Price for Electrical Fuses for Under 1000 V in Ethiopia - 2022
Contents:
- Price for Electrical Fuses for Under 1000 V in Ethiopia (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Ethiopia (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Ethiopia
- Exports of Electrical Fuses for Under 1000 V in Ethiopia
Price for Electrical Fuses for Under 1000 V in Ethiopia (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $10 per thousand units, dropping by -6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 63% against the previous year. As a result, import price reached the peak level of $20 per thousand units. From 2018 to 2022, the average 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 ($28 per thousand units), while the price for Japan ($2 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Ethiopia (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at less than $0.1 per unit in 2022, reducing by -2.9% against the previous year. In general, the export price recorded a slight descent. The growth pace was the most rapid in 2020 when the average export price increased by 404%. As a result, the export price attained the peak level of $0.1 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($0.3 per unit), while the average price for exports to Germany (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 Kenya (+47.0%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Fuses for Under 1000 V in Ethiopia
After three years of growth, supplies from abroad of electrical fuses for under 1000 v decreased by -13% to 74M units in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 126% against the previous year. Over the period under review, imports of reached the peak figure at 85M units in 2021, and then fell in the following year.
In value terms, imports of electrical fuses for under 1000 v dropped sharply to $760K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 76% against the previous year. Imports peaked at $929K in 2021, and then shrank notably in the following year.
| Import of Electrical Fuses for Under 1000 V in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 103 | 287 | 684 | 606 | 80.5% |
| Italy | 22.1 | 89.5 | 19.3 | 23.8 | 2.5% |
| India | 37.3 | 33.5 | 60.2 | 22.8 | -15.1% |
| Japan | 5.1 | 7.1 | 6.1 | 4.8 | -2.0% |
| Others | 153 | 146 | 159 | 102 | -12.6% |
| Total | 320 | 564 | 929 | 760 | 33.4% |
Top Suppliers of Electrical Fuses for Under 1000 V to Ethiopia in 2022:
- China (64.8M units)
- India (3.0M units)
- Japan (2.4M units)
- Italy (0.8M units)
Exports of Electrical Fuses for Under 1000 V in Ethiopia
In 2022, approx. 173K units of electrical fuses for under 1000 v were exported from Ethiopia; jumping by 2,304% against the year before. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for under 1000 v surged to $3.9K in 2022. In general, exports posted a significant increase. 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 Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 78.0 | 8.0 | 38.0 | 1,248 | 152.0% |
| Angola | 63.0 | N/A | N/A | 1,244 | 170.3% |
| Germany | 75.0 | 7.0 | 16.0 | 357 | 68.2% |
| Others | 83.0 | 222 | 114 | 1,072 | 134.6% |
| Total | 299 | 237 | 168 | 3,921 | 135.8% |
Top Export Markets for Electrical Fuses for Under 1000 V from Ethiopia in 2022:
- Cote d'Ivoire (95.5K units)
- Angola (40.2K units)
- Germany (33.6K units)
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