Price for Electrical Fuses for over 1000 V in Sri Lanka - 2022

Contents:

  1. Price for Electrical Fuses for over 1000 V in Sri Lanka (CIF) - 2022
  2. Price for Electrical Fuses for over 1000 V in Sri Lanka (FOB) - 2022
  3. Imports of Electrical Fuses for over 1000 V in Sri Lanka
  4. Exports of Electrical Fuses for over 1000 V in Sri Lanka

Price for Electrical Fuses for over 1000 V in Sri Lanka (CIF) - 2022

In 2022, the average import price for electrical fuses for over 1000 v amounted to $0.8 per unit, falling by -29% against the previous year. In general, the import price, however, saw a modest expansion. The pace of growth appeared the most rapid in 2016 an increase of 256% against the previous year. As a result, import price attained the peak level of $2.7 per unit. From 2017 to 2022, the average import prices remained at a 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 Italy ($1.7 per unit), while the price for Hong Kong SAR ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.0%), while the prices for the other major suppliers experienced a decline.

Price for Electrical Fuses for over 1000 V in Sri Lanka (FOB) - 2022

In 2022, the average export price for electrical fuses for over 1000 v amounted to $5.4 per unit, surging by 18% against the previous year. Overall, the export price recorded a mild expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 60%. The export price peaked at $6.1 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($89 per unit), while the average price for exports to Maldives ($1 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 Kenya (+174.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for over 1000 V in Sri Lanka

In 2022, supplies from abroad of electrical fuses for over 1000 v was finally on the rise to reach 816K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep contraction. Imports peaked at 1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical fuses for over 1000 v contracted to $622K in 2022. In general, imports, however, faced a abrupt shrinkage. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electrical Fuses for over 1000 V in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil82.899.611615824.0%
China99.711212115415.6%
Portugal18.025.544.763.652.3%
Spain44.243.841.947.12.1%
United States6.570.448.639.582.5%
India18220.421.833.0-43.4%
Italy55650085.015.3-69.8%
Czech Republic1.06.15.66.283.7%
Hong Kong SAR0.70.110.90.5-10.6%
Others76.391.616410611.6%
Total1,068969659622-16.5%

Top Suppliers of Electrical Fuses for over 1000 V to Sri Lanka in 2022:

  1. China (250.4K units)
  2. Spain (144.5K units)
  3. Brazil (116.2K units)
  4. Portugal (90.3K units)
  5. India (51.4K units)
  6. Czech Republic (44.0K units)
  7. United States (27.8K units)
  8. Italy (9.1K units)
  9. Hong Kong SAR (4.2K units)

Exports of Electrical Fuses for over 1000 V in Sri Lanka

In 2022, exports of electrical fuses for over 1000 v from Sri Lanka skyrocketed to 149 units, surging by 198% against the year before. In general, exports, however, showed a precipitous setback. Over the period under review, the exports of attained the peak figure at 1.9K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical fuses for over 1000 v soared to $800 in 2022. Over the period under review, exports, however, showed a sharp contraction. Over the period under review, the exports of reached the maximum at $5.3K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Electrical Fuses for over 1000 V in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland9722,432124423-24.2%
Spain2251,15655.0178-7.5%
Uganda2901,05745.0129-23.7%
KenyaN/A396N/A26.0-74.4%
India1131421.019.0-44.8%
Others40.01333.025.0-14.5%
Total1,6405,316228800-21.3%

Top Export Markets for Electrical Fuses for over 1000 V from Sri Lanka in 2022:

  1. Uganda (121.0 units)
  2. Switzerland (15.0 units)
  3. India (4.0 units)
  4. Kenya (3.0 units)
  5. Spain (2.0 units)

Source: IndexBox Market Intelligence Platform

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