Price for Electrical Fuses for Under 1000 V in Kazakhstan - 2024

Contents:

  1. Price for Electrical Fuses for Under 1000 V in Kazakhstan (CIF) - 2024
  2. Price for Electrical Fuses for Under 1000 V in Kazakhstan (FOB) - 2022
  3. Imports of Electrical Fuses for Under 1000 V in Kazakhstan
  4. Exports of Electrical Fuses for Under 1000 V in Kazakhstan

Price for Electrical Fuses for Under 1000 V in Kazakhstan (CIF) - 2024

In February 2024, the average import price for electrical fuses for under 1000 v amounted to $22.8 per thousand units, which is down by -10.4% against the previous month. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 80% against the previous month. Over the period under review, average import prices reached the maximum at $57.3 per thousand units in August 2023; however, from September 2023 to February 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Japan ($269 per thousand units), while the price for China ($11.0 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 Japan (+28.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electrical Fuses for Under 1000 V in Kazakhstan (FOB) - 2022

In 2022, the average export price for electrical fuses for under 1000 v amounted to less than $0.1 per unit, dropping by -36.2% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 373% against the previous year. As a result, the export price reached the peak level of $0.4 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($0.1 per unit), while the average price for exports to Kyrgyzstan (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 China (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for Under 1000 V in Kazakhstan

In 2022, supplies from abroad of electrical fuses for under 1000 v was finally on the rise to reach 119M units after two years of decline. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $3.4M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electrical Fuses for Under 1000 V in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/A1.81531,1172391.1%
Russia5715026361,07923.6%
China19327732149837.2%
Germany53.914094.318651.1%
Others5006493275271.8%
Total1,3181,5701,5313,40637.2%

Top Suppliers of Electrical Fuses for Under 1000 V to Kazakhstan in 2022:

  1. Russia (53.7M units)
  2. China (35.0M units)
  3. Uzbekistan (21.2M units)
  4. Germany (2.2M units)

Exports of Electrical Fuses for Under 1000 V in Kazakhstan

In 2022, after two years of decline, there was significant growth in shipments abroad of electrical fuses for under 1000 v, when their volume increased by 606% to 3.8M units. Over the period under review, exports saw a significant expansion. 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 skyrocketed to $160K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electrical Fuses for Under 1000 V in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.55.01.2144180.9%
Uzbekistan12.57.98.06.7-18.8%
BelgiumN/A0.20.24.6379.6%
Kyrgyzstan5.01.80.20.1-72.9%
China0.1N/A23.9N/A1446.0%
Others4.211.72.24.73.8%
Total28.326.735.716078.1%

Top Export Markets for Electrical Fuses for Under 1000 V from Kazakhstan in 2022:

  1. Russia (3521.9K units)
  2. Belgium (124.7K units)
  3. Uzbekistan (102.9K units)
  4. Kyrgyzstan (5.7K units)

Source: IndexBox Market Intelligence Platform

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