Price for Electrical Fuses for over 1000 V in Thailand - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Thailand (FOB) - 2022
- Price for Electrical Fuses for over 1000 V in Thailand (CIF) - 2022
- Exports of Electrical Fuses for over 1000 V in Thailand
- Imports of Electrical Fuses for over 1000 V in Thailand
Price for Electrical Fuses for over 1000 V in Thailand (FOB) - 2022
In 2022, the average export price for electrical fuses for over 1000 v amounted to $4.4 per unit, declining by -7.5% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 30%. The export price peaked at $11 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($6.1 per unit), while the average price for exports to Myanmar ($0.3 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 Hong Kong SAR (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Thailand (CIF) - 2022
In 2022, the average import price for electrical fuses for over 1000 v amounted to $0.4 per unit, waning by -4.7% against the previous year. Overall, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2017 an increase of 15% against the previous year. The import price peaked at $0.6 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.2% per year.
Exports of Electrical Fuses for over 1000 V in Thailand
After three years of growth, shipments abroad of electrical fuses for over 1000 v decreased by -40.4% to 1.9M units in 2022. Over the period under review, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. The exports peaked at 3.1M units in 2021, and then shrank significantly in the following year.
In value terms, exports of electrical fuses for over 1000 v contracted notably to $8.2M in 2022. In general, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 89% against the previous year. The exports peaked at $15M in 2021, and then dropped sharply in the following year.
| Export of Electrical Fuses for over 1000 V in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.9 | 5.9 | 7.2 | 4.3 | -4.3% |
| Netherlands | 0.6 | 4.1 | 6.4 | 3.1 | 72.9% |
| United States | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Hong Kong SAR | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Lao People's Democratic Republic | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Cambodia | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Germany | N/A | 0.6 | 0.6 | 0.1 | -59.2% |
| Myanmar | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | 0.1 | 0.1 | -29.3% |
| Total | 6.1 | 11.5 | 14.9 | 8.2 | 10.4% |
Top Export Markets for Electrical Fuses for over 1000 V from Thailand in 2022:
- Netherlands (732.7K units)
- Japan (715.1K units)
- Lao People's Democratic Republic (108.0K units)
- Cambodia (89.3K units)
- United States (85.7K units)
- Myanmar (72.1K units)
- Hong Kong SAR (37.7K units)
- Germany (20.0K units)
Imports of Electrical Fuses for over 1000 V in Thailand
In 2022, overseas purchases of electrical fuses for over 1000 v decreased by -5.9% to 12M units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports reached the peak of 29M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of electrical fuses for over 1000 v fell to $4.4M in 2022. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 9.6%. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Electrical Fuses for over 1000 V in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 11.1 | 4.4 | 3.9 | -26.9% |
| Others | 0.7 | 0.7 | 0.5 | 0.5 | -10.6% |
| Total | 10.8 | 11.8 | 4.9 | 4.4 | -25.9% |
Top Suppliers of Electrical Fuses for over 1000 V to Thailand in 2022:
- China (11.8M units)
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