Price for Electrical Fuses for over 1000 V in Saudi Arabia - 2022
Contents:
- Price for Electrical Fuses for over 1000 V in Saudi Arabia (FOB) - 2022
- Exports of Electrical Fuses for over 1000 V in Saudi Arabia
Price for Electrical Fuses for over 1000 V in Saudi Arabia (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $3.4 per unit in 2021, rising by 54% against the previous year. In general, the export price showed significant growth. The most prominent rate of growth was recorded in 2018 an increase of 86% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($9 per unit), while the average price for exports to Kuwait amounted to $0.9 per unit.
From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Electrical Fuses for over 1000 V in Saudi Arabia
In 2022, shipments abroad of electrical fuses for over 1000 v decreased by -97.1% to 798 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 274%. As a result, the exports reached the peak of 28K units, and then dropped significantly in the following year.
In value terms, exports of electrical fuses for over 1000 v dropped markedly to $2K in 2022. Over the period under review, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 475%. As a result, the exports reached the peak of $94K, and then dropped remarkably in the following year.
| Export of Electrical Fuses for over 1000 V in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| United Arab Emirates | N/A | 73.8 | 0% |
| Kuwait | N/A | 1.3 | 0% |
| Yemen | 5.9 | N/A | 0% |
| Bahrain | 10.4 | N/A | 0% |
| Others | N/A | 18.6 | 0% |
| Total | 16.3 | 93.7 | 474.8% |
Top Export Markets for Electrical Fuses for over 1000 V from Saudi Arabia in 2022:
- United Arab Emirates (8.2K units)
- Kuwait (1.5K units)
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