022, dropping by -6.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2018 an increase of 39%. As a result, import price reached the peak level of $4.3 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($4 per unit) and Malaysia ($4 per unit), while the price for Norway ($3.9 per unit) and Singapore ($4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Fuses for over 1000 V in India
In 2022, approx. 3.6M units of electrical fuses for over 1000 v were exported from India; rising by 4.9% compared with 2021. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 22%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of electrical fuses for over 1000 v contracted to $13M in 2022. In general, exports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of $15M, and then shrank in the following year.
| Export of Electrical Fuses for over 1000 V in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,169 | 2,497 | 2,795 | 2,681 | -5.4% |
| France | 390 | 117 | 744 | 1,699 | 63.3% |
| United Kingdom | 2,513 | 1,664 | 2,121 | 1,506 | -15.7% |
| Brazil | 42.0 | 284 | 351 | 975 | 185.3% |
| United Arab Emirates | 922 | 1,202 | 1,188 | 873 | -1.8% |
| Nepal | 705 | 560 | 2,122 | 564 | -7.2% |
| Saudi Arabia | 262 | 438 | 297 | 383 | 13.5% |
| Singapore | 712 | 316 | 51.1 | 348 | -21.2% |
| Hong Kong SAR | 528 | 440 | 440 | 339 | -13.7% |
| Australia | 201 | 110 | 176 | 325 | 17.4% |
| Bhutan | 54.4 | 3.1 | 158 | 213 | 57.6% |
| Malaysia | 124 | 51.1 | 88.9 | 202 | 17.7% |
| Greece | 60.9 | 170 | 197 | 197 | 47.9% |
| Others | 3,797 | 4,271 | 3,841 | 2,424 | -13.9% |
| Total | 13,481 | 12,122 | 14,569 | 12,726 | -1.9% |
Top Export Markets for Electrical Fuses for over 1000 V from India in 2022:
- United States (758.5K units)
- France (480.6K units)
- United Kingdom (426.0K units)
- Brazil (275.8K units)
- United Arab Emirates (246.9K units)
- Nepal (159.6K units)
- Saudi Arabia (108.4K units)
- Singapore (98.4K units)
- Hong Kong SAR (96.0K units)
- Australia (92.1K units)
- Bhutan (60.2K units)
- Malaysia (57.0K units)
- Greece (55.6K units)
Imports of Electrical Fuses for over 1000 V in India
In 2022, approx. 2M units of electrical fuses for over 1000 v were imported into India; picking up by 16% against the previous year's figure. The total import volume increased at an average annual rate of +2.8% 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 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 2.3M units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of electrical fuses for over 1000 v amounted to $8M in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of $9.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Electrical Fuses for over 1000 V in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,078 | 2,094 | 2,649 | 2,305 | 28.8% |
| Singapore | 88.4 | 197 | 1,276 | 1,086 | 130.7% |
| Switzerland | 18.4 | 6.3 | 30.4 | 1,085 | 289.2% |
| United States | 691 | 222 | 187 | 712 | 1.0% |
| France | 190 | 472 | 439 | 669 | 52.1% |
| Germany | 5,250 | 6,081 | 212 | 588 | -51.8% |
| United Kingdom | 75.1 | 8.3 | 10.4 | 386 | 72.6% |
| Hong Kong SAR | 59.7 | 397 | 1,159 | 166 | 40.6% |
| Others | 447 | 283 | 1,451 | 1,044 | 32.7% |
| Total | 7,897 | 9,760 | 7,414 | 8,042 | 0.6% |
Top Suppliers of Electrical Fuses for over 1000 V to India in 2022:
- China (576.2K units)
- Singapore (271.4K units)
- Switzerland (271.1K units)
- United States (178.0K units)
- France (167.2K units)
- Germany (146.9K units)
- United Kingdom (96.6K units)
- Hong Kong SAR (41.5K units)
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