Price for Electrical Fuses for Under 1000 V in Brazil - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Brazil (CIF) - 2024
- Price for Electrical Fuses for Under 1000 V in Brazil (FOB) - 2024
- Imports of Electrical Fuses for Under 1000 V in Brazil
- Exports of Electrical Fuses for Under 1000 V in Brazil
Price for Electrical Fuses for Under 1000 V in Brazil (CIF) - 2024
The average import price for electrical fuses for under 1000 v stood at $52.9 per thousand units in March 2024, waning by -16.4% against the previous month. In general, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in June 2023 when the average import price increased by 17% month-to-month. Over the period under review, average import prices attained the maximum at $81.3 per thousand units in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($167 per thousand units), while the price for Morocco ($14.0 per thousand units) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Brazil (FOB) - 2024
The average export price for electrical fuses for under 1000 v stood at $141 per thousand units in March 2024, surging by 24% against the previous month. In general, export price indicated a modest increase from March 2023 to March 2024: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for electrical fuses for under 1000 v decreased by -24.8% against January 2024 indices. The pace of growth appeared the most rapid in January 2024 an increase of 69% against the previous month. As a result, the export price attained the peak level of $0.2 per unit. From February 2024 to March 2024, the the average 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 ($160 per thousand units), while the average price for exports to Chile ($26.0 per thousand units) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Fuses for Under 1000 V in Brazil
In 2022, after three years of growth, there was decline in purchases abroad of electrical fuses for under 1000 v, when their volume decreased by -2.3% to 345M units. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 12%. As a result, imports reached the peak of 353M units, and then dropped modestly in the following year.
In value terms, imports of electrical fuses for under 1000 v shrank modestly to $24M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of $25M, and then shrank modestly in the following year.
| Import of Electrical Fuses for Under 1000 V in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 4.9 | 5.7 | 6.5 | 13.0% |
| Mexico | 6.2 | 5.4 | 6.6 | 4.1 | -12.9% |
| Hungary | 0.3 | 0.3 | 0.8 | 2.4 | 100.0% |
| Italy | 0.8 | 0.9 | 2.1 | 2.0 | 35.7% |
| United States | 1.6 | 2.2 | 1.9 | 1.6 | 0.0% |
| Greece | 0.7 | 0.5 | 0.9 | 1.0 | 12.6% |
| Japan | 0.7 | 0.5 | 0.7 | 1.0 | 12.6% |
| Germany | 0.6 | 0.8 | 0.7 | 0.9 | 14.5% |
| South Korea | 2.3 | 1.3 | 1.4 | 0.9 | -26.9% |
| Spain | 0.4 | 0.7 | 0.8 | 0.4 | 0.0% |
| India | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Others | 2.3 | 2.2 | 3.2 | 3.0 | 9.3% |
| Total | 20.7 | 19.9 | 25.1 | 24.0 | 5.1% |
Top Suppliers of Electrical Fuses for Under 1000 V to Brazil in 2022:
- China (149.4M units)
- Mexico (56.1M units)
- Italy (25.0M units)
- Greece (19.7M units)
- Hungary (16.3M units)
- South Korea (11.9M units)
- Japan (10.8M units)
- United States (8.7M units)
- Germany (6.3M units)
- Spain (5.7M units)
- India (5.1M units)
Exports of Electrical Fuses for Under 1000 V in Brazil
In 2022, the amount of electrical fuses for under 1000 v exported from Brazil skyrocketed to 158M units, growing by 182% compared with the previous year. Over the period under review, exports saw 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 $18M in 2022. In general, exports continue to indicate 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 Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 790 | 385 | 2,494 | 15,959 | 172.3% |
| Argentina | 360 | 324 | 491 | 477 | 9.8% |
| Chile | 149 | 165 | 144 | 177 | 5.9% |
| Paraguay | 81.8 | 73.9 | 97.8 | 156 | 24.0% |
| South Africa | 62.5 | 67.2 | 61.7 | 138 | 30.2% |
| Mexico | 61.5 | 48.3 | 63.0 | 121 | 25.3% |
| Peru | 110 | 63.0 | 80.1 | 110 | 0.0% |
| Singapore | 316 | 74.4 | 11.3 | 7.9 | -70.8% |
| India | 638 | 142 | 111 | 1.3 | -87.3% |
| Others | 285 | 212 | 309 | 422 | 14.0% |
| Total | 2,856 | 1,554 | 3,863 | 17,570 | 83.2% |
Top Export Markets for Electrical Fuses for Under 1000 V from Brazil in 2022:
- United States (114.4M units)
- Argentina (13.9M units)
- Chile (9.2M units)
- Paraguay (5.0M units)
- South Africa (3.0M units)
- Mexico (2.3M units)
- Peru (1.2M units)
- Singapore (0.1M units)
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