Price for Electrical Fuses for Under 1000 V in Chile - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Chile (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Chile (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Chile
- Exports of Electrical Fuses for Under 1000 V in Chile
Price for Electrical Fuses for Under 1000 V in Chile (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $21 per thousand units in 2022, with a decrease of -18.4% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 when the average import price increased by 31%. Over the period under review, average import prices attained the peak figure at $57 per thousand units in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($141 per thousand units), while the price for China ($9.3 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Chile (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $0.1 per unit, increasing by 93% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +93.2% against 2019 indices. The export price peaked at $0.1 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($0.4 per unit), while the average price for exports to the Netherlands (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Chile
In 2022, the amount of electrical fuses for under 1000 v imported into Chile skyrocketed to 197M units, growing by 23% on the previous year's figure. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 115%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of electrical fuses for under 1000 v stood at $4.2M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +61.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 60%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electrical Fuses for Under 1000 V in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 526 | 559 | 1,188 | 1,293 | 35.0% |
| United States | 533 | 381 | 589 | 668 | 7.8% |
| Spain | 329 | 329 | 453 | 351 | 2.2% |
| Germany | 378 | 160 | 202 | 319 | -5.5% |
| Argentina | 81.3 | 7.3 | 232 | 184 | 31.3% |
| Italy | 170 | 163 | 128 | 164 | -1.2% |
| Brazil | 142 | 190 | 176 | 141 | -0.2% |
| Others | 1,149 | 816 | 1,202 | 1,082 | -2.0% |
| Total | 3,308 | 2,606 | 4,169 | 4,202 | 8.3% |
Top Suppliers of Electrical Fuses for Under 1000 V to Chile in 2022:
- China (139.3M units)
- Argentina (11.4M units)
- Spain (9.3M units)
- Italy (7.4M units)
- Brazil (6.2M units)
- Germany (4.9M units)
- United States (4.7M units)
Exports of Electrical Fuses for Under 1000 V in Chile
In 2022, exports of electrical fuses for under 1000 v from Chile rose remarkably to 779K units, increasing by 5.1% against the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 53%. As a result, the exports attained the peak of 804K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v skyrocketed to $89K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Fuses for Under 1000 V in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.0 | 19.3 | 6.2 | 52.1 | 86.7% |
| Paraguay | 3.8 | 6.9 | 5.8 | 10.7 | 41.2% |
| Peru | 5.9 | 2.4 | 10.7 | 10.0 | 19.2% |
| Canada | N/A | N/A | N/A | 5.3 | 0% |
| Bolivia | 4.8 | 7.9 | 0.7 | 2.9 | -15.5% |
| France | N/A | N/A | N/A | 2.9 | 0% |
| Mexico | N/A | 14.8 | 9.3 | N/A | -37.2% |
| Others | 8.6 | 5.0 | 11.1 | 5.1 | -16.0% |
| Total | 31.1 | 56.3 | 43.8 | 88.9 | 41.9% |
Top Export Markets for Electrical Fuses for Under 1000 V from Chile in 2022:
- United States (252.1K units)
- Peru (229.4K units)
- Paraguay (127.6K units)
- France (75.0K units)
- Canada (69.9K units)
- Bolivia (6.8K units)
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