Price for Electrical Fuses for over 1000 V in South Africa - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in South Africa (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in South Africa (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in South Africa
- Exports of Electrical Fuses for over 1000 V in South Africa
Price for Electrical Fuses for over 1000 V in South Africa (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $1.2 per unit, declining by -31.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 81% against the previous year. The import price peaked at $2 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 ($4.9 per unit), while the price for China ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in South Africa (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $1.4 per unit, picking up by 17% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical fuses for over 1000 v increased by +92.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 64%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($2.9 per unit), while the average price for exports to Swaziland ($0.6 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 Botswana (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in South Africa
In 2022, overseas purchases of electrical fuses for over 1000 v were finally on the rise to reach 1.9M units after two years of decline. Over the period under review, imports, however, recorded a deep reduction. Imports peaked at 2.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electrical fuses for over 1000 v stood at $2.4M in 2022. Overall, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked at $2.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Fuses for over 1000 V in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,103 | 722 | 748 | 952 | -4.8% |
| Brazil | 422 | 165 | 256 | 395 | -2.2% |
| India | 391 | 341 | 611 | 320 | -6.5% |
| Germany | 230 | 164 | 224 | 259 | 4.0% |
| Hungary | 122 | 160 | 229 | 112 | -2.8% |
| Slovenia | 10.8 | 47.6 | 25.4 | 58.2 | 75.3% |
| Others | 395 | 176 | 251 | 274 | -11.5% |
| Total | 2,674 | 1,776 | 2,344 | 2,368 | -4.0% |
Top Suppliers of Electrical Fuses for over 1000 V to South Africa in 2022:
- China (1508.9K units)
- India (131.4K units)
- Brazil (80.5K units)
- Germany (65.1K units)
- Slovenia (48.7K units)
- Hungary (25.1K units)
Exports of Electrical Fuses for over 1000 V in South Africa
In 2022, after two years of decline, there was significant growth in overseas shipments of electrical fuses for over 1000 v, when their volume increased by 80% to 1.6M units. Over the period under review, exports, however, recorded a pronounced downturn. The exports peaked at 1.8M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electrical fuses for over 1000 v skyrocketed to $2.2M in 2022. Overall, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Fuses for over 1000 V in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 39.3 | 21.0 | 14.4 | 703 | 161.5% |
| Zimbabwe | 88.9 | 28.9 | 364 | 623 | 91.4% |
| Swaziland | 468 | 160 | 127 | 257 | -18.1% |
| Angola | 2.5 | 0.3 | 22.3 | 182 | 317.6% |
| Namibia | 189 | 160 | 182 | 155 | -6.4% |
| Botswana | 70.1 | 159 | 124 | 120 | 19.6% |
| Lesotho | 297 | 293 | 97.6 | 82.4 | -34.8% |
| Mozambique | 52.5 | 152 | 44.5 | 40.3 | -8.4% |
| Others | 371 | 76.7 | 90.6 | 82.6 | -39.4% |
| Total | 1,578 | 1,052 | 1,066 | 2,244 | 12.5% |
Top Export Markets for Electrical Fuses for over 1000 V from South Africa in 2022:
- Swaziland (452.6K units)
- Zimbabwe (290.6K units)
- Malawi (239.6K units)
- Namibia (204.2K units)
- Lesotho (120.9K units)
- Angola (103.5K units)
- Botswana (68.0K units)
- Mozambique (22.9K units)
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