Price for Electrical Fuses for Under 1000 V in Greece - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Greece (FOB) - 2022
- Price for Electrical Fuses for Under 1000 V in Greece (CIF) - 2022
- Exports of Electrical Fuses for Under 1000 V in Greece
- Imports of Electrical Fuses for Under 1000 V in Greece
Price for Electrical Fuses for Under 1000 V in Greece (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $30 per thousand units, with an increase of 6.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2021 an increase of 48% 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 the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($124 per thousand units), while the average price for exports to China ($18 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 Germany (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Greece (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $31 per thousand units in 2022, waning by -3.5% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical fuses for under 1000 v increased by +72.5% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 38% against the previous year. The import price peaked at $32 per thousand units in 2021, and then dropped modestly in the following year.
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 Cyprus ($113 per thousand units), while the price for Turkey ($9.2 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Fuses for Under 1000 V in Greece
In 2022, approx. 561M units of electrical fuses for under 1000 v were exported from Greece; surging by 8.5% compared with 2021. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 25%. As a result, the exports reached the peak of 618M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electrical fuses for under 1000 v surged to $17M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
Export of Electrical Fuses for Under 1000 V in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 9.8 | 9.7 | 11.4 | 12.8 | 9.3% |
China | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
Brazil | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
Others | 1.0 | 1.7 | 2.6 | 3.4 | 50.4% |
Total | 11.2 | 11.7 | 14.5 | 16.8 | 14.5% |
Top Export Markets for Electrical Fuses for Under 1000 V from Greece in 2022:
- Czech Republic (481.0M units)
- China (20.6M units)
- Brazil (12.0M units)
Imports of Electrical Fuses for Under 1000 V in Greece
In 2022, the amount of electrical fuses for under 1000 v imported into Greece reduced to 142M units, waning by -6.5% compared with the previous year's figure. Overall, imports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 7.4%. Imports peaked at 160M 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 fell to $4.4M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +33.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of $4.9M, and then dropped in the following year.
Import of Electrical Fuses for Under 1000 V in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 681 | 1,107 | 1,249 | 1,106 | 17.5% |
China | 995 | 774 | 1,372 | 1,032 | 1.2% |
France | 275 | 296 | 427 | 532 | 24.6% |
Turkey | 252 | 195 | 281 | 332 | 9.6% |
Spain | 77.6 | 61.7 | 153 | 230 | 43.6% |
Slovenia | 327 | 275 | 298 | 229 | -11.2% |
Germany | 146 | 147 | 196 | 219 | 14.5% |
Poland | 61.2 | 125 | 131 | 68.4 | 3.8% |
Czech Republic | 48.2 | 41.2 | 233 | 50.1 | 1.3% |
Others | 452 | 509 | 557 | 621 | 11.2% |
Total | 3,316 | 3,530 | 4,896 | 4,419 | 10.0% |
Top Suppliers of Electrical Fuses for Under 1000 V to Greece in 2022:
- China (46.8M units)
- Turkey (36.1M units)
- Italy (13.2M units)
- Slovenia (12.3M units)
- France (8.9M units)
- Germany (7.2M units)
- Spain (4.0M units)
- Poland (1.5M units)
- Czech Republic (1.4M units)
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