Price for Electrical Fuses for Under 1000 V in Ecuador - 2022
Contents:
- Price for Electrical Fuses for Under 1000 V in Ecuador (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Ecuador (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Ecuador
- Exports of Electrical Fuses for Under 1000 V in Ecuador
Price for Electrical Fuses for Under 1000 V in Ecuador (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $24 per thousand units in 2022, therefore, remained relatively stable against the previous year. In general, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35% against the previous year. The import price peaked at $32 per thousand units in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($67 per thousand units), while the price for Colombia ($9.8 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Ecuador (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $0.1 per unit in 2022, jumping by 26% against the previous year. Overall, the export price posted a mild expansion. The growth pace was the most rapid in 2019 an increase of 54%. The export price peaked at $0.1 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($0.1 per unit), while the average price for exports to Cuba (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 Brazil (+203.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Ecuador
In 2022, the amount of electrical fuses for under 1000 v imported into Ecuador surged to 85M units, picking up by 37% compared with 2021. In general, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.3% 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 +101.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v soared to $2M in 2022. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 99%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electrical Fuses for Under 1000 V in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 674 | 234 | 554 | 592 | -4.2% |
| United States | 250 | 207 | 315 | 470 | 23.4% |
| Dominican Republic | N/A | N/A | 167 | 277 | 65.9% |
| Brazil | 24.8 | 17.4 | 31.1 | 173 | 91.1% |
| Germany | 59.4 | 34.3 | 41.6 | 78.8 | 9.9% |
| Taiwan (Chinese) | 69.8 | 30.5 | 27.7 | 74.1 | 2.0% |
| Mexico | 43.9 | 38.5 | 45.6 | 59.4 | 10.6% |
| South Korea | 30.8 | 26.1 | 98.9 | 51.3 | 18.5% |
| Japan | 25.0 | 48.5 | 34.3 | 35.8 | 12.7% |
| Colombia | 23.0 | 20.6 | 24.8 | 30.4 | 9.7% |
| Others | 140 | 102 | 167 | 189 | 10.5% |
| Total | 1,340 | 758 | 1,508 | 2,033 | 14.9% |
Top Suppliers of Electrical Fuses for Under 1000 V to Ecuador in 2022:
- China (53.0M units)
- United States (9.1M units)
- Dominican Republic (5.3M units)
- Colombia (3.1M units)
- Brazil (2.6M units)
- Taiwan (Chinese) (2.0M units)
- Japan (1.7M units)
- Mexico (1.6M units)
- Germany (1.4M units)
- South Korea (1.1M units)
Exports of Electrical Fuses for Under 1000 V in Ecuador
Exports of electrical fuses for under 1000 v from Ecuador contracted notably to 72K units in 2022, reducing by -70.3% against the previous year. Overall, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of 241K units, and then dropped rapidly in the following year.
In value terms, exports of electrical fuses for under 1000 v declined sharply to $5.8K in 2022. In general, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 34%. Over the period under review, the exports of reached the peak figure at $16K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Fuses for Under 1000 V in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.6 | 4.7 | 6.1 | 3.3 | 76.5% |
| Colombia | 3.4 | 4.5 | 4.7 | 2.0 | -16.2% |
| Panama | N/A | 0.6 | N/A | 0.2 | -42.3% |
| Honduras | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Peru | 11.6 | 0.2 | 0.5 | 0.1 | -79.5% |
| Argentina | 0.1 | N/A | N/A | N/A | 0% |
| Guatemala | N/A | 0.8 | 1.8 | N/A | 125.0% |
| Cuba | N/A | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.6 | 2.0 | N/A | 100.0% |
| Total | 16.3 | 11.4 | 15.3 | 5.8 | -29.1% |
Top Export Markets for Electrical Fuses for Under 1000 V from Ecuador in 2022:
- United States (44.7K units)
- Colombia (15.0K units)
- Panama (6.1K units)
- Cuba (1.8K units)
- Honduras (1.2K units)
- Peru (0.8K units)
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