Price for Electrical Fuses for over 1000 V in Pakistan - 2023
Contents:
- Price for Electrical Fuses for over 1000 V in Pakistan (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Pakistan (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Pakistan
- Exports of Electrical Fuses for over 1000 V in Pakistan
Price for Electrical Fuses for over 1000 V in Pakistan (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $4.5 per unit in 2022, growing by 4.7% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical fuses for over 1000 v increased by +6.5% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($4.5 per unit) and Hungary ($4.5 per unit), while the price for the United States ($4.5 per unit) and China ($4.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Pakistan (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $3.7 per unit in 2022, with a decrease of -13% against the previous year. Over the period under review, the export price, however, saw a slight expansion. The export price peaked at $4.3 per unit in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Sri Lanka.
From 2016 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per year.
Imports of Electrical Fuses for over 1000 V in Pakistan
In 2022, after three years of growth, there was significant decline in overseas purchases of electrical fuses for over 1000 v, when their volume decreased by -53.7% to 145K units. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by 28%. Imports peaked at 313K units in 2021, and then fell markedly in the following year.
In value terms, imports of electrical fuses for over 1000 v dropped markedly to $649K in 2022. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 26%. Over the period under review, imports of hit record highs at $1.3M in 2021, and then declined rapidly in the following year.
| Import of Electrical Fuses for over 1000 V in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 604 | 965 | 1,064 | 416 | -11.7% |
| Hungary | 38.2 | 81.8 | 120 | 114 | 44.0% |
| Turkey | 30.3 | 9.1 | 122 | 86.8 | 42.0% |
| United States | 94.3 | 20.9 | 0.6 | 1.4 | -75.4% |
| Germany | 55.2 | 37.0 | 7.0 | 0.4 | -80.6% |
| Others | 70.6 | 14.5 | 26.2 | 31.1 | -23.9% |
| Total | 893 | 1,128 | 1,341 | 649 | -10.1% |
Top Suppliers of Electrical Fuses for over 1000 V to Pakistan in 2022:
- China (92.9K units)
- Hungary (25.4K units)
- Turkey (19.4K units)
- United States (0.3K units)
- Germany (0.1K units)
Exports of Electrical Fuses for over 1000 V in Pakistan
Exports of electrical fuses for over 1000 v from Pakistan reduced notably to 328 units in 2022, dropping by -81.4% on the year before. Overall, exports recorded a sharp decrease. The exports peaked at 1.8K units in 2021, and then dropped markedly in the following year.
In value terms, exports of electrical fuses for over 1000 v declined notably to $1.2K in 2022. In general, exports recorded a sharp slump. The exports peaked at $7.5K in 2021, and then reduced dramatically in the following year.
| Export of Electrical Fuses for over 1000 V in Pakistan (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Sri Lanka | N/A | 1.2 | 0% |
| Singapore | 7.3 | N/A | 0% |
| United Arab Emirates | 0.2 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 7.5 | 1.2 | -84.0% |
Top Export Markets for Electrical Fuses for over 1000 V from Pakistan in 2022:
- Sri Lanka (328.0 units)
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