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

Contents:

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

Price for Electrical Fuses for Under 1000 V in Luxembourg (CIF) - 2022

In 2022, the average import price for electrical fuses for under 1000 v amounted to $29 per thousand units, growing by 7.1% against the previous year. Over the period under review, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. As a result, import price attained the peak level of $77 per thousand units. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($113 per thousand units), while the price for Belgium ($8.8 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 (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electrical fuses for under 1000 v stood at $0.1 per unit in 2022, dropping by -3.3% against the previous year. In general, the export price saw a slight decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 30%. As a result, the export price attained the peak level of $0.2 per unit. From 2019 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 Italy ($0.5 per unit), while the average price for exports to the United States ($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 Romania (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for Under 1000 V in Luxembourg

In 2022, imports of electrical fuses for under 1000 v into Luxembourg expanded to 46M units, picking up by 2.9% against the year before. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 64%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of electrical fuses for under 1000 v rose notably to $1.3M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Electrical Fuses for Under 1000 V in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany41848655958411.8%
Japan15774.412826318.8%
Belgium54.314021313635.8%
Netherlands10.117.3139119127.5%
France48.345.963.898.126.6%
Italy23.524.012.821.7-2.6%
Others30610394.9113-28.3%
Total1,0178911,2111,3359.5%

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

  1. Germany (17.6M units)
  2. Belgium (15.5M units)
  3. Netherlands (6.2M units)
  4. Japan (2.3M units)
  5. Italy (2.0M units)
  6. France (1.4M units)

Exports of Electrical Fuses for Under 1000 V in Luxembourg

In 2022, the amount of electrical fuses for under 1000 v exported from Luxembourg soared to 3.3M units, growing by 20% compared with 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of electrical fuses for under 1000 v surged to $412K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Electrical Fuses for Under 1000 V in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12.511.8102145126.4%
South AfricaN/AN/A0.153.052900.0%
Germany44.140.973.639.5-3.6%
France28.630.447.634.16.0%
Italy24.423.024.319.8-6.7%
Spain13.014.712.712.9-0.3%
Netherlands5.52.910.311.628.2%
Turkey6.85.78.710.615.9%
Switzerland12.76.813.210.0-7.7%
United Kingdom7.06.77.55.8-6.1%
United States1.51.40.83.836.3%
Hungary20.64.43.03.6-44.1%
BoliviaN/A7.1N/AN/A0%
Others58.348.350.862.42.3%
Total23520435541220.6%

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

  1. Belgium (1677.3K units)
  2. France (322.9K units)
  3. Germany (304.2K units)
  4. South Africa (291.7K units)
  5. United Kingdom (74.8K units)
  6. United States (54.2K units)
  7. Netherlands (49.9K units)
  8. Switzerland (48.9K units)
  9. Italy (39.3K units)
  10. Turkey (36.5K units)
  11. Spain (30.7K units)
  12. Hungary (12.9K units)

Source: IndexBox Market Intelligence Platform

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