Price for Electrical Fuses for over 1000 V in Serbia - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Serbia (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Serbia (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Serbia
- Exports of Electrical Fuses for over 1000 V in Serbia
Price for Electrical Fuses for over 1000 V in Serbia (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $2.4 per unit in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $2.4 per unit, leveling off in the following year.
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 France ($6.1 per unit), while the price for Bosnia and Herzegovina ($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 China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Serbia (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $3 per unit, shrinking by -39% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 115%. Over the period under review, the average export prices reached the maximum at $5 per unit in 2021, and then contracted markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($8.4 per unit), while the average price for exports to Bosnia and Herzegovina ($1.2 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 Croatia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Serbia
In 2022, the amount of electrical fuses for over 1000 v imported into Serbia skyrocketed to 169K units, growing by 47% on the previous year's figure. In general, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, imports reached the peak of 338K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of electrical fuses for over 1000 v soared to $399K in 2022. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 76%. As a result, imports attained the peak of $589K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Electrical Fuses for over 1000 V in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 261 | 435 | 162 | 225 | -4.8% |
| India | 2.0 | 38.1 | 5.3 | 35.5 | 160.9% |
| China | 1.9 | 2.7 | 6.8 | 23.3 | 130.6% |
| Spain | 15.1 | 20.8 | 25.3 | 22.7 | 14.6% |
| France | 6.4 | 25.0 | 16.6 | 21.3 | 49.3% |
| Hungary | 10.3 | 13.6 | 14.1 | 19.8 | 24.3% |
| Bosnia and Herzegovina | 5.2 | N/A | 4.3 | 4.6 | -4.0% |
| Others | 33.5 | 54.1 | 38.4 | 46.5 | 11.5% |
| Total | 335 | 589 | 273 | 399 | 6.0% |
Top Suppliers of Electrical Fuses for over 1000 V to Serbia in 2022:
- Slovenia (106.5K units)
- India (24.3K units)
- Hungary (11.2K units)
- China (5.9K units)
- Bosnia and Herzegovina (4.1K units)
- Spain (3.8K units)
- France (3.5K units)
Exports of Electrical Fuses for over 1000 V in Serbia
Exports of electrical fuses for over 1000 v from Serbia soared to 33K units in 2022, picking up by 269% compared with 2021. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for over 1000 v soared to $100K in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 687% against the previous year. As a result, the exports reached the peak of $133K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electrical Fuses for over 1000 V in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 0.1 | 84.3 | 1.4 | 55.8 | 723.3% |
| Bosnia and Herzegovina | 9.7 | 33.6 | 7.0 | 23.2 | 33.7% |
| Russia | 0.1 | 0.7 | N/A | 6.7 | 306.2% |
| North Macedonia | 3.8 | N/A | 27.4 | 2.3 | -15.4% |
| Montenegro | 2.7 | 0.9 | 0.3 | 1.1 | -25.9% |
| Bulgaria | N/A | 10.5 | N/A | N/A | 0% |
| Netherlands | N/A | 1.8 | 6.8 | N/A | 277.8% |
| Others | 0.5 | 1.5 | 1.6 | 10.7 | 177.6% |
| Total | 16.9 | 133 | 44.4 | 99.9 | 80.8% |
Top Export Markets for Electrical Fuses for over 1000 V from Serbia in 2022:
- Bosnia and Herzegovina (18.7K units)
- Croatia (8.2K units)
- Russia (5.1K units)
- Montenegro (0.3K units)
- North Macedonia (0.3K units)
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