Price for Electrical Fuses for Under 1000 V in Germany - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Germany (CIF) - 2024
- Price for Electrical Fuses for Under 1000 V in Germany (FOB) - 2024
- Imports of Electrical Fuses for Under 1000 V in Germany
- Exports of Electrical Fuses for Under 1000 V in Germany
Price for Electrical Fuses for Under 1000 V in Germany (CIF) - 2024
In February 2024, the average import price for electrical fuses for under 1000 v amounted to $123 per thousand units, rising by 65% against the previous month. Overall, import price indicated a tangible increase from February 2023 to February 2024: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for electrical fuses for under 1000 v increased by +80.5% against October 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Switzerland ($397 per thousand units), while the price for India ($30.0 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 Thailand (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Germany (FOB) - 2024
The average export price for electrical fuses for under 1000 v stood at $80.1 per thousand units in February 2024, reducing by -21.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 26% month-to-month. As a result, the export price reached the peak level of $0.1 per unit. From January 2024 to February 2024, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was the United States ($196 per thousand units), while the average price for exports to the United Arab Emirates ($10.0 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Germany
In 2022, the amount of electrical fuses for under 1000 v imported into Germany rose markedly to 2.6B units, increasing by 11% against 2021 figures. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of electrical fuses for under 1000 v soared to $204M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Electrical Fuses for Under 1000 V in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.4 | 25.4 | 35.3 | 43.2 | 89.0% |
| France | 9.4 | 14.7 | 26.6 | 29.8 | 46.9% |
| Czech Republic | 3.7 | 13.9 | 19.6 | 21.4 | 79.5% |
| Mexico | 5.9 | 0.9 | 6.4 | 17.3 | 43.1% |
| China | 9.8 | 6.4 | 13.6 | 16.0 | 17.8% |
| Italy | 10.9 | 12.8 | 16.3 | 13.6 | 7.7% |
| Hungary | 7.9 | 4.6 | 11.1 | 12.2 | 15.6% |
| Slovenia | 6.5 | 5.9 | 6.0 | 6.2 | -1.6% |
| India | 3.0 | 0.3 | 5.6 | 5.4 | 21.6% |
| Poland | 1.9 | 2.0 | 3.0 | 3.2 | 19.0% |
| Belgium | 0.8 | 1.3 | 1.9 | 1.8 | 31.0% |
| United Kingdom | 10.7 | 19.9 | 2.6 | 1.3 | -50.5% |
| Greece | 7.8 | N/A | 0.1 | N/A | -88.7% |
| Others | 41.4 | 18.2 | 25.2 | 32.4 | -7.8% |
| Total | 126 | 126 | 173 | 204 | 17.4% |
Top Suppliers of Electrical Fuses for Under 1000 V to Germany in 2022:
- France (478.6M units)
- Czech Republic (365.8M units)
- Netherlands (327.3M units)
- Slovenia (293.5M units)
- Hungary (218.8M units)
- Italy (159.4M units)
- India (143.0M units)
- Mexico (135.7M units)
- China (118.3M units)
- Poland (67.2M units)
- Belgium (53.4M units)
- United Kingdom (8.2M units)
- Greece (1.9M units)
Exports of Electrical Fuses for Under 1000 V in Germany
In 2022, exports of electrical fuses for under 1000 v from Germany fell to 2.2B units, with a decrease of -5.9% compared with the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, the exports attained the peak of 2.3B units, and then fell in the following year.
In value terms, exports of electrical fuses for under 1000 v fell to $178M in 2022. The total export value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $189M, and then declined in the following year.
| Export of Electrical Fuses for Under 1000 V in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 23.1 | 20.9 | 26.8 | 20.5 | -3.9% |
| China | 10.1 | 12.8 | 14.9 | 15.1 | 14.3% |
| Poland | 15.2 | 14.1 | 16.6 | 14.6 | -1.3% |
| Italy | 6.4 | 7.1 | 9.0 | 13.6 | 28.6% |
| Netherlands | 5.7 | 6.0 | 8.1 | 8.5 | 14.2% |
| Hungary | 5.1 | 5.0 | 8.8 | 8.0 | 16.2% |
| United States | 11.2 | 8.6 | 10.3 | 7.7 | -11.7% |
| Czech Republic | 6.2 | 6.1 | 8.2 | 7.2 | 5.1% |
| Austria | 4.6 | 4.4 | 6.2 | 6.4 | 11.6% |
| Spain | 4.4 | 3.7 | 5.6 | 5.9 | 10.3% |
| Mexico | 4.3 | 4.5 | 5.6 | 4.7 | 3.0% |
| Sweden | 2.5 | 2.7 | 3.1 | 3.1 | 7.4% |
| Israel | 1.5 | 1.0 | 1.0 | 2.3 | 15.3% |
| Others | 52.5 | 54.4 | 65.0 | 60.7 | 5.0% |
| Total | 153 | 151 | 189 | 178 | 5.2% |
Top Export Markets for Electrical Fuses for Under 1000 V from Germany in 2022:
- Poland (337.7M units)
- Romania (258.5M units)
- China (145.0M units)
- Netherlands (143.4M units)
- Italy (142.5M units)
- Spain (103.1M units)
- Austria (95.3M units)
- Czech Republic (91.8M units)
- Sweden (65.7M units)
- Mexico (61.6M units)
- Israel (59.4M units)
- United States (59.2M units)
- Hungary (43.2M units)
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