Price for Electrical Fuses for over 1000 V in Panama - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Panama (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Panama (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Panama
- Exports of Electrical Fuses for over 1000 V in Panama
Price for Electrical Fuses for over 1000 V in Panama (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $1.6 per unit, growing by 34% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 decreased by -2.2% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 64%. As a result, import price reached the peak level of $1.9 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
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 United States ($2.6 per unit), while the price for Colombia ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Panama (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $3.8 per unit in 2022, reducing by -8.8% against the previous year. In general, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 74% against the previous year. The export price peaked at $4.2 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3.8 per unit), while the average price for exports to Ecuador amounted to $0.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Panama
In 2022, approx. 569K units of electrical fuses for over 1000 v were imported into Panama; with an increase of 14% on 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of electrical fuses for over 1000 v soared to $897K in 2022. In general, imports posted buoyant growth. 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 Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 207 | 105 | 296 | 409 | 25.5% |
| Mexico | 152 | 229 | 152 | 184 | 6.6% |
| United States | 74.5 | 61.0 | 92.9 | 120 | 17.2% |
| Taiwan (Chinese) | N/A | N/A | 0.9 | 48.8 | 5322.2% |
| Free Zones | 13.9 | 6.1 | 5.5 | 33.4 | 33.9% |
| China | 73.2 | 24.4 | 15.6 | 9.6 | -49.2% |
| Others | 60.7 | 23.4 | 26.7 | 91.7 | 14.7% |
| Total | 581 | 450 | 590 | 897 | 15.6% |
Top Suppliers of Electrical Fuses for over 1000 V to Panama in 2022:
- Colombia (362.2K units)
- Mexico (97.2K units)
- United States (46.6K units)
- Taiwan (Chinese) (21.9K units)
- Free Zones (16.0K units)
- China (5.7K units)
Exports of Electrical Fuses for over 1000 V in Panama
In 2022, after two years of decline, there was significant growth in shipments abroad of electrical fuses for over 1000 v, when their volume increased by 61% to 169K units. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for over 1000 v skyrocketed to $640K in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electrical Fuses for over 1000 V in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 554 | 535 | 420 | 636 | 4.7% |
| Others | 33.4 | 11.2 | 15.9 | 4.6 | -48.4% |
| Total | 587 | 546 | 436 | 640 | 2.9% |
Top Export Markets for Electrical Fuses for over 1000 V from Panama in 2022:
- United States (167.7K units)
107
This report provides an in-depth analysis of the electrical circuit apparatus market in Panama.
146
This report provides an in-depth analysis of the circuit breaker market in Panama.
37
This report provides an in-depth analysis of the market for automatic circuit breakers for over 1000 v in Panama.
1026
This report provides an in-depth analysis of the global electrical fuse market.
1015
This report provides an in-depth analysis of the global electrical circuit apparatus market.
1545
This report provides an in-depth analysis of the global circuit breaker market.
705
This report provides an in-depth analysis of the global isolating switch market.
29
This report provides an in-depth analysis of the global market for automatic circuit breakers for over 1000 v.
107
This report provides an in-depth analysis of the electrical circuit apparatus market in Panama.
146
This report provides an in-depth analysis of the circuit breaker market in Panama.
86
Discover the leading import markets for electrical fuse, including the United States, China, and Mexico. Learn about the key players driving the global market for these essential components.
915
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
1238
In value terms, electrical machines and apparatus imports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual rat...
1002
In value terms, electrical apparatus exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
1426
In value terms, electrical machines and apparatus exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value decreased at an average annual rate...
86
Explore the top import markets for circuit breakers in 2023, including key statistics and trends in countries like the United States, Germany, and France.
869
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
1255
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
86
Discover the leading import markets for electrical fuse, including the United States, China, and Mexico. Learn about the key players driving the global market for these essential components.
915
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
