Price for Electrical Fuses for Under 1000 V in Croatia - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Croatia (CIF) - 2024
- Price for Electrical Fuses for Under 1000 V in Croatia (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Croatia
- Exports of Electrical Fuses for Under 1000 V in Croatia
Price for Electrical Fuses for Under 1000 V in Croatia (CIF) - 2024
The average import price for electrical fuses for under 1000 v stood at $39.8 per thousand units in February 2024, dropping by -31.1% against the previous month. Over the period under review, the import price saw a pronounced decline. The growth pace was the most rapid in December 2023 an increase of 35% month-to-month. As a result, import price attained the peak level of $86.9 per thousand units. From January 2024 to February 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Serbia ($44.0 per thousand units), while the price for Turkey ($18.0 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 Turkey (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Croatia (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $48 per thousand units in 2022, waning by -7.2% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 82%. As a result, the export price reached the peak level of $52 per thousand units, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($100 per thousand units), while the average price for exports to Poland ($16 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 Italy (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Croatia
In 2022, the amount of electrical fuses for under 1000 v imported into Croatia skyrocketed to 76M units, increasing by 30% compared with 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v reached $2.9M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Electrical Fuses for Under 1000 V in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 475 | 567 | 690 | 976 | 27.1% |
| Germany | 200 | 222 | 508 | 583 | 42.8% |
| Italy | 409 | 326 | 369 | 364 | -3.8% |
| Czech Republic | 123 | 156 | 175 | 224 | 22.1% |
| Hungary | 115 | 142 | 231 | 211 | 22.4% |
| Austria | 96.0 | 81.6 | 190 | 142 | 13.9% |
| Poland | 39.3 | 42.5 | 70.8 | 69.2 | 20.8% |
| China | 12.5 | 31.8 | 64.6 | 65.8 | 74.0% |
| Others | 212 | 211 | 213 | 237 | 3.8% |
| Total | 1,683 | 1,779 | 2,511 | 2,872 | 19.5% |
Top Suppliers of Electrical Fuses for Under 1000 V to Croatia in 2022:
- Slovenia (45.3M units)
- Hungary (7.5M units)
- Italy (4.6M units)
- Czech Republic (4.6M units)
- Austria (3.4M units)
- Germany (2.9M units)
- China (2.6M units)
- Poland (1.2M units)
Exports of Electrical Fuses for Under 1000 V in Croatia
In 2022, the amount of electrical fuses for under 1000 v exported from Croatia fell notably to 11M units, declining by -19.5% against 2021. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 7.8% against the previous year. Over the period under review, the exports of attained the peak figure at 19M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical fuses for under 1000 v reduced sharply to $539K in 2022. Overall, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 97%. As a result, the exports reached the peak of $721K, and then reduced rapidly in the following year.
| Export of Electrical Fuses for Under 1000 V in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 185 | 110 | 298 | 286 | 15.6% |
| Slovenia | 8.9 | 19.8 | 34.4 | 80.9 | 108.7% |
| United States | 4.6 | 6.0 | 0.7 | 30.6 | 88.1% |
| Spain | 101 | 97.5 | 133 | 27.5 | -35.2% |
| Poland | 42.6 | 42.3 | 36.7 | 27.3 | -13.8% |
| Germany | 92.8 | 10.8 | 117 | 12.6 | -48.6% |
| Italy | 75.5 | 28.7 | 7.4 | 11.8 | -46.1% |
| North Macedonia | 11.8 | 15.9 | 17.5 | 11.3 | -1.4% |
| Kosovo | N/A | 4.7 | 7.8 | 6.5 | 17.6% |
| Montenegro | 14.1 | 7.8 | 8.5 | 5.6 | -26.5% |
| Serbia | 11.5 | 5.7 | 5.0 | 4.5 | -26.9% |
| Others | 35.7 | 17.4 | 55.8 | 34.3 | -1.3% |
| Total | 584 | 367 | 721 | 539 | -2.6% |
Top Export Markets for Electrical Fuses for Under 1000 V from Croatia in 2022:
- Bosnia and Herzegovina (3055.0K units)
- Slovenia (2908.7K units)
- Poland (1741.8K units)
- Spain (1467.1K units)
- North Macedonia (449.7K units)
- Kosovo (341.3K units)
- United States (337.0K units)
- Montenegro (137.6K units)
- Germany (126.8K units)
- Italy (119.7K units)
- Serbia (88.8K units)
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