Price for Electrical Fuses for over 1000 V in Kenya - 2023
Contents:
- Price for Electrical Fuses for over 1000 V in Kenya (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Kenya (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Kenya
- Exports of Electrical Fuses for over 1000 V in Kenya
Price for Electrical Fuses for over 1000 V in Kenya (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $0.4 per unit in 2022, with a decrease of -15.2% against the previous year. Overall, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 69% against the previous year. As a result, import price reached the peak level of $0.8 per unit. From 2021 to 2022, the average import prices remained 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 the United Arab Emirates ($1.8 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 the United Arab Emirates (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Fuses for over 1000 V in Kenya (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $1.6 per unit in 2022, reducing by -41.3% against the previous year. In general, the export price recorded a slight decrease. The growth pace was the most rapid in 2020 when the average export price increased by 197%. Over the period under review, the average export prices reached the maximum at $2.8 per unit in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($5 per unit), while the average price for exports to Rwanda ($0.2 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 Democratic Republic of the Congo (+101.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Kenya
In 2022, imports of electrical fuses for over 1000 v into Kenya surged to 4.2M units, picking up by 240% compared with 2021 figures. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v skyrocketed to $1.8M in 2022. In general, imports continue to indicate a resilient increase. 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 Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 785 | 254 | 489 | 1,471 | 23.3% |
| India | 128 | 264 | 92.5 | 201 | 16.2% |
| Others | 159 | 12.2 | 27.3 | 83.1 | -19.4% |
| Total | 1,071 | 530 | 608 | 1,755 | 17.9% |
Top Suppliers of Electrical Fuses for over 1000 V to Kenya in 2022:
- China (4.0M units)
- India (0.2M units)
Exports of Electrical Fuses for over 1000 V in Kenya
In 2022, after two years of decline, there was significant growth in overseas shipments of electrical fuses for over 1000 v, when their volume increased by 32% to 900 units. In general, exports, however, continue to indicate a dramatic decrease. The exports peaked at 4.4K 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 dropped rapidly to $1.5K in 2022. Over the period under review, exports, however, continue to indicate a deep setback. The smallest decline of -9.6% was in 2020. The exports peaked at $2.7K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Fuses for over 1000 V in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 1,257 | 0% |
| Netherlands | 663 | 686 | 1,433 | 179 | -35.4% |
| Democratic Republic of the Congo | 1,304 | N/A | N/A | 12.0 | -79.0% |
| Uganda | 303 | 323 | 76.0 | 9.0 | -69.0% |
| Burundi | 272 | 1,119 | 152 | 5.0 | -73.6% |
| Rwanda | 63.0 | 119 | 25.0 | 3.0 | -63.8% |
| Somalia | 94.0 | 164 | 32.0 | 3.0 | -68.3% |
| Others | 23.0 | 49.0 | 183 | 2.0 | -55.7% |
| Total | 2,722 | 2,460 | 1,901 | 1,470 | -18.6% |
Top Export Markets for Electrical Fuses for over 1000 V from Kenya in 2022:
- Nigeria (810.0 units)
- Netherlands (62.0 units)
- Rwanda (13.0 units)
- Uganda (6.0 units)
- Democratic Republic of the Congo (4.0 units)
- Somalia (2.0 units)
- Burundi (1.0 units)
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