Price for Electrical Fuses for Under 1000 V in Lithuania - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Lithuania (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Lithuania (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Lithuania
- Exports of Electrical Fuses for Under 1000 V in Lithuania
Price for Electrical Fuses for Under 1000 V in Lithuania (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $48 per thousand units in 2022, rising by 37% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($341 per thousand units), while the price for Poland ($19 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Lithuania (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $52 per thousand units in 2022, surging by 20% against the previous year. Over the period under review, the export price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 44%. As a result, the export price reached the peak level of $59 per thousand units. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($380 per thousand units), while the average price for exports to Belarus ($9.8 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 Estonia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Lithuania
In 2022, overseas purchases of electrical fuses for under 1000 v decreased by -26.7% to 71M units, falling for the second year in a row after two years of growth. In general, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 58%. As a result, imports reached the peak of 105M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of electrical fuses for under 1000 v amounted to $3.4M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Electrical Fuses for Under 1000 V in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 368 | 711 | 800 | 790 | 29.0% |
| Netherlands | 439 | 285 | 354 | 547 | 7.6% |
| Germany | 301 | 391 | 551 | 503 | 18.7% |
| Sweden | 252 | 171 | 397 | 372 | 13.9% |
| China | 56.7 | 85.0 | 384 | 355 | 84.3% |
| Finland | 59.2 | 216 | 324 | 284 | 68.7% |
| Italy | 156 | 142 | 114 | 95.3 | -15.1% |
| Latvia | 107 | 67.9 | 74.0 | 93.7 | -4.3% |
| Others | 775 | 660 | 427 | 396 | -20.1% |
| Total | 2,514 | 2,729 | 3,424 | 3,436 | 11.0% |
Top Suppliers of Electrical Fuses for Under 1000 V to Lithuania in 2022:
- Poland (40.8M units)
- Finland (7.2M units)
- Netherlands (6.9M units)
- Germany (4.9M units)
- Italy (2.8M units)
- China (2.6M units)
- Latvia (1.4M units)
- Sweden (1.1M units)
Exports of Electrical Fuses for Under 1000 V in Lithuania
In 2022, overseas shipments of electrical fuses for under 1000 v decreased by -11.5% to 23M units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 45% against the previous year. The exports peaked at 26M units in 2021, and then reduced in the following year.
In value terms, exports of electrical fuses for under 1000 v reached $1.2M in 2022. The total export value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Electrical Fuses for Under 1000 V in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 352 | 16.5 | 369 | 264 | -9.1% |
| Russia | 166 | 257 | 132 | 142 | -5.1% |
| Finland | 163 | 158 | 192 | 129 | -7.5% |
| Kazakhstan | 25.6 | 120 | 17.2 | 80.8 | 46.7% |
| Estonia | 14.4 | 53.6 | 73.1 | 80.2 | 77.3% |
| United Kingdom | 6.4 | 8.2 | 59.3 | 58.4 | 109.0% |
| Netherlands | 0.1 | 6.5 | 36.7 | 41.1 | 643.5% |
| Poland | 23.7 | 222 | 65.3 | 37.1 | 16.1% |
| Belarus | 29.4 | 28.2 | 37.5 | 3.4 | -51.3% |
| Others | 95.2 | 99.9 | 153 | 365 | 56.5% |
| Total | 875 | 969 | 1,135 | 1,202 | 11.2% |
Top Export Markets for Electrical Fuses for Under 1000 V from Lithuania in 2022:
- Latvia (14.4M units)
- Russia (2.1M units)
- United Kingdom (1.2M units)
- Poland (0.7M units)
- Netherlands (0.6M units)
- Estonia (0.5M units)
- Kazakhstan (0.5M units)
- Belarus (0.3M units)
- Finland (0.3M units)
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