Price for Electrical Fuses for over 1000 V in the UK - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in the UK (FOB) - 2022
- Price for Electrical Fuses for over 1000 V in the UK (CIF) - 2022
- Exports of Electrical Fuses for over 1000 V in the UK
- Imports of Electrical Fuses for over 1000 V in the UK
Price for Electrical Fuses for over 1000 V in the UK (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $5.6 per unit in 2022, reducing by -15.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 47% against the previous year. The export price peaked at $6.6 per unit in 2021, and then fell markedly in the following year.
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 the United States ($21 per unit), while the average price for exports to Ireland ($0.8 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 the United States (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in the UK (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $3.2 per unit in 2022, jumping by 23% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 32% against the previous year. As a result, import price attained the peak level of $4.3 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12 per unit), while the price for Turkey ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Fuses for over 1000 V in the UK
In 2022, overseas shipments of electrical fuses for over 1000 v increased by 24% to 1.6M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic curtailment. The exports peaked at 3.3M 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 expanded modestly to $9.1M in 2022. In general, exports, however, showed a deep slump. Over the period under review, the exports of attained the maximum at $13M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Fuses for over 1000 V in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 240 | 35.2 | 91.4 | 1,311 | 76.1% |
| Germany | 460 | 648 | 661 | 806 | 20.6% |
| United States | 3,049 | 3,168 | 730 | 733 | -37.8% |
| Turkey | 122 | 105 | 211 | 514 | 61.5% |
| France | 228 | 109 | 394 | 445 | 25.0% |
| China | 436 | 342 | 309 | 403 | -2.6% |
| United Arab Emirates | 302 | 212 | 193 | 300 | -0.2% |
| Italy | 141 | 139 | 99.4 | 257 | 22.2% |
| Saudi Arabia | 232 | 350 | 450 | 253 | 2.9% |
| Ghana | 1,498 | 363 | 230 | 237 | -45.9% |
| South Africa | 308 | 257 | 286 | 232 | -9.0% |
| Ireland | 245 | 336 | 253 | 174 | -10.8% |
| Qatar | 105 | 160 | 84.8 | 149 | 12.4% |
| Others | 6,087 | 5,272 | 4,705 | 3,255 | -18.8% |
| Total | 13,454 | 11,498 | 8,700 | 9,068 | -12.3% |
Top Export Markets for Electrical Fuses for over 1000 V from the UK in 2022:
- Ireland (220.1K units)
- Germany (113.1K units)
- Norway (92.1K units)
- South Africa (79.9K units)
- Italy (72.4K units)
- United Arab Emirates (71.1K units)
- Qatar (68.5K units)
- Turkey (65.1K units)
- Ghana (57.8K units)
- China (45.9K units)
- France (43.8K units)
- United States (35.7K units)
- Saudi Arabia (26.5K units)
Imports of Electrical Fuses for over 1000 V in the UK
In 2022, imports of electrical fuses for over 1000 v into the UK rose remarkably to 1.6M units, increasing by 11% against the previous year. Overall, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, imports attained the peak of 2.3M units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of electrical fuses for over 1000 v surged to $5.1M in 2022. Over the period under review, imports, however, saw a deep reduction. Over the period under review, imports of reached the maximum at $6.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electrical Fuses for over 1000 V in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 635 | 723 | 712 | 1,291 | 26.7% |
| Germany | 728 | 312 | 189 | 725 | -0.1% |
| India | 328 | 295 | 508 | 598 | 22.2% |
| Mexico | 93.5 | 41.1 | 63.8 | 445 | 68.2% |
| Hungary | 1,260 | 1,013 | 609 | 423 | -30.5% |
| United States | 785 | 374 | 333 | 376 | -21.8% |
| France | 406 | 462 | 376 | 249 | -15.0% |
| Hong Kong SAR | 9.4 | 21.6 | 111 | 133 | 141.9% |
| Poland | 805 | 64.0 | 36.5 | 106 | -49.1% |
| Turkey | 16.7 | 42.2 | 99.8 | 50.2 | 44.3% |
| Ireland | 18.5 | 396 | 15.1 | 24.1 | 9.2% |
| Others | 1,223 | 977 | 680 | 652 | -18.9% |
| Total | 6,308 | 4,722 | 3,733 | 5,072 | -7.0% |
Top Suppliers of Electrical Fuses for over 1000 V to the UK in 2022:
- China (651.6K units)
- India (296.8K units)
- Germany (191.0K units)
- Hungary (124.1K units)
- Mexico (61.5K units)
- Hong Kong SAR (38.7K units)
- Turkey (34.6K units)
- France (32.7K units)
- United States (30.3K units)
- Poland (19.6K units)
- Ireland (5.4K units)
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