Price for Electrical Fuses for Under 1000 V in Qatar - 2023
Contents:
- Price for Electrical Fuses for Under 1000 V in Qatar (CIF) - 2022
- Imports of Electrical Fuses for Under 1000 V in Qatar
Price for Electrical Fuses for Under 1000 V in Qatar (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $0.7 per unit in 2022, reducing by -23.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 64% against the previous year. Over the period under review, average import prices reached the maximum at $4.8 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3 per unit), while the price for India ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Electrical Fuses for Under 1000 V in Qatar
For the fourth year in a row, Qatar recorded growth in overseas purchases of electrical fuses for under 1000 v, which increased by 3.6% to 3.5M units in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 462% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v dropped remarkably to $2.3M in 2022. In general, imports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of $2.9M, and then fell rapidly in the following year.
| Import of Electrical Fuses for Under 1000 V in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 211 | 68.0 | 660 | 1,032 | 69.7% |
| United Kingdom | 50.6 | 23.6 | 164 | 272 | 75.2% |
| India | 295 | 303 | 534 | 169 | -16.9% |
| Japan | 82.8 | 159 | 162 | 149 | 21.6% |
| Others | 1,989 | 1,289 | 1,421 | 702 | -29.3% |
| Total | 2,628 | 1,842 | 2,940 | 2,324 | -4.0% |
Top Suppliers of Electrical Fuses for Under 1000 V to Qatar in 2022:
- China (2483.7K units)
- India (582.1K units)
- Japan (139.5K units)
- United Kingdom (106.5K units)
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