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

Contents:

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

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

In 2022, the average import price for electrical fuses for under 1000 v amounted to $29 per thousand units, falling by -14.3% against the previous year. In general, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $40 per thousand units. From 2019 to 2022, the average import prices failed to regain momentum.

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 France ($207 per thousand units), while the price for China ($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 Ukraine (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for electrical fuses for under 1000 v amounted to $18 per thousand units, growing by 2.8% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20% against the previous year. The export price peaked at $24 per thousand units in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($25 per thousand units), while the average price for exports to Tajikistan ($5.5 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 Belarus (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electrical Fuses for Under 1000 V in Russia

In 2022, approx. 383M units of electrical fuses for under 1000 v were imported into Russia; with a decrease of -38.8% on the previous year. In general, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, imports attained the peak of 626M units, and then fell dramatically in the following year.

In value terms, imports of electrical fuses for under 1000 v shrank notably to $11M in 2022. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of $21M, and then shrank sharply in the following year.

Import of Electrical Fuses for Under 1000 V in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.12.85.26.024.6%
Italy0.81.11.80.7-4.4%
France1.81.31.40.7-27.0%
Czech Republic1.51.11.30.6-26.3%
Netherlands0.70.83.20.2-34.1%
South Korea0.90.91.50.2-39.4%
Belgium0.70.50.70.1-47.7%
Belarus0.30.20.5N/A29.1%
Others5.14.55.32.6-20.1%
Total15.013.120.911.0-9.8%

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

  1. China (332.5M units)
  2. Czech Republic (6.8M units)
  3. Italy (4.0M units)
  4. France (3.3M units)
  5. Netherlands (2.6M units)
  6. South Korea (2.2M units)
  7. Belgium (1.4M units)

Exports of Electrical Fuses for Under 1000 V in Russia

In 2022, approx. 94M units of electrical fuses for under 1000 v were exported from Russia; with a decrease of -15.1% against the year before. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 9.2%. The exports peaked at 112M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of electrical fuses for under 1000 v contracted to $1.7M in 2022. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 5.8% against the previous year. Over the period under review, the exports of reached the maximum at $2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electrical Fuses for Under 1000 V in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan5715026361,07923.6%
Tajikistan16.384.494.812898.8%
Georgia38.313.320.977.626.5%
Kyrgyzstan52.610.650.775.412.8%
Armenia33.423.825.451.115.2%
Ukraine1041261614.8-64.1%
Belarus586572584N/A-0.2%
Others554480345257-22.6%
Total1,9551,8131,9171,674-5.0%

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

  1. Kazakhstan (51.2M units)
  2. Tajikistan (23.4M units)
  3. Kyrgyzstan (6.9M units)
  4. Armenia (6.2M units)
  5. Georgia (3.6M units)
  6. Ukraine (0.2M units)

Source: IndexBox Market Intelligence Platform

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