Price for Electrical Fuses for over 1000 V in Tanzania - 2023
Contents:
- Price for Electrical Fuses for over 1000 V in Tanzania (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Tanzania (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Tanzania
- Exports of Electrical Fuses for over 1000 V in Tanzania
Price for Electrical Fuses for over 1000 V in Tanzania (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $0.3 per unit, with an increase of 10% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 92% against the previous year. Over the period under review, average import prices hit record highs at $0.6 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($0.8 per unit), while the price for China ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Tanzania (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $0.2 per unit in 2022, reducing by -67.1% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth was the most pronounced in 2019 a decrease of -0.3%. The export price peaked at $2.2 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($0.4 per unit), while the average price for exports to Democratic Republic of the Congo stood at $0.2 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+0.5%).
Imports of Electrical Fuses for over 1000 V in Tanzania
Imports of electrical fuses for over 1000 v into Tanzania fell notably to 2.5M units in 2022, waning by -21.9% on the year before. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. Over the period under review, imports of hit record highs at 5.5M 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 declined to $823K in 2022. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. Imports peaked at $973K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Fuses for over 1000 V in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 743 | 489 | 943 | 739 | -0.2% |
| Italy | N/A | 0.5 | N/A | 80.2 | 1166.5% |
| India | 174 | 3.4 | 9.3 | 2.7 | -75.1% |
| Others | 56.2 | 19.2 | 5.1 | 1.2 | -72.3% |
| Total | 973 | 512 | 957 | 823 | -5.4% |
Top Suppliers of Electrical Fuses for over 1000 V to Tanzania in 2022:
- China (2413.4K units)
- Italy (104.9K units)
- India (6.4K units)
Exports of Electrical Fuses for over 1000 V in Tanzania
In 2022, approx. 18K units of electrical fuses for over 1000 v were exported from Tanzania; increasing by 1,327% compared with the previous year. Over the period under review, exports continue to indicate significant growth. 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 $3.7K in 2022. In general, exports, however, showed a deep downturn. The exports peaked at $6.8K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Fuses for over 1000 V in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 6.5 | N/A | N/A | 2.2 | -30.3% |
| Zambia | N/A | 0.4 | 0.8 | 1.5 | 93.6% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 6.8 | 0.4 | 0.8 | 3.7 | -18.4% |
Top Export Markets for Electrical Fuses for over 1000 V from Tanzania in 2022:
- Democratic Republic of the Congo (14.2K units)
- Zambia (3.9K units)
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