Price for Electrical Fuses for over 1000 V in Iraq - 2022
Contents:
- Price for Electrical Fuses for over 1000 V in Iraq (CIF) - 2022
- Imports of Electrical Fuses for over 1000 V in Iraq
Price for Electrical Fuses for over 1000 V in Iraq (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $0.5 per unit in 2022, standing approx. at the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical fuses for over 1000 v decreased by -12.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 64% against the previous year. Over the period under review, average import prices reached the peak figure at $0.8 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Greece ($2.2 per unit), while the price for China ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Iraq
Imports of electrical fuses for over 1000 v into Iraq fell remarkably to 1.8M units in 2022, shrinking by -23.1% on the year before. In general, imports saw a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports of attained the maximum at 4.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electrical fuses for over 1000 v reduced dramatically to $968K in 2022. Overall, imports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, imports of attained the maximum at $2.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electrical Fuses for over 1000 V in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,100 | 476 | 913 | 654 | -32.2% |
| Turkey | 37.7 | 66.4 | 32.8 | 75.8 | 26.2% |
| United Arab Emirates | 528 | 222 | 150 | 47.1 | -55.3% |
| Others | 214 | 172 | 171 | 192 | -3.6% |
| Total | 2,879 | 936 | 1,267 | 968 | -30.5% |
Top Suppliers of Electrical Fuses for over 1000 V to Iraq in 2022:
- China (1647.1K units)
- Turkey (74.9K units)
- United Arab Emirates (54.9K units)
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