Price for Electrical Fuses for Under 1000 V in Argentina - 2023
Contents:
- Price for Electrical Fuses for Under 1000 V in Argentina (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Argentina (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Argentina
- Exports of Electrical Fuses for Under 1000 V in Argentina
Price for Electrical Fuses for Under 1000 V in Argentina (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $38 per thousand units, increasing by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2017 an increase of 21%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Romania ($125 per thousand units), while the price for China ($19 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Argentina (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $22 per thousand units in 2022, falling by -23.7% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 128% against the previous year. As a result, the export price reached the peak level of $92 per thousand units. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($137 per thousand units), while the average price for exports to Chile ($19 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Argentina
After three years of growth, supplies from abroad of electrical fuses for under 1000 v decreased by -14.9% to 297M units in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of 349M units, and then declined in the following year.
In value terms, imports of electrical fuses for under 1000 v declined to $11M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 75%. As a result, imports attained the peak of $13M, and then contracted in the following year.
| Import of Electrical Fuses for Under 1000 V in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,545 | 1,552 | 2,950 | 2,934 | 23.8% |
| Mexico | 244 | 2,307 | 3,238 | 2,805 | 125.7% |
| Thailand | 3.1 | 603 | 1,750 | 1,685 | 716.1% |
| Brazil | 319 | 389 | 708 | 666 | 27.8% |
| Japan | 214 | 363 | 1,472 | 612 | 41.9% |
| Germany | 174 | 188 | 506 | 556 | 47.3% |
| United States | 418 | 448 | 488 | 438 | 1.6% |
| Spain | 1,035 | 372 | 360 | 260 | -36.9% |
| Others | 2,293 | 1,037 | 1,210 | 1,418 | -14.8% |
| Total | 6,245 | 7,259 | 12,681 | 11,375 | 22.1% |
Top Suppliers of Electrical Fuses for Under 1000 V to Argentina in 2022:
- China (150.7M units)
- Thailand (32.6M units)
- Mexico (30.3M units)
- Brazil (21.2M units)
- Germany (16.8M units)
- Japan (10.1M units)
- United States (8.2M units)
- Spain (7.9M units)
Exports of Electrical Fuses for Under 1000 V in Argentina
In 2022, the amount of electrical fuses for under 1000 v exported from Argentina surged to 10M units, picking up by 347% compared with 2021. Over the period under review, exports enjoyed a tangible expansion. The exports peaked at 19M units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical fuses for under 1000 v skyrocketed to $221K in 2022. In general, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 328%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electrical Fuses for Under 1000 V in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 103 | 64.5 | 21.0 | 180 | 20.5% |
| Brazil | 113 | 50.5 | 40.2 | 18.9 | -44.9% |
| France | N/A | 1,228 | N/A | N/A | 0% |
| Bolivia | 94.5 | 42.7 | N/A | N/A | -54.8% |
| Others | 15.5 | 9.9 | 3.5 | 22.0 | 12.4% |
| Total | 326 | 1,396 | 64.8 | 221 | -12.2% |
Top Export Markets for Electrical Fuses for Under 1000 V from Argentina in 2022:
- Chile (9.6M units)
- Brazil (0.4M units)
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