Price for Electrical Fuses for over 1000 V in Nepal - 2022
Contents:
- Price for Electrical Fuses for over 1000 V in Nepal (CIF) - 2022
- Imports of Electrical Fuses for over 1000 V in Nepal
Price for Electrical Fuses for over 1000 V in Nepal (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $2.4 per unit, falling by -41.1% against the previous year. In general, the import price, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 66%. Over the period under review, average import prices hit record highs at $4 per unit in 2021, and then contracted rapidly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2.4 per unit), while the price for China stood at $2.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.4%).
Imports of Electrical Fuses for over 1000 V in Nepal
In 2022, the amount of electrical fuses for over 1000 v imported into Nepal declined dramatically to 135K units, with a decrease of -74.9% on the previous year. Over the period under review, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 152%. As a result, imports attained the peak of 539K units, and then declined dramatically in the following year.
In value terms, imports of electrical fuses for over 1000 v reduced sharply to $321K in 2022. Overall, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 261% against the previous year. As a result, imports reached the peak of $2.2M, and then plummeted in the following year.
| Import of Electrical Fuses for over 1000 V in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 539 | 477 | 1,379 | 200 | -28.1% |
| China | 189 | 109 | 757 | 113 | -15.8% |
| Others | 8.7 | 16.2 | 36.0 | 8.1 | -2.4% |
| Total | 736 | 602 | 2,172 | 321 | -24.2% |
Top Suppliers of Electrical Fuses for over 1000 V to Nepal in 2022:
- India (84.6K units)
- China (47.9K units)
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