Price for Electrical Fuses for Under 1000 V in Myanmar - 2023
Contents:
- Price for Electrical Fuses for Under 1000 V in Myanmar (FOB) - 2022
- Price for Electrical Fuses for Under 1000 V in Myanmar (CIF) - 2022
- Exports of Electrical Fuses for Under 1000 V in Myanmar
- Imports of Electrical Fuses for Under 1000 V in Myanmar
Price for Electrical Fuses for Under 1000 V in Myanmar (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $0.1 per unit, picking up by 27% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 38%. The export price peaked at $0.2 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
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 Thailand ($0.1 per unit), while the average price for exports to Japan totaled $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.2%).
Price for Electrical Fuses for Under 1000 V in Myanmar (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $2.3 per thousand units, dropping by -49.4% against the previous year. Overall, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2013 an increase of 154% against the previous year. The import price peaked at $8 per thousand units in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($9.7 per thousand units), while the price for Thailand ($0.7 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 mixed trend patterns.
Exports of Electrical Fuses for Under 1000 V in Myanmar
In 2022, shipments abroad of electrical fuses for under 1000 v was finally on the rise to reach 18M units after two years of decline. In general, exports, however, continue to indicate a deep contraction. Over the period under review, the exports of hit record highs at 30M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v soared to $2M in 2022. Over the period under review, exports, however, recorded a mild decline. Over the period under review, the exports of reached the peak figure at $2.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electrical Fuses for Under 1000 V in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 537 | 672 | 1,015 | 1,961 | 54.0% |
| Japan | 1,561 | 723 | 173 | 68.0 | -64.8% |
| Others | 0.1 | N/A | 0.4 | N/A | 100.0% |
| Total | 2,098 | 1,395 | 1,188 | 2,029 | -1.1% |
Top Export Markets for Electrical Fuses for Under 1000 V from Myanmar in 2022:
- Thailand (16.7M units)
- Japan (0.9M units)
Imports of Electrical Fuses for Under 1000 V in Myanmar
In 2022, purchases abroad of electrical fuses for under 1000 v increased by 178% to 755M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v soared to $1.7M in 2022. In general, imports, however, showed a abrupt setback. Imports peaked at $3.1M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Electrical Fuses for Under 1000 V in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 525 | 647 | 233 | 1,259 | 33.9% |
| Thailand | 145 | 82.9 | 201 | 257 | 21.0% |
| India | 374 | 278 | 195 | 118 | -31.9% |
| Japan | 877 | 959 | 414 | 9.5 | -77.9% |
| Others | 355 | 1,099 | 171 | 63.3 | -43.7% |
| Total | 2,277 | 3,066 | 1,214 | 1,706 | -9.2% |
Top Suppliers of Electrical Fuses for Under 1000 V to Myanmar in 2022:
- Thailand (371.7M units)
- China (340.3M units)
- India (31.1M units)
- Japan (0.6M units)
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