Price for Electrical Fuses for over 1000 V in Latvia - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Latvia (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Latvia (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Latvia
- Exports of Electrical Fuses for over 1000 V in Latvia
Price for Electrical Fuses for over 1000 V in Latvia (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $2.8 per unit, declining by -30.1% against the previous year. Overall, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 147% against the previous year. As a result, import price attained the peak level of $4.1 per unit, and then fell notably in the following year.
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 Germany ($17 per unit), while the price for Bulgaria ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Latvia (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $1.4 per unit in 2022, dropping by -43.7% against the previous year. In general, the export price, however, saw pronounced growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 161% against the previous year. As a result, the export price reached the peak level of $6.6 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($7.5 per unit), while the average price for exports to Estonia ($1.1 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 Russia (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Latvia
In 2022, approx. 414K units of electrical fuses for over 1000 v were imported into Latvia; picking up by 396% compared with 2021 figures. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v surged to $1.2M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for over 1000 V in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | N/A | N/A | 661 | 1776.7% |
| Germany | 2.2 | 57.4 | 232 | 321 | 426.5% |
| Russia | 55.2 | 34.4 | 26.9 | 36.1 | -13.2% |
| Bulgaria | 10.2 | 8.5 | 9.3 | 33.1 | 48.1% |
| Lithuania | 18.3 | 15.3 | 39.2 | 28.4 | 15.8% |
| Turkey | N/A | 40.8 | 12.7 | 21.4 | -27.6% |
| Czech Republic | N/A | 145 | 8.6 | N/A | -94.1% |
| Others | 44.4 | 77.9 | 9.5 | 72.1 | 17.5% |
| Total | 130 | 380 | 339 | 1,173 | 108.2% |
Top Suppliers of Electrical Fuses for over 1000 V to Latvia in 2022:
- United States (320.5K units)
- Bulgaria (34.4K units)
- Russia (22.5K units)
- Germany (18.9K units)
- Lithuania (7.8K units)
- Turkey (1.6K units)
Exports of Electrical Fuses for over 1000 V in Latvia
In 2022, exports of electrical fuses for over 1000 v from Latvia surged to 114K units, picking up by 123% on the previous year's figure. Overall, exports enjoyed a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for over 1000 v surged to $159K in 2022. Over the period under review, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. The exports peaked at $185K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Fuses for over 1000 V in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 61.6 | 46.0 | 40.9 | 116 | 23.5% |
| Russia | 99.2 | 39.2 | 68.2 | 34.2 | -29.9% |
| Germany | 11.9 | N/A | N/A | N/A | 0% |
| Others | 12.3 | 5.2 | 17.9 | 9.4 | -8.6% |
| Total | 185 | 90.5 | 127 | 159 | -4.9% |
Top Export Markets for Electrical Fuses for over 1000 V from Latvia in 2022:
- Estonia (107.9K units)
- Russia (4.6K units)
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