Price for Electrical Fuses for over 1000 V in Libya - 2022
Contents:
- Price for Electrical Fuses for over 1000 V in Libya (CIF) - 2022
- Imports of Electrical Fuses for over 1000 V in Libya
Price for Electrical Fuses for over 1000 V in Libya (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $1.2 per unit, surging by 59% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59%. The import price peaked at $2.9 per unit in 2012; however, from 2013 to 2022, 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 Portugal ($1.7 per unit), while the price for China ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+87.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Electrical Fuses for over 1000 V in Libya
In 2022, purchases abroad of electrical fuses for over 1000 v decreased by -61.3% to 1M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports attained the peak of 2.6M units, and then declined sharply in the following year.
In value terms, imports of electrical fuses for over 1000 v reduced notably to $1.2M in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports attained the peak of $2M, and then dropped notably in the following year.
| Import of Electrical Fuses for over 1000 V in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | N/A | N/A | 1,077 | 702 | -34.8% |
| Italy | 1,236 | 855 | 757 | 449 | -28.6% |
| China | 75.5 | 87.0 | 11.6 | 1.3 | -74.2% |
| Others | 201 | 201 | 179 | 91.8 | -23.0% |
| Total | 1,513 | 1,143 | 2,025 | 1,244 | -6.3% |
Top Suppliers of Electrical Fuses for over 1000 V to Libya in 2022:
- Italy (563.4K units)
- Portugal (417.0K units)
- China (2.1K units)
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