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

Contents:

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

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

The average import price for electrical fuses for over 1000 v stood at $3.5 per unit in 2022, with a decrease of -21% against the previous year. In general, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 88% against the previous year. Over the period under review, average import prices attained the maximum at $5.5 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($17 per unit), while the price for Poland ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for electrical fuses for over 1000 v amounted to $7.5 per unit, waning by -13.2% against the previous year. In general, the export price saw a slight setback. The growth pace was the most rapid in 2021 an increase of 929%. As a result, the export price attained the peak level of $8.7 per unit, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($11 per unit), while the average price for exports to Papua New Guinea ($2.9 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 India (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for over 1000 V in Malaysia

In 2022, approx. 2.1M units of electrical fuses for over 1000 v were imported into Malaysia; surging by 6% against the previous year. Over the period under review, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Over the period under review, imports of attained the peak figure at 3.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical fuses for over 1000 v contracted significantly to $7.4M in 2022. In general, imports, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electrical Fuses for over 1000 V in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.81.42.32.4-5.0%
Philippines1.41.01.01.0-10.6%
Spain1.00.61.00.8-7.2%
Hong Kong SAR0.30.31.10.838.7%
Singapore3.70.80.90.7-42.6%
Japan0.80.81.10.6-9.1%
Poland0.60.2N/A0.1-45.0%
Others1.61.71.41.0-14.5%
Total12.16.98.87.4-15.1%

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

  1. China (879.9K units)
  2. Spain (456.3K units)
  3. Singapore (220.3K units)
  4. Hong Kong SAR (118.8K units)
  5. Poland (107.9K units)
  6. Japan (61.4K units)
  7. Philippines (58.1K units)

Exports of Electrical Fuses for over 1000 V in Malaysia

Exports of electrical fuses for over 1000 v from Malaysia skyrocketed to 97K units in 2022, jumping by 72% on the previous year's figure. Overall, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 299%. As a result, the exports reached the peak of 516K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electrical fuses for over 1000 v skyrocketed to $730K in 2022. In general, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electrical Fuses for over 1000 V in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3981812594101.0%
India10.917.9N/A182155.6%
Papua New GuineaN/AN/AN/A38.40%
Indonesia19.015.822.024.58.8%
Hong Kong SAR16.47.656.417.93.0%
AustraliaN/AN/AN/A17.30%
Singapore27.810.010912.6-23.2%
Germany19.511.82.8N/A-62.1%
Egypt37.245.910.9N/A-45.9%
Brazil28.794.0N/AN/A227.5%
Others75.749.727.226.2-29.8%
Total6334344887304.9%

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

  1. Thailand (38.3K units)
  2. India (33.3K units)
  3. Papua New Guinea (13.2K units)
  4. Indonesia (2.9K units)
  5. Hong Kong SAR (2.5K units)
  6. Singapore (1.9K units)
  7. Australia (1.6K units)

Source: IndexBox Market Intelligence Platform

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