Price for Electrical Fuses for over 1000 V in Iran - 2022

Contents:

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

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

In 2022, the average import price for electrical fuses for over 1000 v amounted to $1.2 per unit, growing by 8.8% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2013 an increase of 92%. As a result, import price reached the peak level of $2.6 per unit. From 2014 to 2022, the average 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 China ($2.3 per unit), while the price for South Korea ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for electrical fuses for over 1000 v stood at $0.5 per unit in 2022, jumping by 16% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. Over the period under review, the average export prices attained the peak figure at $0.8 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($0.6 per unit), while the average price for exports to Afghanistan amounted to $0.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Fuses for over 1000 V in Iran

In 2022, supplies from abroad of electrical fuses for over 1000 v increased by 20% to 84K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic descent. Over the period under review, imports of hit record highs at 357K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical fuses for over 1000 v surged to $105K in 2022. Overall, imports, however, saw a sharp reduction. Over the period under review, imports of reached the peak figure at $450K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electrical Fuses for over 1000 V in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey11.26.27.330.740.0%
Switzerland2.640.417.929.7125.2%
Slovenia59.815.32.57.7-49.5%
France23.88.83.14.1-44.4%
Germany20.020.93.53.6-43.5%
Hong Kong SAR5.12.92.33.2-14.4%
China77.325.613.32.1-69.9%
United Arab Emirates16750.111.21.3-80.2%
Others84.240.619.122.2-35.9%
Total45021180.2105-38.4%

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

  1. Turkey (44.6K units)
  2. Switzerland (13.8K units)
  3. Hong Kong SAR (6.7K units)
  4. France (5.1K units)
  5. Slovenia (4.2K units)
  6. United Arab Emirates (2.8K units)
  7. Germany (2.3K units)
  8. China (0.9K units)

Exports of Electrical Fuses for over 1000 V in Iran

In 2022, after three years of growth, there was significant decline in shipments abroad of electrical fuses for over 1000 v, when their volume decreased by -84.2% to 2K units. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 141% against the previous year. The exports peaked at 13K units in 2021, and then shrank rapidly in the following year.

In value terms, exports of electrical fuses for over 1000 v shrank remarkably to $1.1K in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 98% against the previous year. The exports peaked at $5.7K in 2021, and then dropped sharply in the following year.

Export of Electrical Fuses for over 1000 V in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan0.21.23.30.751.8%
Afghanistan0.21.22.50.314.5%
Iraq1.11.4N/AN/A27.3%
Qatar0.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.93.85.71.1-16.7%

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

  1. Tajikistan (1287.0 units)
  2. Afghanistan (697.0 units)

Source: IndexBox Market Intelligence Platform

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