Price for Electrical Fuses for Under 1000 V in Peru - 2022

Contents:

  1. Price for Electrical Fuses for Under 1000 V in Peru (CIF) - 2022
  2. Price for Electrical Fuses for Under 1000 V in Peru (FOB) - 2022
  3. Imports of Electrical Fuses for Under 1000 V in Peru
  4. Exports of Electrical Fuses for Under 1000 V in Peru

Price for Electrical Fuses for Under 1000 V in Peru (CIF) - 2022

In 2022, the average import price for electrical fuses for under 1000 v amounted to $47 per thousand units, reducing by -1.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $52 per thousand units in 2014; however, from 2015 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 Mexico ($134 per thousand units), while the price for China ($24 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Fuses for Under 1000 V in Peru (FOB) - 2022

In 2022, the average export price for electrical fuses for under 1000 v amounted to $0.1 per unit, with a decrease of -27.7% against the previous year. In general, the export price, however, posted a pronounced increase. The growth pace was the most rapid in 2014 when the average export price increased by 122% against the previous year. Over the period under review, the average export prices hit record highs at $0.1 per unit in 2021, and then contracted markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($0.7 per unit), while the average price for exports to El Salvador (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+68.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for Under 1000 V in Peru

After three years of growth, overseas purchases of electrical fuses for under 1000 v decreased by -9.3% to 54M units in 2022. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. Over the period under review, imports of attained the peak figure at 59M units in 2021, and then shrank in the following year.

In value terms, imports of electrical fuses for under 1000 v fell to $2.5M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $2.8M, and then declined in the following year.

Import of Electrical Fuses for Under 1000 V in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China39554678978125.5%
United States3003274603485.1%
Mexico271243271228-5.6%
Germany182178115180-0.4%
India86.194.614213315.6%
Brazil98.568.490.31258.3%
Taiwan (Chinese)64.240.810286.910.6%
Italy76.843.117582.12.2%
Spain12871.260.357.1-23.6%
Japan28.819.227.556.825.4%
France24.477.720845.322.9%
Others3395123823914.9%
Total1,9942,2202,8212,5148.0%

Top Suppliers of Electrical Fuses for Under 1000 V to Peru in 2022:

  1. China (32.6M units)
  2. United States (3.2M units)
  3. Germany (2.8M units)
  4. Mexico (1.7M units)
  5. India (1.7M units)
  6. Taiwan (Chinese) (1.6M units)
  7. Spain (1.5M units)
  8. Brazil (1.4M units)
  9. Italy (1.4M units)
  10. France (1.2M units)
  11. Japan (1.1M units)

Exports of Electrical Fuses for Under 1000 V in Peru

In 2022, overseas shipments of electrical fuses for under 1000 v increased by 57% to 195K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a significant contraction. Over the period under review, the exports of reached the peak figure at 548K 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 expanded sharply to $18K in 2022. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $36K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Electrical Fuses for Under 1000 V in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador0.910.03.116.1161.5%
Chile1.06.110.01.00.0%
SwedenN/AN/AN/A0.60%
Netherlands0.26.31.80.1-20.6%
Bolivia0.1N/AN/A0.10.0%
Nicaragua0.4N/AN/A0.1-37.0%
United States15.7N/AN/AN/A0%
FranceN/A2.8N/AN/A0%
Costa Rica7.20.90.3N/A-79.6%
El SalvadorN/AN/AN/AN/A0%
Colombia0.66.9N/AN/A1050.0%
Others1.23.40.70.1-56.3%
Total27.336.415.918.1-12.8%

Top Export Markets for Electrical Fuses for Under 1000 V from Peru in 2022:

  1. Ecuador (167.7K units)
  2. Sweden (7.7K units)
  3. El Salvador (7.6K units)
  4. Bolivia (6.3K units)
  5. Chile (2.9K units)
  6. Nicaragua (1.2K units)
  7. Netherlands (0.5K units)

Source: IndexBox Market Intelligence Platform

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