Price for Electrical Fuses for Under 1000 V in Indonesia - 2022
Contents:
- Price for Electrical Fuses for Under 1000 V in Indonesia (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Indonesia (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Indonesia
- Exports of Electrical Fuses for Under 1000 V in Indonesia
Price for Electrical Fuses for Under 1000 V in Indonesia (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $44 per thousand units in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 8.7% against the previous year. Over the period under review, average import prices reached the maximum at $48 per thousand units in 2012; however, from 2013 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 Malaysia ($87 per thousand units), while the price for China ($14 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Fuses for Under 1000 V in Indonesia (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $83 per thousand units, growing by 26% against the previous year. In general, the export price recorded noticeable growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 90%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($148 per thousand units), while the average price for exports to Timor-Leste ($8.5 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 China (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Indonesia
Imports of electrical fuses for under 1000 v into Indonesia soared to 1.8B units in 2022, growing by 34% compared with the year before. In general, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% 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 +72.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v skyrocketed to $76M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +87.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Electrical Fuses for Under 1000 V in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.0 | 3.3 | 10.4 | 29.6 | 114.5% |
| Japan | 26.4 | 17.9 | 20.6 | 19.4 | -9.8% |
| Singapore | 14.2 | 6.7 | 9.4 | 11.2 | -7.6% |
| China | 7.6 | 4.5 | 7.3 | 8.0 | 1.7% |
| Malaysia | 2.5 | 2.1 | 3.6 | 2.5 | 0.0% |
| South Korea | 3.6 | 2.3 | 2.5 | 1.8 | -20.6% |
| Hong Kong SAR | 2.5 | 2.0 | 1.2 | 0.9 | -28.9% |
| Others | 2.4 | 2.1 | 2.0 | 3.0 | 7.7% |
| Total | 62.3 | 40.7 | 56.8 | 76.5 | 7.1% |
Top Suppliers of Electrical Fuses for Under 1000 V to Indonesia in 2022:
- China (555.5M units)
- Thailand (446.9M units)
- Japan (437.1M units)
- Singapore (154.4M units)
- South Korea (48.5M units)
- Malaysia (29.0M units)
- Hong Kong SAR (18.2M units)
Exports of Electrical Fuses for Under 1000 V in Indonesia
In 2022, after three years of growth, there was significant decline in shipments abroad of electrical fuses for under 1000 v, when their volume decreased by -43.3% to 73M units. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 168% against the previous year. As a result, the exports attained the peak of 128M units, and then fell sharply in the following year.
In value terms, exports of electrical fuses for under 1000 v shrank notably to $6M in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 222% against the previous year. As a result, the exports reached the peak of $8.4M, and then dropped sharply in the following year.
| Export of Electrical Fuses for Under 1000 V in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 272 | 403 | 3,752 | 2,280 | 103.1% |
| United States | 3.7 | 37.8 | 1,310 | 1,307 | 606.9% |
| Czech Republic | N/A | N/A | 410 | 544 | 32.7% |
| China | 11.1 | 14.6 | 566 | 339 | 212.6% |
| Thailand | 231 | 301 | 541 | 302 | 9.3% |
| Singapore | 82.8 | 1,385 | 148 | 243 | 43.2% |
| India | 129 | 245 | 537 | 226 | 20.6% |
| Malaysia | 30.3 | 10.5 | 231 | 146 | 68.9% |
| Australia | 2.4 | 1.1 | 0.8 | 94.5 | 240.2% |
| Vietnam | 0.1 | 82.8 | 186 | 41.8 | 647.7% |
| Timor-Leste | 3.4 | 21.2 | 7.1 | 5.7 | 18.8% |
| South Korea | 0.1 | 0.1 | 160 | N/A | 3900.0% |
| Algeria | 50.7 | N/A | N/A | N/A | 0% |
| Others | 326 | 123 | 591 | 482 | 13.9% |
| Total | 1,143 | 2,624 | 8,439 | 6,011 | 73.9% |
Top Export Markets for Electrical Fuses for Under 1000 V from Indonesia in 2022:
- Japan (26.3M units)
- United States (14.5M units)
- Australia (7.2M units)
- Singapore (3.9M units)
- Thailand (3.9M units)
- Czech Republic (3.7M units)
- China (2.7M units)
- India (1.9M units)
- Malaysia (1.5M units)
- Vietnam (1.0M units)
- Timor-Leste (0.7M units)
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