Price for Electrical Fuses for over 1000 V in Morocco - 2023
Contents:
- Price for Electrical Fuses for over 1000 V in Morocco (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Morocco (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Morocco
- Exports of Electrical Fuses for over 1000 V in Morocco
Price for Electrical Fuses for over 1000 V in Morocco (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $1.9 per unit in 2022, picking up by 5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15% against the previous year. The import price peaked at $2.3 per unit in 2014; however, from 2015 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 France ($6.7 per unit), while the price for Turkey ($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 (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Fuses for over 1000 V in Morocco (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $2.6 per unit in 2022, rising by 13% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 115%. As a result, the export price reached the peak level of $4.2 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($6.5 per unit), while the average price for exports to Senegal ($0.9 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 Gabon (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Morocco
In 2022, overseas purchases of electrical fuses for over 1000 v decreased by -13% to 536K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 47% against the previous year. As a result, imports attained the peak of 683K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of electrical fuses for over 1000 v shrank to $991K in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Electrical Fuses for over 1000 V in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 475 | 750 | 738 | 618 | 9.2% |
France | 132 | 84.2 | 55.2 | 90.9 | -11.7% |
China | 99.9 | 216 | 188 | 78.7 | -7.6% |
Poland | 42.3 | 0.9 | 49.9 | 47.1 | 3.6% |
Turkey | 13.3 | 28.7 | 24.9 | 34.4 | 37.3% |
Hungary | 65.8 | 26.3 | 8.3 | 5.1 | -57.4% |
Others | 122 | 33.9 | 20.0 | 117 | -1.4% |
Total | 950 | 1,139 | 1,085 | 991 | 1.4% |
Top Suppliers of Electrical Fuses for over 1000 V to Morocco in 2022:
- Spain (431.6K units)
- Turkey (35.6K units)
- China (22.3K units)
- Poland (14.7K units)
- France (13.7K units)
- Hungary (3.4K units)
Exports of Electrical Fuses for over 1000 V in Morocco
In 2022, exports of electrical fuses for over 1000 v from Morocco surged to 56K units, rising by 1,195% against 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached 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 $146K in 2022. Overall, exports posted a significant expansion. 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 Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mali | 3.1 | 1.4 | 1.1 | 68.7 | 180.9% |
Guinea | N/A | 10.4 | N/A | 49.2 | 117.5% |
Niger | N/A | 2.2 | N/A | 14.1 | 153.2% |
Cote d'Ivoire | 2.0 | 83.3 | 2.3 | 4.0 | 26.0% |
Burkina Faso | 2.1 | 1.8 | 2.5 | 2.5 | 6.0% |
Congo | N/A | N/A | N/A | 1.4 | 0% |
Togo | 1.6 | 0.2 | 0.9 | 0.9 | -17.5% |
Senegal | N/A | N/A | 0.4 | 0.9 | 125.0% |
Cameroon | 3.4 | N/A | 1.0 | N/A | -45.8% |
Mauritania | 8.2 | 11.9 | 1.2 | N/A | -61.7% |
Others | 1.6 | 4.2 | 0.6 | 3.8 | 33.4% |
Total | 22.1 | 115 | 10.0 | 146 | 87.6% |
Top Export Markets for Electrical Fuses for over 1000 V from Morocco in 2022:
- Mali (37.6K units)
- Guinea (7.6K units)
- Niger (5.2K units)
- Cote d'Ivoire (1.1K units)
- Senegal (1.0K units)
- Congo (1.0K units)
- Burkina Faso (0.6K units)
- Togo (0.3K units)
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