Price for Electrical Fuses for Under 1000 V in Malaysia - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Malaysia (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Malaysia (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Malaysia
- Exports of Electrical Fuses for Under 1000 V in Malaysia
Price for Electrical Fuses for Under 1000 V in Malaysia (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $15 per thousand units in 2022, increasing by 66% against the previous year. Overall, the import price, however, recorded a abrupt descent. The import price peaked at $40 per thousand units in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($114 per thousand units), while the price for Hong Kong SAR ($4.9 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Fuses for Under 1000 V in Malaysia (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $47 per thousand units in 2022, picking up by 9.3% against the previous year. Overall, the export price, however, recorded a mild setback. The growth pace was the most rapid in 2014 when the average export price increased by 43%. As a result, the export price reached the peak level of $64 per thousand units. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($130 per thousand units), while the average price for exports to Australia ($7 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 China (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Malaysia
In 2022, imports of electrical fuses for under 1000 v into Malaysia shrank to 5.7B units, which is down by -8.5% on 2021 figures. Overall, imports showed a deep downturn. The smallest decline of -5.1% was in 2020. Imports peaked at 7.2B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electrical fuses for under 1000 v surged to $85M in 2022. Over the period under review, imports, however, saw a strong expansion. 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 Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1.4 | 1.8 | 7.7 | 22.6 | 152.7% |
China | 15.6 | 12.0 | 13.7 | 17.3 | 3.5% |
Japan | 12.7 | 9.9 | 11.3 | 12.0 | -1.9% |
Philippines | 9.3 | 4.4 | 6.5 | 8.1 | -4.5% |
Singapore | 3.9 | 3.8 | 3.8 | 7.5 | 24.4% |
Taiwan (Chinese) | 1.4 | 0.8 | 0.7 | 2.2 | 16.3% |
Hong Kong SAR | 0.9 | 1.8 | 2.0 | 2.0 | 30.5% |
Vietnam | 1.1 | 1.1 | 1.5 | 1.2 | 2.9% |
Others | 9.6 | 5.9 | 8.9 | 11.9 | 7.4% |
Total | 55.9 | 41.4 | 55.9 | 84.8 | 14.9% |
Top Suppliers of Electrical Fuses for Under 1000 V to Malaysia in 2022:
- China (1678.5M units)
- Japan (1609.3M units)
- Philippines (822.6M units)
- Hong Kong SAR (404.2M units)
- Singapore (351.3M units)
- Taiwan (Chinese) (240.1M units)
- Thailand (198.8M units)
- Vietnam (61.5M units)
Exports of Electrical Fuses for Under 1000 V in Malaysia
In 2022, shipments abroad of electrical fuses for under 1000 v decreased by -19% to 276M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 90%. As a result, the exports reached the peak of 341M units, and then fell sharply in the following year.
In value terms, exports of electrical fuses for under 1000 v dropped to $13M in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 155%. As a result, the exports attained the peak of $15M, and then contracted in the following year.
Export of Electrical Fuses for Under 1000 V in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 100 | 43.3 | 251 | 3,189 | 217.1% |
Indonesia | 1,332 | 1,279 | 2,446 | 1,770 | 9.9% |
Hong Kong SAR | 937 | 1,309 | 2,509 | 1,536 | 17.9% |
Singapore | 778 | 652 | 5,846 | 1,332 | 19.6% |
Thailand | 1,293 | 514 | 380 | 1,057 | -6.5% |
Mexico | 17.1 | 8.4 | 237 | 981 | 285.7% |
China | 214 | 241 | 396 | 705 | 48.8% |
Vietnam | 110 | 137 | 119 | 549 | 70.9% |
India | 216 | 452 | 752 | 466 | 29.2% |
United States | 192 | 212 | 425 | 332 | 20.0% |
Papua New Guinea | 4.6 | 54.2 | 98.5 | 53.5 | 126.6% |
Brunei Darussalam | 53.1 | 120 | 111 | 51.3 | -1.1% |
Australia | 286 | 33.7 | 66.9 | 38.5 | -48.7% |
Others | 1,269 | 678 | 973 | 877 | -11.6% |
Total | 6,801 | 5,732 | 14,612 | 12,938 | 23.9% |
Top Export Markets for Electrical Fuses for Under 1000 V from Malaysia in 2022:
- Germany (76.1M units)
- Hong Kong SAR (49.2M units)
- Singapore (39.3M units)
- Indonesia (29.8M units)
- Thailand (12.8M units)
- India (11.8M units)
- Mexico (8.8M units)
- Brunei Darussalam (5.7M units)
- United States (5.7M units)
- Vietnam (5.6M units)
- Australia (5.5M units)
- China (5.4M units)
- Papua New Guinea (5.1M units)
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