Price for Electrical Fuses for Under 1000 V in Iran - 2022
Contents:
- Price for Electrical Fuses for Under 1000 V in Iran (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Iran (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Iran
- Exports of Electrical Fuses for Under 1000 V in Iran
Price for Electrical Fuses for Under 1000 V in Iran (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $39 per thousand units, rising by 16% against the previous year. Overall, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
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 Austria ($169 per thousand units), while the price for China ($25 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Iran (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $13 per thousand units in 2022, waning by -15.4% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of 95% against the previous year. As a result, the export price reached the peak level of $30 per thousand units. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
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 Tajikistan ($283 per thousand units), while the average price for exports to Georgia ($8.2 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 Tajikistan (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Iran
After three years of growth, overseas purchases of electrical fuses for under 1000 v decreased by -46% to 65M units in 2022. In general, imports showed a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. Over the period under review, imports of hit record highs at 120M units in 2021, and then dropped markedly in the following year.
In value terms, imports of electrical fuses for under 1000 v plummeted to $2.5M in 2022. Overall, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. Over the period under review, imports of reached the peak figure at $4M in 2021, and then dropped markedly in the following year.
| Import of Electrical Fuses for Under 1000 V in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 640 | 895 | 2,124 | 1,178 | 22.6% |
| Turkey | 385 | 720 | 810 | 348 | -3.3% |
| Austria | 90.5 | 239 | 292 | 291 | 47.6% |
| South Korea | 475 | 487 | 256 | 255 | -18.7% |
| Bulgaria | 73.8 | 139 | 202 | 79.0 | 2.3% |
| Slovenia | 96.1 | 126 | 152 | 57.1 | -15.9% |
| Greece | N/A | 388 | N/A | N/A | 0% |
| Others | 577 | 335 | 201 | 314 | -18.4% |
| Total | 2,337 | 3,330 | 4,037 | 2,522 | 2.6% |
Top Suppliers of Electrical Fuses for Under 1000 V to Iran in 2022:
- China (46.5M units)
- Turkey (9.6M units)
- South Korea (3.0M units)
- Austria (1.7M units)
- Bulgaria (1.5M units)
- Slovenia (1.0M units)
Exports of Electrical Fuses for Under 1000 V in Iran
In 2022, overseas shipments of electrical fuses for under 1000 v decreased by -51.3% to 2.5M units, falling for the second year in a row after two years of growth. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 149% against the previous year. As a result, the exports reached the peak of 8.4M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of electrical fuses for under 1000 v dropped markedly to $33K in 2022. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 118% against the previous year. As a result, the exports reached the peak of $128K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Electrical Fuses for Under 1000 V in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 1.1 | N/A | 40.3 | 18.1 | 154.3% |
| Armenia | 1.7 | 0.1 | 2.2 | 9.2 | 75.6% |
| Turkey | 51.4 | 125 | N/A | 1.8 | -67.3% |
| Tajikistan | N/A | 0.5 | 6.0 | 0.8 | 26.5% |
| Sri Lanka | 0.2 | N/A | 17.0 | N/A | 822.0% |
| Azerbaijan | 0.9 | 0.1 | 1.5 | N/A | 29.1% |
| Others | 3.6 | 2.6 | 13.6 | 3.4 | -1.9% |
| Total | 58.8 | 128 | 80.6 | 33.2 | -17.3% |
Top Export Markets for Electrical Fuses for Under 1000 V from Iran in 2022:
- Georgia (2205.7K units)
- Armenia (217.6K units)
- Turkey (46.4K units)
- Tajikistan (2.7K units)
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