Price for Electrical Fuses for over 1000 V in Myanmar - 2023
Contents:
- Price for Electrical Fuses for over 1000 V in Myanmar (CIF) - 2022
- Imports of Electrical Fuses for over 1000 V in Myanmar
Price for Electrical Fuses for over 1000 V in Myanmar (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $0.5 per unit in 2022, dropping by -24.1% against the previous year. In general, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 70%. The import price peaked at $1.4 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2.2 per unit), while the price for South Korea ($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 India (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Electrical Fuses for over 1000 V in Myanmar
In 2022, imports of electrical fuses for over 1000 v into Myanmar surged to 960K units, with an increase of 122% on the previous year. Over the period under review, imports, however, recorded a dramatic decrease. Imports peaked at 3.2M units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of electrical fuses for over 1000 v surged to $499K in 2022. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Electrical Fuses for over 1000 V in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 567 | 1,142 | 134 | 459 | -6.8% |
India | 8.1 | 6.3 | 2.6 | 15.4 | 23.9% |
South Korea | 21.1 | 63.2 | 4.6 | 11.5 | -18.3% |
Singapore | 0.8 | 37.5 | 141 | 3.2 | 58.7% |
Japan | 9.7 | 5.4 | 1.7 | 1.2 | -50.2% |
Others | 17.0 | 25.2 | 13.0 | 8.1 | -21.9% |
Total | 623 | 1,280 | 296 | 499 | -7.1% |
Top Suppliers of Electrical Fuses for over 1000 V to Myanmar in 2022:
- China (891.3K units)
- South Korea (36.4K units)
- India (18.0K units)
- Japan (8.3K units)
- Singapore (1.0K units)
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