Price for Electrical Fuses for over 1000 V in Luxembourg - 2024

Contents:

  1. Price for Electrical Fuses for over 1000 V in Luxembourg (CIF) - 2022
  2. Price for Electrical Fuses for over 1000 V in Luxembourg (FOB) - 2022
  3. Imports of Electrical Fuses for over 1000 V in Luxembourg
  4. Exports of Electrical Fuses for over 1000 V in Luxembourg

Price for Electrical Fuses for over 1000 V in Luxembourg (CIF) - 2022

The average import price for electrical fuses for over 1000 v stood at $3.2 per unit in 2022, declining by -5.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 37%. As a result, import price reached the peak level of $4.6 per unit. From 2016 to 2022, the average import prices remained at a 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 Mexico ($10 per unit), while the price for the Netherlands ($1.7 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 States (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Fuses for over 1000 V in Luxembourg (FOB) - 2022

The average export price for electrical fuses for over 1000 v stood at $16 per unit in 2022, picking up by 18% against the previous year. Overall, the export price saw a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 213% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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 Norway ($21 per unit), while the average price for exports to France ($3.1 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 Turkey (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for over 1000 V in Luxembourg

Imports of electrical fuses for over 1000 v into Luxembourg rose rapidly to 93K units in 2022, increasing by 11% against 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 36%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of electrical fuses for over 1000 v rose notably to $298K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Electrical Fuses for over 1000 V in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium21.342.450.997.966.3%
Germany51.611514997.123.5%
France25.747.873.779.946.0%
United States0.1N/AN/A9.1349.8%
Spain6.70.80.83.5-19.5%
Hungary19.8N/AN/AN/A0%
Others28.17.77.710.4-28.2%
Total15321428229824.9%

Top Suppliers of Electrical Fuses for over 1000 V to Luxembourg in 2022:

  1. Germany (44.9K units)
  2. Belgium (24.9K units)
  3. France (17.6K units)
  4. United States (2.5K units)
  5. Spain (1.3K units)

Exports of Electrical Fuses for over 1000 V in Luxembourg

In 2022, the amount of electrical fuses for over 1000 v exported from Luxembourg soared to 2.7K units, increasing by 306% on 2021. In general, exports recorded significant growth. 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 skyrocketed to $42K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electrical Fuses for over 1000 V in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/A0.321.67100.0%
Belgium7.916.98.012.817.5%
Norway3.9N/AN/A6.116.1%
France0.20.30.31.176.5%
United StatesN/A1.4N/AN/A0%
OthersN/A1.90.10.4-54.1%
Total12.020.58.842.151.9%

Top Export Markets for Electrical Fuses for over 1000 V from Luxembourg in 2022:

  1. Turkey (1222.0 units)
  2. Belgium (729.0 units)
  3. France (373.0 units)
  4. Norway (286.0 units)

Source: IndexBox Market Intelligence Platform

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