Price for Electrical Fuses for Under 1000 V in Algeria - 2022

Contents:

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

Price for Electrical Fuses for Under 1000 V in Algeria (CIF) - 2022

In 2022, the average import price for electrical fuses for under 1000 v amounted to $29 per thousand units, waning by -8.3% against the previous year. Overall, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 74%. Over the period under review, average import prices attained the maximum at $42 per thousand units in 2018; however, from 2019 to 2022, 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 Germany ($219 per thousand units), while the price for Indonesia ($11 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Fuses for Under 1000 V in Algeria (FOB) - 2022

The average export price for electrical fuses for under 1000 v stood at less than $0.1 per unit in 2022, with a decrease of -48% against the previous year. Over the period under review, the export price continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 126%. The export price peaked at $0.5 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain (less than $0.1 per unit), while the average price for exports to France (less than $0.1 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 South Africa (+10.8%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Fuses for Under 1000 V in Algeria

In 2022, purchases abroad of electrical fuses for under 1000 v increased by 8.1% to 36M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a drastic downturn. Imports peaked at 62M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical fuses for under 1000 v reduced slightly to $1.1M in 2022. In general, imports, however, showed a drastic downturn. Over the period under review, imports of reached the peak figure at $1.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electrical Fuses for Under 1000 V in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco328145115156-21.9%
Italy159312224131-6.3%
China21110392.696.4-23.0%
Hungary63.963.255.984.89.9%
France17214268.281.9-21.9%
Turkey28.040.036.364.632.1%
Tunisia50.446.538.354.22.5%
Spain11721794.924.2-40.9%
Indonesia23.620.215.520.3-4.9%
South Korea50.323.21.52.0-65.9%
Others606386326343-17.3%
Total1,8091,5001,0681,058-16.4%

Top Suppliers of Electrical Fuses for Under 1000 V to Algeria in 2022:

  1. Italy (8.6M units)
  2. Morocco (8.6M units)
  3. China (6.7M units)
  4. Turkey (2.6M units)
  5. Indonesia (1.9M units)
  6. Hungary (1.3M units)
  7. France (1.2M units)
  8. Spain (1.1M units)
  9. Tunisia (0.7M units)

Exports of Electrical Fuses for Under 1000 V in Algeria

In 2022, overseas shipments of electrical fuses for under 1000 v were finally on the rise to reach 121K units for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical fuses for under 1000 v soared to $4.9K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electrical Fuses for Under 1000 V in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8085282324,74080.4%
South Africa1.01.01.0183467.7%
France7.04.01.023.048.7%
Mauritania117N/AN/AN/A0%
Others3.02.01.0N/A-42.3%
Total9365352354,94674.2%

Top Export Markets for Electrical Fuses for Under 1000 V from Algeria in 2022:

  1. Spain (96.6K units)
  2. South Africa (15.8K units)
  3. France (9.0K units)

Source: IndexBox Market Intelligence Platform

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