Price for Electrical Fuses for Under 1000 V in Estonia - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Estonia (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Estonia (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Estonia
- Exports of Electrical Fuses for Under 1000 V in Estonia
Price for Electrical Fuses for Under 1000 V in Estonia (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $56 per thousand units in 2022, picking up by 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. Over the period under review, average import prices reached the peak figure at $58 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 UK ($254 per thousand units), while the price for Latvia ($21 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Estonia (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $41 per thousand units in 2022, picking up by 6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2018 when the average export price increased by 8.3% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
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 France ($134 per thousand units), while the average price for exports to Poland ($25 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 France (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Fuses for Under 1000 V in Estonia
In 2022, after three years of growth, there was significant decline in overseas purchases of electrical fuses for under 1000 v, when their volume decreased by -20.1% to 57M units. Over the period under review, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Imports peaked at 72M units in 2021, and then fell remarkably in the following year.
In value terms, imports of electrical fuses for under 1000 v dropped to $3.2M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 15%. Over the period under review, imports of attained the peak figure at $3.6M in 2021, and then shrank in the following year.
| Import of Electrical Fuses for Under 1000 V in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,305 | 1,646 | 1,861 | 1,210 | -2.5% |
| Netherlands | 4.9 | 168 | 252 | 510 | 370.4% |
| Germany | 332 | 312 | 347 | 376 | 4.2% |
| Sweden | 55.7 | 373 | 349 | 295 | 74.3% |
| Belgium | 2.8 | 24.2 | 92.1 | 168 | 291.5% |
| Latvia | 12.1 | 98.5 | 124 | 132 | 121.8% |
| China | 232 | 43.3 | 157 | 105 | -23.2% |
| India | 11.5 | N/A | 59.6 | 43.4 | 55.7% |
| Poland | 62.0 | 49.0 | 61.4 | 42.3 | -12.0% |
| Czech Republic | 18.7 | 13.7 | 91.6 | 24.1 | 8.8% |
| United Kingdom | 47.5 | 453 | 14.6 | 11.6 | -37.5% |
| Hungary | 191 | 0.1 | 0.3 | 0.3 | -88.4% |
| Others | 663 | 192 | 226 | 266 | -26.2% |
| Total | 2,938 | 3,374 | 3,635 | 3,182 | 2.7% |
Top Suppliers of Electrical Fuses for Under 1000 V to Estonia in 2022:
- Finland (32.8M units)
- Latvia (6.4M units)
- Netherlands (5.2M units)
- Sweden (4.0M units)
- Germany (2.5M units)
- India (1.1M units)
- Poland (0.9M units)
- Belgium (0.9M units)
- China (0.9M units)
- Czech Republic (0.7M units)
Exports of Electrical Fuses for Under 1000 V in Estonia
In 2022, after two years of decline, there was significant growth in overseas shipments of electrical fuses for under 1000 v, when their volume increased by 21% to 52M units. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at 53M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v surged to $2.1M in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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 Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 986 | 1,026 | 866 | 896 | -3.1% |
| Sweden | 502 | 521 | 564 | 715 | 12.5% |
| France | N/A | 0.2 | 1.5 | 291 | 3714.4% |
| Poland | 41.5 | 45.4 | 56.1 | 58.7 | 12.3% |
| Others | 310 | 191 | 180 | 187 | -15.5% |
| Total | 1,839 | 1,784 | 1,667 | 2,148 | 5.3% |
Top Export Markets for Electrical Fuses for Under 1000 V from Estonia in 2022:
- Sweden (24.3M units)
- Finland (21.7M units)
- Poland (2.4M units)
- France (2.2M units)
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