Price for Electrical Fuses for Under 1000 V in Bulgaria - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Bulgaria (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Bulgaria (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Bulgaria
- Exports of Electrical Fuses for Under 1000 V in Bulgaria
Price for Electrical Fuses for Under 1000 V in Bulgaria (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $22 per thousand units in 2022, declining by -24.4% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 78% against the previous year. As a result, import price attained the peak level of $37 per thousand units. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($56 per thousand units), while the price for Turkey ($8.5 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Fuses for Under 1000 V in Bulgaria (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $19 per thousand units in 2022, with a decrease of -12.3% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical fuses for under 1000 v increased by +85.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 45%. As a result, the export price reached the peak level of $22 per thousand units, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($46 per thousand units), while the average price for exports to Romania ($7.2 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 Iran (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Fuses for Under 1000 V in Bulgaria
In 2022, the amount of electrical fuses for under 1000 v imported into Bulgaria soared to 305M units, surging by 79% compared with the year before. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v surged to $6.6M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Electrical Fuses for Under 1000 V in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 392 | 309 | 283 | 1,323 | 50.0% |
| Germany | 855 | 911 | 1,362 | 1,063 | 7.5% |
| Italy | 483 | 445 | 637 | 845 | 20.5% |
| Turkey | 56.1 | 167 | 697 | 790 | 141.5% |
| China | 431 | 559 | 302 | 522 | 6.6% |
| Slovenia | 325 | 203 | 267 | 401 | 7.3% |
| Czech Republic | 56.6 | 107 | 72.8 | 101 | 21.3% |
| Others | 737 | 748 | 1,283 | 1,588 | 29.2% |
| Total | 3,336 | 3,450 | 4,904 | 6,633 | 25.7% |
Top Suppliers of Electrical Fuses for Under 1000 V to Bulgaria in 2022:
- Turkey (93.5M units)
- Italy (56.8M units)
- Hungary (44.6M units)
- China (39.3M units)
- Slovenia (22.0M units)
- Germany (19.4M units)
- Czech Republic (8.0M units)
Exports of Electrical Fuses for Under 1000 V in Bulgaria
After three years of growth, shipments abroad of electrical fuses for under 1000 v decreased by -6.7% to 155M units in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36%. As a result, the exports attained the peak of 166M units, and then fell in the following year.
In value terms, exports of electrical fuses for under 1000 v shrank sharply to $3M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. As a result, the exports reached the peak of $3.6M, and then shrank dramatically in the following year.
| Export of Electrical Fuses for Under 1000 V in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 52.3 | 169 | 245 | 792 | 147.4% |
| Saudi Arabia | 7.4 | 8.5 | 469 | 680 | 351.3% |
| Italy | 785 | 1,000 | 1,057 | 404 | -19.9% |
| Romania | 171 | 195 | 262 | 211 | 7.3% |
| Israel | 63.5 | 4.1 | 5.3 | 144 | 31.4% |
| Portugal | 1.4 | 11.1 | 19.5 | 115 | 334.7% |
| Greece | 75.4 | 119 | 83.1 | 96.0 | 8.4% |
| Latvia | 24.8 | 74.7 | 31.2 | 89.3 | 53.3% |
| Iran | 49.2 | 101 | 124 | 77.0 | 16.1% |
| Others | 238 | 178 | 1,346 | 372 | 16.1% |
| Total | 1,467 | 1,859 | 3,642 | 2,980 | 26.6% |
Top Export Markets for Electrical Fuses for Under 1000 V from Bulgaria in 2022:
- Italy (41.9M units)
- Romania (29.5M units)
- Saudi Arabia (18.8M units)
- Turkey (17.2M units)
- Portugal (12.4M units)
- Greece (7.9M units)
- Latvia (7.4M units)
- Israel (6.0M units)
- Iran (2.1M units)
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