Price for Electrical Fuses for Under 1000 V in Canada - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Canada (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Canada (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Canada
- Exports of Electrical Fuses for Under 1000 V in Canada
Price for Electrical Fuses for Under 1000 V in Canada (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $96 per thousand units in 2022, surging by 5.5% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical fuses for under 1000 v increased by +56.4% against 2014 indices. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($96 per thousand units) and Mexico ($96 per thousand units), while the price for Germany ($96 per thousand units) and Japan ($96 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Canada (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $79 per thousand units in 2022, which is down by -13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 17% against the previous year. As a result, the export price attained the peak level of $91 per thousand units, and then reduced in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($79 per thousand units) and the United States ($79 per thousand units), while the average price for exports to Singapore ($79 per thousand units) and France ($79 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Canada
Imports of electrical fuses for under 1000 v into Canada soared to 449M units in 2022, with an increase of 18% compared with the previous year. Over the period under review, imports showed a relatively flat trend pattern. 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 soared to $43M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for Under 1000 V in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 18.5 | 17.0 | 19.4 | 24.2 | 9.4% |
| United States | 5.8 | 5.1 | 5.0 | 6.4 | 3.3% |
| China | 2.2 | 2.1 | 3.2 | 4.0 | 22.1% |
| Taiwan (Chinese) | 0.9 | 1.0 | 1.5 | 2.3 | 36.7% |
| Philippines | 0.8 | 0.6 | 0.9 | 1.0 | 7.7% |
| Germany | 0.6 | 0.4 | 0.8 | 0.9 | 14.5% |
| Japan | 1.0 | 0.9 | 0.7 | 0.7 | -11.2% |
| Others | 2.1 | 3.1 | 3.3 | 3.6 | 19.7% |
| Total | 32.1 | 30.3 | 34.9 | 43.3 | 10.5% |
Top Suppliers of Electrical Fuses for Under 1000 V to Canada in 2022:
- Mexico (250.5M units)
- United States (66.6M units)
- China (41.8M units)
- Taiwan (Chinese) (24.3M units)
- Philippines (10.8M units)
- Germany (9.6M units)
- Japan (7.6M units)
Exports of Electrical Fuses for Under 1000 V in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of electrical fuses for under 1000 v, when their volume decreased by -18.5% to 38M units. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. Over the period under review, the exports of attained the maximum at 47M units in 2021, and then declined markedly in the following year.
In value terms, exports of electrical fuses for under 1000 v fell remarkably to $3M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 36%. As a result, the exports reached the peak of $4.3M, and then dropped significantly in the following year.
| Export of Electrical Fuses for Under 1000 V in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,623 | 2,050 | 3,171 | 2,193 | 10.6% |
| China | 43.3 | 163 | 78.7 | 114 | 38.1% |
| Hong Kong SAR | 93.8 | 41.5 | 22.4 | 83.7 | -3.7% |
| Germany | 49.8 | 69.2 | 213 | 63.7 | 8.6% |
| France | 12.0 | 10.9 | 5.4 | 51.4 | 62.4% |
| Italy | 6.5 | 29.9 | 70.3 | 50.9 | 98.6% |
| United Kingdom | 200 | 110 | 128 | 45.6 | -38.9% |
| South Korea | 94.2 | 229 | 107 | 43.1 | -22.9% |
| Mexico | 65.1 | 64.0 | 110 | 36.2 | -17.8% |
| Others | 352 | 390 | 388 | 362 | 0.9% |
| Total | 2,540 | 3,157 | 4,293 | 3,044 | 6.2% |
Top Export Markets for Electrical Fuses for Under 1000 V from Canada in 2022:
- United States (27.7M units)
- China (1.4M units)
- Hong Kong SAR (1.1M units)
- Germany (0.8M units)
- Italy (0.6M units)
- France (0.6M units)
- United Kingdom (0.6M units)
- Mexico (0.5M units)
- South Korea (0.5M units)
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