Price for Electrical Fuses for Under 1000 V in Portugal - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Portugal (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Portugal (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Portugal
- Exports of Electrical Fuses for Under 1000 V in Portugal
Price for Electrical Fuses for Under 1000 V in Portugal (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $70 per thousand units in 2022, falling by -4.6% against the previous year. Overall, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 69%. Over the period under review, average import prices hit record highs at $73 per thousand units in 2021, and then fell modestly in the following year.
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 the Netherlands ($123 per thousand units), while the price for Slovenia ($15 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Portugal (FOB) - 2022
The average export price for electrical fuses for under 1000 v stood at $38 per thousand units in 2022, jumping by 52% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 increased by +69.8% against 2020 indices. Over the period under review, the average export prices attained the peak figure at $39 per thousand units in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($358 per thousand units), while the average price for exports to Angola ($20 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 Brazil (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Portugal
For the fourth year in a row, Portugal recorded growth in overseas purchases of electrical fuses for under 1000 v, which increased by 9.1% to 398M units in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 55%. 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 expanded to $28M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 162% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Electrical Fuses for Under 1000 V in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.5 | 13.3 | 18.6 | 19.9 | 99.7% |
| Spain | 1.5 | 1.6 | 2.0 | 1.9 | 8.2% |
| Netherlands | 1.1 | 2.7 | 2.7 | 1.3 | 5.7% |
| France | 0.8 | 0.6 | 0.8 | 1.2 | 14.5% |
| China | 0.1 | 0.3 | 0.5 | 0.9 | 108.0% |
| Italy | 0.6 | 0.7 | 0.7 | 0.7 | 5.3% |
| Slovenia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 0.9 | 1.2 | 1.1 | 1.3 | 13.0% |
| Total | 7.9 | 20.6 | 26.6 | 27.7 | 51.9% |
Top Suppliers of Electrical Fuses for Under 1000 V to Portugal in 2022:
- Germany (250.0M units)
- Spain (40.2M units)
- China (26.6M units)
- Slovenia (22.5M units)
- France (20.2M units)
- Netherlands (10.9M units)
- Italy (5.9M units)
Exports of Electrical Fuses for Under 1000 V in Portugal
In 2022, shipments abroad of electrical fuses for under 1000 v decreased by -1.4% to 25M units, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume 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. Based on 2022 figures, exports decreased by -30.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 57% against the previous year. As a result, the exports reached the peak of 35M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v soared to $924K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electrical Fuses for Under 1000 V in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 1.3 | N/A | 1.1 | 351 | 546.3% |
| Angola | 240 | 336 | 195 | 190 | -7.5% |
| Spain | 46.8 | 34.5 | 37.0 | 59.6 | 8.4% |
| France | 52.3 | 34.1 | 30.0 | 55.7 | 2.1% |
| Macao SAR | 8.0 | 102 | 11.4 | 47.9 | 81.6% |
| Cabo Verde | 14.3 | 20.2 | 40.5 | 20.1 | 12.0% |
| Mozambique | 57.6 | 50.3 | 53.1 | 19.0 | -30.9% |
| Morocco | 1.2 | 7.0 | 2.0 | 16.6 | 140.1% |
| Sao Tome and Principe | 7.4 | 15.5 | 10.5 | 10.3 | 11.7% |
| Chile | 20.0 | 16.1 | 17.5 | 6.4 | -31.6% |
| Belgium | 74.3 | 3.0 | 2.7 | 3.3 | -64.6% |
| Others | 172 | 170 | 216 | 145 | -5.5% |
| Total | 696 | 788 | 616 | 924 | 9.9% |
Top Export Markets for Electrical Fuses for Under 1000 V from Portugal in 2022:
- Angola (9.4M units)
- Libya (5.8M units)
- Spain (2.0M units)
- Macao SAR (1.6M units)
- Cabo Verde (0.8M units)
- Mozambique (0.8M units)
- France (0.6M units)
- Morocco (0.6M units)
- Sao Tome and Principe (0.5M units)
- Chile (0.2M units)
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