Price for Electrical Fuses for Under 1000 V in New Zealand - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in New Zealand (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in New Zealand (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in New Zealand
- Exports of Electrical Fuses for Under 1000 V in New Zealand
Price for Electrical Fuses for Under 1000 V in New Zealand (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $92 per thousand units, surging by 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2020 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Philippines ($92 per thousand units) and Australia ($92 per thousand units), while the price for France ($92 per thousand units) and Taiwan (Chinese) ($92 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in New Zealand (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $0.1 per unit, growing by 4.4% against the previous year. Overall, the export price posted a remarkable increase. The growth pace was the most rapid in 2013 an increase of 214%. The export price peaked at $0.3 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($0.1 per unit) and the United States ($0.1 per unit), while the average price for exports to Samoa ($0.1 per unit) and the Netherlands ($0.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Marshall Islands (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in New Zealand
In 2022, imports of electrical fuses for under 1000 v into New Zealand dropped remarkably to 49M units, waning by -15.2% against 2021 figures. In general, imports recorded a mild contraction. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 57M units, and then dropped rapidly in the following year.
In value terms, imports of electrical fuses for under 1000 v contracted to $4.5M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports reached the peak of $5.2M, and then declined in the following year.
Import of Electrical Fuses for Under 1000 V in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 490 | 453 | 858 | 966 | 25.4% |
Australia | 736 | 631 | 1,215 | 840 | 4.5% |
Taiwan (Chinese) | 254 | 238 | 511 | 418 | 18.1% |
United States | 427 | 378 | 318 | 366 | -5.0% |
Mexico | 71.2 | 65.0 | 134 | 321 | 65.2% |
Germany | 352 | 627 | 364 | 306 | -4.6% |
United Kingdom | 260 | 250 | 142 | 281 | 2.6% |
Tunisia | 98.3 | 91.8 | 77.9 | 118 | 6.3% |
Italy | 34.9 | 39.8 | 167 | 107 | 45.3% |
India | 279 | 256 | 162 | 105 | -27.8% |
Israel | 29.5 | 38.3 | 37.0 | 84.0 | 41.7% |
Philippines | 63.9 | 224 | 288 | 70.9 | 3.5% |
Switzerland | 219 | 209 | 369 | 19.1 | -55.7% |
Others | 374 | 546 | 526 | 468 | 7.8% |
Total | 3,689 | 4,047 | 5,169 | 4,471 | 6.6% |
Top Suppliers of Electrical Fuses for Under 1000 V to New Zealand in 2022:
- China (10.5M units)
- Australia (9.1M units)
- Taiwan (Chinese) (4.6M units)
- United States (4.0M units)
- Mexico (3.5M units)
- Germany (3.3M units)
- United Kingdom (3.1M units)
- Tunisia (1.3M units)
- Italy (1.2M units)
- India (1.1M units)
- Israel (0.9M units)
- Philippines (0.8M units)
- Switzerland (0.2M units)
Exports of Electrical Fuses for Under 1000 V in New Zealand
In 2022, exports of electrical fuses for under 1000 v from New Zealand rose remarkably to 22M units, growing by 12% on the previous year. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 139% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of electrical fuses for under 1000 v surged to $1.9M in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 155%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Electrical Fuses for Under 1000 V in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 32.7 | 67.6 | 608 | 1,139 | 226.6% |
Fiji | 151 | 70.3 | 141 | 320 | 28.4% |
Australia | 58.8 | 116 | 294 | 136 | 32.2% |
Netherlands | 115 | 163 | 235 | 107 | -2.4% |
Tonga | 113 | 73.0 | 32.8 | 99.6 | -4.1% |
Samoa | 15.2 | 42.7 | 183 | 45.9 | 44.5% |
Japan | 35.6 | 9.4 | 20.9 | 20.9 | -16.3% |
Others | 61.8 | 111 | 147 | 77.9 | 8.0% |
Total | 583 | 652 | 1,662 | 1,947 | 49.5% |
Top Export Markets for Electrical Fuses for Under 1000 V from New Zealand in 2022:
- United States (13.1M units)
- Fiji (3.7M units)
- Australia (1.6M units)
- Netherlands (1.2M units)
- Tonga (1.1M units)
- Samoa (0.5M units)
- Japan (0.2M units)
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