Price for Electrical Fuses for Under 1000 V in Austria - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Austria (CIF) - 2024
- Price for Electrical Fuses for Under 1000 V in Austria (FOB) - 2024
- Imports of Electrical Fuses for Under 1000 V in Austria
- Exports of Electrical Fuses for Under 1000 V in Austria
Price for Electrical Fuses for Under 1000 V in Austria (CIF) - 2024
The average import price for electrical fuses for under 1000 v stood at $118 per thousand units in February 2024, jumping by 132% against the previous month. In general, import price indicated a buoyant expansion from February 2023 to February 2024: its price increased at an average monthly rate of +5.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for electrical fuses for under 1000 v increased by +131.8% against January 2024 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Taiwan (Chinese) ($587 per thousand units), while the price for China ($29.0 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Austria (FOB) - 2024
In February 2024, the average export price for electrical fuses for under 1000 v amounted to $199 per thousand units, growing by 61% against the previous month. Overall, export price indicated a prominent expansion from February 2023 to February 2024: its price increased at an average monthly rate of +5.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, export price for electrical fuses for under 1000 v increased by +147.2% against December 2023 indices. Over the period under review, the average export prices hit record highs at $201 per thousand units in June 2023; however, from July 2023 to February 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($326 per thousand units), while the average price for exports to Uganda ($33.0 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Austria
In 2022, imports of electrical fuses for under 1000 v into Austria reduced to 301M units, falling by -3.9% on 2021. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of 313M units, and then fell modestly in the following year.
In value terms, imports of electrical fuses for under 1000 v reduced to $18M in 2022. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 9.1% against the previous year. Over the period under review, imports of hit record highs at $21M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Fuses for Under 1000 V in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.7 | 7.0 | 8.8 | 7.9 | 5.6% |
| Italy | 2.2 | 1.9 | 3.0 | 2.0 | -3.1% |
| Thailand | 1.8 | 1.8 | 1.7 | 1.4 | -8.0% |
| France | 5.2 | 3.6 | 1.3 | 1.3 | -37.0% |
| Slovenia | 0.6 | 0.7 | 1.0 | 1.1 | 22.4% |
| Czech Republic | 0.2 | 1.0 | 1.2 | 1.0 | 71.0% |
| Belgium | N/A | 0.2 | 0.3 | 0.3 | 22.5% |
| Others | 4.6 | 2.1 | 2.5 | 2.8 | -15.3% |
| Total | 21.3 | 18.2 | 19.8 | 17.8 | -5.8% |
Top Suppliers of Electrical Fuses for Under 1000 V to Austria in 2022:
- Germany (109.6M units)
- France (58.1M units)
- Slovenia (51.7M units)
- Italy (24.0M units)
- Czech Republic (13.5M units)
- Belgium (13.3M units)
- Thailand (6.6M units)
Exports of Electrical Fuses for Under 1000 V in Austria
In 2022, overseas shipments of electrical fuses for under 1000 v decreased by -10.9% to 88M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of 98M units, and then reduced in the following year.
In value terms, exports of electrical fuses for under 1000 v reached $7.7M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Electrical Fuses for Under 1000 V in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 790 | 771 | 1,099 | 984 | 7.6% |
| Czech Republic | 866 | 1,074 | 1,408 | 977 | 4.1% |
| Hungary | 663 | 731 | 649 | 920 | 11.5% |
| Poland | 170 | 284 | 426 | 887 | 73.4% |
| Romania | 280 | 293 | 427 | 429 | 15.3% |
| Slovakia | 181 | 180 | 325 | 407 | 31.0% |
| Croatia | 94.7 | 82.6 | 115 | 331 | 51.8% |
| Iran | 60.3 | 168 | 185 | 289 | 68.6% |
| United Kingdom | 46.7 | 104 | 280 | 257 | 76.6% |
| Slovenia | 162 | 144 | 201 | 212 | 9.4% |
| Serbia | 145 | 118 | 152 | 180 | 7.5% |
| Switzerland | 86.7 | 82.3 | 127 | 168 | 24.7% |
| Bosnia and Herzegovina | 241 | 209 | 110 | 135 | -17.6% |
| Others | 1,396 | 1,045 | 1,593 | 1,508 | 2.6% |
| Total | 5,183 | 5,285 | 7,097 | 7,684 | 14.0% |
Top Export Markets for Electrical Fuses for Under 1000 V from Austria in 2022:
- Croatia (20.8M units)
- Hungary (15.1M units)
- Poland (9.3M units)
- Czech Republic (6.8M units)
- Germany (5.0M units)
- Slovakia (3.6M units)
- Slovenia (3.2M units)
- Romania (2.9M units)
- Bosnia and Herzegovina (2.8M units)
- United Kingdom (2.6M units)
- Iran (1.8M units)
- Serbia (1.8M units)
- Switzerland (1.6M units)
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