Price for Electrical Fuses for over 1000 V in Singapore - 2023
Contents:
- Price for Electrical Fuses for over 1000 V in Singapore (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Singapore (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Singapore
- Exports of Electrical Fuses for over 1000 V in Singapore
Price for Electrical Fuses for over 1000 V in Singapore (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $8 per unit in 2022, with an increase of 84% against the previous year. In general, the import price recorded prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Brazil ($26 per unit), while the price for Hong Kong SAR ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Singapore (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $6 per unit, picking up by 89% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($13 per unit), while the average price for exports to France ($3.7 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 Australia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Singapore
Imports of electrical fuses for over 1000 v into Singapore dropped significantly to 969K units in 2022, declining by -31.2% against the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 106%. As a result, imports reached the peak of 1.4M units, and then fell notably in the following year.
In value terms, imports of electrical fuses for over 1000 v skyrocketed to $7.7M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 105%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Electrical Fuses for over 1000 V in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,111 | 1,290 | 4,314 | 4,198 | 55.8% |
| Malaysia | 127 | 55.7 | 36.6 | 2,822 | 181.1% |
| United States | 878 | 83.7 | 165 | 170 | -42.1% |
| China | 716 | 495 | 581 | 152 | -40.3% |
| Germany | 58.5 | 149 | 299 | 104 | 21.1% |
| Mexico | 174 | 154 | 77.3 | 94.4 | -18.4% |
| Thailand | 441 | 453 | 253 | 4.4 | -78.5% |
| Others | 659 | 289 | 375 | 193 | -33.6% |
| Total | 4,165 | 2,969 | 6,101 | 7,736 | 22.9% |
Top Suppliers of Electrical Fuses for over 1000 V to Singapore in 2022:
- Japan (514.7K units)
- Malaysia (346.0K units)
- United States (37.9K units)
- China (18.6K units)
- Germany (12.7K units)
- Mexico (11.6K units)
- Thailand (0.5K units)
Exports of Electrical Fuses for over 1000 V in Singapore
In 2022, the amount of electrical fuses for over 1000 v exported from Singapore shrank markedly to 1M units, which is down by -25.4% on 2021. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports reached the peak of 1.3M units, and then shrank rapidly in the following year.
In value terms, exports of electrical fuses for over 1000 v soared to $6.1M in 2022. Over the period under review, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.9% against 2020 indices. 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 116 | 71.3 | 101 | 1,548 | 137.2% |
| Malaysia | 1,903 | 1,291 | 1,808 | 1,463 | -8.4% |
| Australia | 55.4 | 48.1 | 39.8 | 1,265 | 183.7% |
| Indonesia | 1,666 | 1,423 | 1,199 | 886 | -19.0% |
| Thailand | 371 | 295 | 455 | 437 | 5.6% |
| Vietnam | 76.8 | 83.1 | 50.8 | 91.8 | 6.1% |
| China | 646 | 35.2 | 35.1 | 13.0 | -72.8% |
| Myanmar | 27.4 | 39.6 | 276 | 3.3 | -50.6% |
| Others | 517 | 228 | 351 | 368 | -10.7% |
| Total | 5,378 | 3,513 | 4,316 | 6,075 | 4.1% |
Top Export Markets for Electrical Fuses for over 1000 V from Singapore in 2022:
- Malaysia (355.1K units)
- Indonesia (221.1K units)
- India (154.2K units)
- Thailand (97.9K units)
- Australia (96.7K units)
- Vietnam (19.0K units)
- China (3.4K units)
- Myanmar (1.0K units)
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