Price for Electrical Fuses for Under 1000 V in Mexico - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Mexico (FOB) - 2022
- Price for Electrical Fuses for Under 1000 V in Mexico (CIF) - 2022
- Exports of Electrical Fuses for Under 1000 V in Mexico
- Imports of Electrical Fuses for Under 1000 V in Mexico
Price for Electrical Fuses for Under 1000 V in Mexico (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $49 per thousand units, growing by 15% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical fuses for under 1000 v decreased by -38.8% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 41% against the previous year. The export price peaked at $81 per thousand units in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.1% per year.
Price for Electrical Fuses for Under 1000 V in Mexico (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $25 per thousand units in 2022, falling by -27.9% against the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of 50% against the previous year. Over the period under review, average import prices attained the maximum at $72 per thousand units in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($49 per thousand units), while the price for China ($17 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Electrical Fuses for Under 1000 V in Mexico
In 2022, approx. 6.1B units of electrical fuses for under 1000 v were exported from Mexico; declining by -10.7% against the previous year. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 122% against the previous year. As a result, the exports attained the peak of 6.8B units, and then contracted in the following year.
In value terms, exports of electrical fuses for under 1000 v rose to $300M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Electrical Fuses for Under 1000 V in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 256 | 222 | 284 | 292 | 4.5% |
| Others | 3.5 | 16.5 | 7.5 | 7.3 | 27.8% |
| Total | 259 | 238 | 291 | 300 | 5.0% |
Top Export Markets for Electrical Fuses for Under 1000 V from Mexico in 2022:
- United States (5.9B units)
Imports of Electrical Fuses for Under 1000 V in Mexico
Imports of electrical fuses for under 1000 v into Mexico skyrocketed to 8.2B units in 2022, jumping by 59% against 2021. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 117%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of electrical fuses for under 1000 v rose notably to $200M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +55.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Electrical Fuses for Under 1000 V in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.8 | 58.2 | 77.5 | 91.1 | 12.6% |
| China | 26.2 | 23.5 | 36.7 | 43.3 | 18.2% |
| Japan | 25.1 | 19.1 | 22.0 | 21.5 | -5.0% |
| Philippines | 5.6 | 4.7 | 7.9 | 9.8 | 20.5% |
| Taiwan (Chinese) | 5.8 | 4.7 | 6.8 | 7.1 | 7.0% |
| South Korea | 4.0 | 3.5 | 4.3 | 6.1 | 15.1% |
| Others | 15.6 | 15.2 | 18.9 | 21.2 | 10.8% |
| Total | 146 | 129 | 174 | 200 | 11.1% |
Top Suppliers of Electrical Fuses for Under 1000 V to Mexico in 2022:
- United States (3.8B units)
- China (2.6B units)
- Japan (0.5B units)
- Philippines (0.4B units)
- Taiwan (Chinese) (0.3B units)
- South Korea (0.1B units)
469
This report provides an in-depth analysis of the electrical fuse market in Mexico.
380
This report provides an in-depth analysis of the lamp holder market in Mexico.
431
This report provides an in-depth analysis of the relay market in Mexico.
557
This report provides an in-depth analysis of the electrical circuit apparatus market in Mexico.
569
This report provides an in-depth analysis of the circuit breaker market in Mexico.
1029
This report provides an in-depth analysis of the global electrical fuse market.
988
This report provides an in-depth analysis of the global lamp holder market.
1300
This report provides an in-depth analysis of the global relay market.
1015
This report provides an in-depth analysis of the global electrical circuit apparatus market.
1547
This report provides an in-depth analysis of the global circuit breaker market.
186
Imports for Relay products peaked and are projected to keep increasing in the near future, with relay imports reaching a value of $71M in October 2023.
260
In June 2023, the Circuit Breaker price in Mexico increased by 22% to reach $15.8 per unit (FOB) compared to the previous month.
87
Discover the leading import markets for electrical fuse, including the United States, China, and Mexico. Learn about the key players driving the global market for these essential components.
109
Explore the top import markets for lamp holders in 2023, including Germany, United States, Taiwan, and others. Discover key statistics and trends in the global market.
740
In value terms, portable and electric lamps imports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value decreased at an average annual rat...
792
In value terms, portable and electric lamps exports stood at $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value decreased at an average annual rate of -X>
717
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
844
In 2016, the global imports of lamp holder amounted to X tons, going up by X% against the previous year figure. In general, lamp holder imports continue to indicate a drastic shrinkage. The most...
60
Explore the top import markets for relay products across the globe, including the United States, Germany, China, and more. Learn about the key statistics and trends shaping the global relay industry.
916
In value terms, electrical apparatus imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
