Price for Electrical Fuses for Under 1000 V in Egypt - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Egypt (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Egypt (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Egypt
- Exports of Electrical Fuses for Under 1000 V in Egypt
Price for Electrical Fuses for Under 1000 V in Egypt (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $96 per thousand units, picking up by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($96 per thousand units) and Thailand ($96 per thousand units), while the price for South Korea ($96 per thousand units) and France ($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 India (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Egypt (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $79 per thousand units in 2022, with a decrease of -4.7% against the previous year. In general, the export price, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 181%. The export price peaked at $83 per thousand units in 2021, and then declined slightly in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($79 per thousand units), while the average price for exports to the UK ($79 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 Jordan (+53.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Egypt
For the third consecutive year, Egypt recorded decline in purchases abroad of electrical fuses for under 1000 v, which decreased by -37.6% to 48M units in 2022. Overall, imports recorded a sharp downturn. The smallest decline of -14.2% was in 2020. Imports peaked at 120M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of electrical fuses for under 1000 v contracted rapidly to $4.6M in 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1.2% against the previous year. As a result, imports attained the peak of $8.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Electrical Fuses for Under 1000 V in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,635 | 1,792 | 1,636 | 1,635 | 0.0% |
| Thailand | 1,292 | 1,172 | 1,047 | 878 | -12.1% |
| Turkey | 250 | 277 | 173 | 664 | 38.5% |
| Italy | 1,558 | 1,163 | 735 | 295 | -42.6% |
| Germany | 561 | 503 | 1,107 | 235 | -25.2% |
| Spain | 450 | 737 | 306 | 87.0 | -42.2% |
| Japan | 768 | 90.6 | 196 | 78.5 | -53.2% |
| France | 333 | 674 | 97.4 | 60.9 | -43.2% |
| United States | 474 | 832 | 106 | 50.9 | -52.5% |
| India | 91.9 | 576 | 41.7 | 48.1 | -19.4% |
| United Kingdom | 152 | 232 | 133 | 26.8 | -43.9% |
| Others | 1,087 | 709 | 1,093 | 523 | -21.6% |
| Total | 8,653 | 8,758 | 6,670 | 4,582 | -19.1% |
Top Suppliers of Electrical Fuses for Under 1000 V to Egypt in 2022:
- China (17.0M units)
- Thailand (9.1M units)
- Turkey (6.9M units)
- Italy (3.1M units)
- Germany (2.4M units)
- Spain (0.9M units)
- Japan (0.8M units)
- France (0.6M units)
- United States (0.5M units)
- India (0.5M units)
- United Kingdom (0.3M units)
Exports of Electrical Fuses for Under 1000 V in Egypt
In 2022, exports of electrical fuses for under 1000 v from Egypt soared to 3.8M units, growing by 1,122% compared with the previous year's figure. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,124,692%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for under 1000 v surged to $304K in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,085,420%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Electrical Fuses for Under 1000 V in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 199 | 0% |
| Saudi Arabia | N/A | N/A | N/A | 92.3 | 0% |
| France | N/A | N/A | N/A | 10.2 | 0% |
| Russia | N/A | 20.7 | N/A | N/A | 0% |
| Germany | N/A | 23.8 | 19.7 | N/A | -17.2% |
| United Arab Emirates | N/A | 56.7 | N/A | N/A | 0% |
| Others | N/A | 7.3 | 6.3 | 2.4 | -42.7% |
| Total | N/A | 109 | 26.1 | 304 | 67.0% |
Top Export Markets for Electrical Fuses for Under 1000 V from Egypt in 2022:
- United Kingdom (2511.3K units)
- Saudi Arabia (1165.5K units)
- France (128.4K units)
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