Price for Electrical Fuses for Under 1000 V in Slovakia - 2024

Contents:

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

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

The average import price for electrical fuses for under 1000 v stood at $27 per thousand units in 2022, which is down by -25.8% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 16% against the previous year. Over the period under review, average import prices reached the peak figure at $56 per thousand units in 2013; however, from 2014 to 2022, 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 China ($62 per thousand units), while the price for Slovenia ($6.5 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for electrical fuses for under 1000 v stood at $93 per thousand units in 2022, almost unchanged from the previous year. Over the period under review, the export price saw buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 87%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($312 per thousand units), while the average price for exports to Australia ($19 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 Poland (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for Under 1000 V in Slovakia

In 2022, the amount of electrical fuses for under 1000 v imported into Slovakia skyrocketed to 652M units, picking up by 52% compared with 2021 figures. Over the period under review, imports showed significant growth. 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 rose sharply to $18M in 2022. The total import value increased at an average annual rate of +9.1% 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 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Electrical Fuses for Under 1000 V in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.33.13.94.121.3%
China0.70.51.22.246.5%
RomaniaN/AN/A1.62.025.0%
Italy1.71.52.02.05.6%
South Korea3.32.41.91.7-19.8%
Czech Republic0.30.80.91.049.4%
Netherlands0.30.50.60.944.2%
Slovenia0.50.50.70.921.6%
Hungary0.50.30.40.921.6%
Austria0.20.30.40.535.7%
Poland0.10.30.40.458.7%
Mexico1.20.10.50.1-56.3%
Others2.42.01.31.1-22.9%
Total13.712.415.817.78.9%

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

  1. Slovenia (133.1M units)
  2. Italy (122.3M units)
  3. Germany (71.9M units)
  4. Hungary (56.1M units)
  5. South Korea (52.2M units)
  6. Romania (49.2M units)
  7. Czech Republic (45.5M units)
  8. China (35.4M units)
  9. Netherlands (28.7M units)
  10. Poland (23.2M units)
  11. Austria (12.7M units)
  12. Mexico (1.6M units)

Exports of Electrical Fuses for Under 1000 V in Slovakia

In 2022, after two years of decline, there was significant growth in shipments abroad of electrical fuses for under 1000 v, when their volume increased by 18% to 16M units. Over the period under review, exports, however, saw a abrupt setback. Over the period under review, the exports of reached the maximum at 20M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of electrical fuses for under 1000 v soared to $1.5M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Electrical Fuses for Under 1000 V in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland59.419415218746.6%
Germany15549.386.01682.7%
Czech Republic80.775.189.913318.1%
Russia41.267.123413247.4%
Mexico49.34.231.611231.5%
Serbia47.871.332.110027.9%
BelgiumN/A1.535.068.9577.7%
France49.432.047.143.8-3.9%
Hungary60.864.259.937.2-15.1%
Austria18.116.621.735.324.9%
Italy11.757.344.115.49.6%
Romania33.239.351.812.7-27.4%
Australia4.810.14.87.113.9%
Others15721137446343.4%
Total7688931,2641,51625.4%

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

  1. Mexico (3.5M units)
  2. France (1.4M units)
  3. Czech Republic (1.3M units)
  4. Serbia (1.3M units)
  5. Germany (1.1M units)
  6. Poland (1.0M units)
  7. Austria (0.8M units)
  8. Hungary (0.7M units)
  9. Belgium (0.6M units)
  10. Romania (0.5M units)
  11. Australia (0.4M units)
  12. Italy (0.4M units)
  13. Russia (0.4M units)

Source: IndexBox Market Intelligence Platform

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