Price for Electrical Fuses for over 1000 V in New Zealand - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in New Zealand (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in New Zealand (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in New Zealand
- Exports of Electrical Fuses for over 1000 V in New Zealand
Price for Electrical Fuses for over 1000 V in New Zealand (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $4 per unit, declining by -8.3% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 an increase of 40%. Over the period under review, average import prices attained the maximum at $4.4 per unit in 2021, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($4 per unit) and the United States ($4 per unit), while the price for Italy ($4 per unit) and the UK ($4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in New Zealand (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $3.6 per unit in 2022, growing by 8.8% against the previous year. Overall, the export price, however, recorded a noticeable downturn. The growth pace was the most rapid in 2013 when the average export price increased by 88%. Over the period under review, the average export prices hit record highs at $15 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($3.6 per unit) and Australia ($3.6 per unit), while the average price for exports to Brazil ($3.6 per unit) and the Netherlands ($3.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+1.7%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Fuses for over 1000 V in New Zealand
In 2022, purchases abroad of electrical fuses for over 1000 v was finally on the rise to reach 354K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v soared to $1.4M in 2022. Overall, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for over 1000 V in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 677 | 560 | 251 | 683 | 0.3% |
| United States | 32.8 | 63.0 | 12.7 | 180 | 76.4% |
| Poland | 118 | 72.1 | 90.1 | 130 | 3.3% |
| Brazil | 3.5 | N/A | 8.9 | 113 | 218.4% |
| Mexico | 48.2 | 64.5 | 126 | 104 | 29.2% |
| Australia | 24.7 | 12.4 | 27.8 | 75.5 | 45.1% |
| Italy | 0.4 | N/A | 0.6 | 30.0 | 321.7% |
| Germany | 37.9 | 17.9 | 5.4 | 26.6 | -11.1% |
| Others | 35.7 | 110 | 61.5 | 72.9 | 26.9% |
| Total | 979 | 900 | 584 | 1,415 | 13.1% |
Top Suppliers of Electrical Fuses for over 1000 V to New Zealand in 2022:
- China (170.7K units)
- United States (45.0K units)
- Poland (32.6K units)
- Brazil (28.2K units)
- Mexico (26.1K units)
- Australia (18.9K units)
- Italy (7.5K units)
- Germany (6.6K units)
Exports of Electrical Fuses for over 1000 V in New Zealand
In 2022, exports of electrical fuses for over 1000 v from New Zealand amounted to 40K units, with an increase of 2.4% against 2021 figures. The total export volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 41K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electrical fuses for over 1000 v expanded significantly to $142K in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.8% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 58%. As a result, the exports attained the peak of $184K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Electrical Fuses for over 1000 V in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 11.8 | 50.6 | 328.8% |
| Australia | 42.3 | 126 | 26.8 | 26.1 | -14.9% |
| Fiji | 46.0 | 2.0 | 4.1 | 17.1 | -28.1% |
| Papua New Guinea | N/A | N/A | N/A | 16.9 | 0% |
| Nauru | N/A | N/A | 7.8 | 7.0 | -10.3% |
| Russia | N/A | N/A | 5.1 | 4.5 | -11.8% |
| Samoa | 12.7 | 49.2 | 7.3 | 4.3 | -30.3% |
| Brazil | N/A | N/A | 41.4 | 1.9 | -95.4% |
| Solomon Islands | 5.8 | 2.7 | 7.8 | N/A | 16.0% |
| Others | 10.2 | 4.6 | 15.9 | 14.1 | 11.4% |
| Total | 117 | 184 | 128 | 142 | 6.7% |
Top Export Markets for Electrical Fuses for over 1000 V from New Zealand in 2022:
- China (14.1K units)
- Australia (7.3K units)
- Fiji (4.8K units)
- Papua New Guinea (4.7K units)
- Nauru (2.0K units)
- Russia (1.3K units)
- Samoa (1.2K units)
- Brazil (0.5K units)
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