Price for Electrical Fuses for Under 1000 V in Pakistan - 2023
Contents:
- Price for Electrical Fuses for Under 1000 V in Pakistan (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Pakistan (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Pakistan
- Exports of Electrical Fuses for Under 1000 V in Pakistan
Price for Electrical Fuses for Under 1000 V in Pakistan (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $96 per thousand units in 2022, increasing by 5.4% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical fuses for under 1000 v decreased by -2.6% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 57%. As a result, import price reached the peak level of $99 per thousand units. From 2018 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Slovenia ($96 per thousand units) and Mexico ($96 per thousand units), while the price for France ($96 per thousand units) and Italy ($96 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Pakistan (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $31 per thousand units, rising by 56% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 535% against the previous year. As a result, the export price attained the peak level of $37 per thousand units. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
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 Ecuador ($53 per thousand units), while the average price for exports to the Czech Republic ($5 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 Ireland (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Pakistan
In 2022, approx. 11M units of electrical fuses for under 1000 v were imported into Pakistan; waning by -36% on 2021 figures. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 18M units, and then dropped significantly in the following year.
In value terms, imports of electrical fuses for under 1000 v contracted rapidly to $1.1M in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of $1.6M, and then fell dramatically in the following year.
Import of Electrical Fuses for Under 1000 V in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 264 | 267 | 585 | 349 | 9.8% |
Japan | 208 | 179 | 421 | 330 | 16.6% |
Turkey | 268 | 373 | 248 | 58.2 | -39.9% |
South Korea | 6.8 | 9.7 | 7.4 | 51.1 | 95.9% |
Germany | 19.4 | 29.3 | 50.0 | 40.1 | 27.4% |
Spain | 16.4 | 14.6 | 17.1 | 34.0 | 27.5% |
United States | 27.2 | 28.9 | 10.2 | 33.1 | 6.8% |
France | 8.6 | 10.3 | 19.2 | 25.5 | 43.7% |
Slovenia | 9.7 | 26.9 | 16.1 | 19.5 | 26.2% |
Taiwan (Chinese) | 13.7 | 22.5 | 59.5 | 18.9 | 11.3% |
Italy | 10.2 | 11.6 | 43.1 | 17.4 | 19.5% |
Austria | 4.5 | 6.7 | 0.5 | 17.4 | 57.0% |
Mexico | 8.4 | 13.8 | 14.0 | 16.7 | 25.7% |
Others | 152 | 158 | 141 | 90.3 | -15.9% |
Total | 1,017 | 1,151 | 1,632 | 1,101 | 2.7% |
Top Suppliers of Electrical Fuses for Under 1000 V to Pakistan in 2022:
- China (3620.6K units)
- Japan (3421.9K units)
- Turkey (603.8K units)
- South Korea (529.7K units)
- Germany (415.9K units)
- Spain (352.9K units)
- United States (343.4K units)
- France (264.1K units)
- Slovenia (202.0K units)
- Taiwan (Chinese) (196.2K units)
- Italy (180.4K units)
- Austria (180.0K units)
- Mexico (173.5K units)
Exports of Electrical Fuses for Under 1000 V in Pakistan
After three years of growth, shipments abroad of electrical fuses for under 1000 v decreased by -88.9% to 82K units in 2022. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 159%. As a result, the exports attained the peak of 740K units, and then dropped notably in the following year.
In value terms, exports of electrical fuses for under 1000 v declined sharply to $2.5K in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 213%. Over the period under review, the exports of hit record highs at $15K in 2021, and then declined sharply in the following year.
Export of Electrical Fuses for Under 1000 V in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ethiopia | N/A | N/A | N/A | 0.6 | 0% |
Ecuador | 0.2 | 0.5 | 0.9 | 0.4 | 26.0% |
Canada | N/A | N/A | 0.3 | 0.2 | -33.3% |
Oman | N/A | N/A | N/A | 0.1 | 0% |
Costa Rica | N/A | N/A | N/A | 0.1 | 0% |
Slovakia | N/A | N/A | N/A | 0.1 | 0% |
Niger | N/A | N/A | 8.6 | N/A | 0% |
Uganda | N/A | 0.1 | 3.0 | N/A | 2900.0% |
Cambodia | N/A | N/A | 1.4 | N/A | 0% |
Philippines | 1.6 | N/A | N/A | N/A | 0% |
United Arab Emirates | N/A | 5.4 | 0.1 | N/A | -98.1% |
Czech Republic | N/A | N/A | N/A | N/A | 0% |
Others | 0.2 | N/A | 0.4 | 1.0 | 71.0% |
Total | 1.9 | 6.1 | 14.7 | 2.5 | 9.6% |
Top Export Markets for Electrical Fuses for Under 1000 V from Pakistan in 2022:
- Ethiopia (44.2K units)
- Ecuador (8.0K units)
- Costa Rica (6.5K units)
- Canada (5.3K units)
- Oman (4.2K units)
- Czech Republic (4.0K units)
- Slovakia (2.0K units)
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