Price for Electrical Fuses for over 1000 V in Norway - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Norway (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Norway (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Norway
- Exports of Electrical Fuses for over 1000 V in Norway
Price for Electrical Fuses for over 1000 V in Norway (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $5.6 per unit in 2022, surging by 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2017 when the average import price increased by 17%. The import price peaked at $5.8 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 the UK ($20 per unit), while the price for Poland ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Norway (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $13 per unit in 2022, with an increase of 154% against the previous year. In general, the export price posted a mild expansion. Over the period under review, the average export prices attained the maximum at $19 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($39 per unit), while the average price for exports to Lithuania ($5.8 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 Sweden (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Norway
In 2022, imports of electrical fuses for over 1000 v into Norway surged to 602K units, picking up by 87% on the year before. Over the period under review, imports enjoyed significant growth. 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 skyrocketed to $3.4M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for over 1000 V in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 253 | 89.2 | 132 | 904 | 52.9% |
| Germany | 437 | 234 | 208 | 408 | -2.3% |
| Sweden | 81.9 | 128 | 102 | 397 | 69.2% |
| Hungary | 137 | 275 | 352 | 309 | 31.1% |
| Poland | 56.4 | 50.1 | 92.0 | 245 | 63.2% |
| United States | 7.1 | 30.7 | 27.7 | 240 | 223.3% |
| United Kingdom | 4.2 | 394 | 194 | 212 | 269.6% |
| Denmark | 13.8 | 40.8 | 0.9 | 161 | 126.8% |
| Switzerland | 136 | 112 | 77.8 | 150 | 3.3% |
| Mexico | 81.1 | 107 | 127 | 88.0 | 2.8% |
| Tunisia | 87.4 | 83.9 | 87.8 | 83.2 | -1.6% |
| China | 46.1 | 69.2 | 73.7 | 50.5 | 3.1% |
| Taiwan (Chinese) | 15.2 | 17.6 | 32.5 | 27.2 | 21.4% |
| Others | 222 | 92.2 | 168 | 106 | -21.8% |
| Total | 1,579 | 1,724 | 1,676 | 3,381 | 28.9% |
Top Suppliers of Electrical Fuses for over 1000 V to Norway in 2022:
- France (159.1K units)
- Poland (114.3K units)
- Hungary (77.7K units)
- Sweden (76.0K units)
- Germany (45.1K units)
- United States (22.7K units)
- Switzerland (18.8K units)
- Denmark (15.1K units)
- Mexico (14.2K units)
- China (14.1K units)
- United Kingdom (10.6K units)
- Taiwan (Chinese) (10.4K units)
- Tunisia (9.8K units)
Exports of Electrical Fuses for over 1000 V in Norway
In 2022, after three years of growth, there was significant decline in shipments abroad of electrical fuses for over 1000 v, when their volume decreased by -64.7% to 26K units. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 165% against the previous year. Over the period under review, the exports of hit record highs at 74K units in 2021, and then declined rapidly in the following year.
In value terms, exports of electrical fuses for over 1000 v dropped to $348K in 2022. Overall, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 223% against the previous year. As a result, the exports attained the peak of $838K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Electrical Fuses for over 1000 V in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.6 | 4.4 | 37.4 | 87.1 | 125.5% |
| Vietnam | 8.4 | 22.8 | 64.5 | 74.7 | 107.2% |
| Singapore | 0.7 | 6.7 | 3.0 | 39.0 | 281.9% |
| United Kingdom | 15.8 | 502 | 23.7 | 28.0 | 21.0% |
| Sweden | 4.2 | 8.9 | 12.4 | 27.3 | 86.6% |
| Denmark | 21.9 | 3.0 | 18.3 | 17.7 | -6.9% |
| Lithuania | 42.0 | 122 | 158 | 12.1 | -34.0% |
| Netherlands | 30.8 | 82.8 | 30.8 | 10.8 | -29.5% |
| Romania | 49.5 | 11.6 | N/A | N/A | -76.6% |
| Others | 78.9 | 73.6 | 39.7 | 51.0 | -13.5% |
| Total | 260 | 838 | 388 | 348 | 10.2% |
Top Export Markets for Electrical Fuses for over 1000 V from Norway in 2022:
- Vietnam (9.3K units)
- Sweden (3.5K units)
- United States (2.2K units)
- Lithuania (2.1K units)
- Denmark (1.8K units)
- Singapore (1.3K units)
- United Kingdom (1.3K units)
- Netherlands (1.0K units)
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