Price for Electrical Fuses for Under 1000 V in Kenya - 2022
Contents:
- Price for Electrical Fuses for Under 1000 V in Kenya (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Kenya (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Kenya
- Exports of Electrical Fuses for Under 1000 V in Kenya
Price for Electrical Fuses for Under 1000 V in Kenya (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $10 per thousand units, falling by -13.1% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 29% against the previous year. The import price peaked at $23 per thousand units in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($51 per thousand units), while the price for China ($7.4 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.3%), while the prices for the other major suppliers experienced a decline.
Price for Electrical Fuses for Under 1000 V in Kenya (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $36 per thousand units in 2022, surging by 3.2% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 an increase of 42%. Over the period under review, the average export prices hit record highs at $57 per thousand units in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($171 per thousand units), while the average price for exports to Nigeria ($31 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 Cote d'Ivoire (+109.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Kenya
After three years of growth, supplies from abroad of electrical fuses for under 1000 v decreased by -39.2% to 89M units in 2022. Overall, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 83%. As a result, imports reached the peak of 147M units, and then shrank markedly in the following year.
In value terms, imports of electrical fuses for under 1000 v contracted rapidly to $905K in 2022. In general, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 57% against the previous year. Imports peaked at $1.7M in 2021, and then declined markedly in the following year.
| Import of Electrical Fuses for Under 1000 V in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 361 | 187 | 1,039 | 605 | 18.8% |
| India | 448 | 1,239 | 404 | 169 | -27.7% |
| Thailand | 59.8 | 119 | 119 | 71.3 | 6.0% |
| Others | 172 | 92.6 | 150 | 60.5 | -29.4% |
| Total | 1,040 | 1,637 | 1,713 | 905 | -4.5% |
Top Suppliers of Electrical Fuses for Under 1000 V to Kenya in 2022:
- China (82.1M units)
- India (3.3M units)
- Thailand (1.9M units)
Exports of Electrical Fuses for Under 1000 V in Kenya
In 2022, approx. 119K units of electrical fuses for under 1000 v were exported from Kenya; falling by -41.5% against the previous year. Overall, exports saw a dramatic contraction. The smallest decline of -7% was in 2021. The exports peaked at 376K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical fuses for under 1000 v fell significantly to $4.2K in 2022. In general, exports saw a dramatic descent. The smallest decline of -19.9% was in 2021. The exports peaked at $13K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Fuses for Under 1000 V in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 3.3 | 0% |
| Tanzania | 0.6 | 0.5 | 0.1 | 0.3 | -20.6% |
| Rwanda | 5.4 | 0.8 | 0.8 | 0.2 | -66.7% |
| Cote d'Ivoire | N/A | 1.1 | 1.5 | 0.1 | -69.8% |
| Uganda | 4.1 | 5.7 | 2.0 | N/A | -30.2% |
| Mozambique | N/A | N/A | 1.4 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 0.4 | N/A | 0% |
| Others | 3.3 | 0.7 | 0.7 | 0.4 | -50.5% |
| Total | 13.3 | 8.8 | 7.0 | 4.2 | -31.9% |
Top Export Markets for Electrical Fuses for Under 1000 V from Kenya in 2022:
- Nigeria (106.9K units)
- Tanzania (5.1K units)
- Rwanda (4.3K units)
- Cote d'Ivoire (0.9K units)
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