Price for Electrical Fuses for Under 1000 V in Romania - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Romania (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Romania (FOB) - 2024
- Imports of Electrical Fuses for Under 1000 V in Romania
- Exports of Electrical Fuses for Under 1000 V in Romania
Price for Electrical Fuses for Under 1000 V in Romania (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $53 per thousand units, shrinking by -22.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $68 per thousand units in 2021, and then dropped significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($125 per thousand units), while the price for Slovakia ($18 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Romania (FOB) - 2024
In February 2024, the average export price for electrical fuses for under 1000 v amounted to $51.7 per thousand units, falling by -9.9% against the previous month. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in January 2024 an increase of 110% against the previous month. Over the period under review, the average export prices attained the peak figure at $71.5 per thousand units in April 2023; however, from May 2023 to February 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($127 per thousand units), while the average price for exports to Egypt ($32.0 per thousand units) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Romania
Imports of electrical fuses for under 1000 v into Romania skyrocketed to 949M units in 2022, picking up by 28% against the previous year's figure. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v shrank to $50M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports reached the peak of $51M, leveling off in the following year.
| Import of Electrical Fuses for Under 1000 V in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.9 | 21.1 | 26.5 | 24.0 | 6.4% |
| Netherlands | 6.9 | 7.0 | 8.2 | 7.2 | 1.4% |
| Italy | 3.2 | 3.3 | 4.8 | 6.7 | 27.9% |
| Czech Republic | 1.6 | 1.5 | 2.6 | 2.6 | 17.6% |
| China | 1.3 | 1.5 | 1.8 | 1.5 | 4.9% |
| Austria | 0.7 | 0.4 | 0.5 | 1.0 | 12.6% |
| Poland | 0.3 | 0.5 | 0.9 | 0.9 | 44.2% |
| Slovenia | 0.5 | 0.5 | 0.7 | 0.9 | 21.6% |
| Hungary | 0.9 | 0.6 | 0.5 | 0.5 | -17.8% |
| Slovakia | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 2.8 | 2.9 | 3.8 | 5.0 | 21.3% |
| Total | 38.3 | 39.5 | 50.6 | 50.4 | 9.6% |
Top Suppliers of Electrical Fuses for Under 1000 V to Romania in 2022:
- Italy (309.4M units)
- Germany (295.1M units)
- Netherlands (76.4M units)
- China (70.4M units)
- Czech Republic (46.6M units)
- Slovenia (29.6M units)
- Austria (21.6M units)
- Poland (20.0M units)
- Hungary (20.0M units)
- Slovakia (7.5M units)
Exports of Electrical Fuses for Under 1000 V in Romania
In 2022, overseas shipments of electrical fuses for under 1000 v decreased by -0.9% to 135M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of 136M units, leveling off in the following year.
In value terms, exports of electrical fuses for under 1000 v dropped slightly to $8.6M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $9M, and then declined modestly in the following year.
| Export of Electrical Fuses for Under 1000 V in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,059 | 2,074 | 2,507 | 1,663 | -6.9% |
| France | 992 | 1,065 | 1,222 | 1,604 | 17.4% |
| Moldova | 1,269 | 1,197 | 1,323 | 1,316 | 1.2% |
| Netherlands | 18.4 | 147 | 374 | 597 | 218.9% |
| Austria | 5.9 | 51.5 | 9.0 | 485 | 334.8% |
| Serbia | 816 | 927 | 853 | 462 | -17.3% |
| Czech Republic | 363 | 246 | 405 | 378 | 1.4% |
| Bulgaria | 19.0 | 137 | 208 | 378 | 171.0% |
| Ukraine | 237 | 297 | 379 | 320 | 10.5% |
| Germany | 139 | 376 | 680 | 298 | 28.9% |
| Estonia | N/A | 0.7 | 10.4 | 270 | 1864.0% |
| Portugal | 146 | 198 | 173 | 182 | 7.6% |
| Egypt | 31.5 | 51.1 | 122 | 113 | 53.1% |
| Others | 896 | 963 | 770 | 552 | -14.9% |
| Total | 6,992 | 7,730 | 9,036 | 8,618 | 7.2% |
Top Export Markets for Electrical Fuses for Under 1000 V from Romania in 2022:
- Italy (26.4M units)
- Moldova (24.8M units)
- France (21.5M units)
- Czech Republic (11.8M units)
- Bulgaria (7.2M units)
- Ukraine (6.9M units)
- Serbia (5.5M units)
- Austria (5.2M units)
- Netherlands (5.0M units)
- Egypt (4.9M units)
- Portugal (3.7M units)
- Germany (3.1M units)
- Estonia (2.1M units)
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