Price for Electrical Fuses for over 1000 V in Lithuania - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Lithuania (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Lithuania (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Lithuania
- Exports of Electrical Fuses for over 1000 V in Lithuania
Price for Electrical Fuses for over 1000 V in Lithuania (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $2.5 per unit, jumping by 119% against the previous year. Overall, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($11 per unit), while the price for Ukraine ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Lithuania (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $5.6 per unit in 2022, increasing by 25% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 59%. Over the period under review, the average export prices attained the peak figure at $6.1 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($14 per unit), while the average price for exports to India ($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 Kyrgyzstan (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Lithuania
In 2022, approx. 353K units of electrical fuses for over 1000 v were imported into Lithuania; declining by -27.8% compared with 2021 figures. In general, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, imports reached the peak of 488K units, and then declined rapidly in the following year.
In value terms, imports of electrical fuses for over 1000 v skyrocketed to $866K in 2022. Overall, imports, however, showed moderate 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 Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 263 | 168 | 251 | 272 | 1.1% |
| Hungary | N/A | N/A | 71.4 | 185 | 159.1% |
| United Kingdom | 228 | 75.5 | 0.6 | 123 | -18.6% |
| Sweden | 106 | 38.5 | 52.4 | 83.7 | -7.6% |
| Slovakia | 108 | 49.1 | 64.0 | 47.3 | -24.1% |
| Czech Republic | N/A | 0.1 | 0.5 | 24.9 | 1478.0% |
| Ukraine | 12.6 | 25.6 | 62.8 | 15.1 | 6.2% |
| Others | 37.6 | 38.4 | 45.4 | 115 | 45.2% |
| Total | 755 | 396 | 548 | 866 | 4.7% |
Top Suppliers of Electrical Fuses for over 1000 V to Lithuania in 2022:
- Poland (182.0K units)
- Slovakia (50.8K units)
- Ukraine (46.9K units)
- Hungary (24.9K units)
- Sweden (19.7K units)
- United Kingdom (11.4K units)
- Czech Republic (5.8K units)
Exports of Electrical Fuses for over 1000 V in Lithuania
In 2022, shipments abroad of electrical fuses for over 1000 v decreased by -21.5% to 16K units, falling for the second consecutive year after two years of growth. Overall, total exports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -37.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 68%. As a result, the exports reached the peak of 25K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electrical fuses for over 1000 v reduced to $87K in 2022. In general, exports continue to indicate a slight decline. The growth pace was the most rapid in 2021 with an increase of 17%. The exports peaked at $92K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electrical Fuses for over 1000 V in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 13.1 | 8.0 | 35.3 | 34.7 | 38.4% |
| Belarus | 9.8 | 10.7 | 9.3 | 15.0 | 15.2% |
| Kyrgyzstan | N/A | N/A | N/A | 13.0 | 0% |
| Russia | 20.8 | 32.6 | 15.2 | 5.2 | -37.0% |
| Vietnam | 0.4 | N/A | N/A | 3.9 | 113.6% |
| Estonia | 2.0 | 0.7 | 1.3 | 2.4 | 6.3% |
| Ukraine | 0.1 | N/A | 0.4 | 2.1 | 175.9% |
| India | 0.2 | 0.4 | 1.6 | 0.7 | 51.8% |
| Poland | 3.8 | 15.2 | 6.6 | 0.5 | -49.1% |
| Nigeria | 11.6 | N/A | N/A | N/A | 0% |
| Others | 30.4 | 8.3 | 19.2 | 9.8 | -31.4% |
| Total | 92.2 | 76.0 | 88.9 | 87.4 | -1.8% |
Top Export Markets for Electrical Fuses for over 1000 V from Lithuania in 2022:
- Latvia (6.6K units)
- Belarus (3.2K units)
- Estonia (1.2K units)
- Kyrgyzstan (0.9K units)
- Russia (0.8K units)
- India (0.7K units)
- Vietnam (0.6K units)
- Ukraine (0.5K units)
- Poland (0.2K units)
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