Price for Electrical Fuses for Under 1000 V in Spain - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Spain (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Spain (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Spain
- Exports of Electrical Fuses for Under 1000 V in Spain
Price for Electrical Fuses for Under 1000 V in Spain (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $47 per thousand units in 2022, with an increase of 4.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 27%. As a result, import price attained the peak level of $50 per thousand units. From 2016 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 the UK ($940 per thousand units), while the price for Morocco ($22 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 (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Spain (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $47 per thousand units, reducing by -4.4% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 an increase of 16%. The export price peaked at $64 per thousand units in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($344 per thousand units), while the average price for exports to Senegal ($10 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 Malaysia (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Spain
In 2022, imports of electrical fuses for under 1000 v into Spain reduced to 1.1B units, dropping by -5.9% on the year before. Over the period under review, imports showed a mild setback. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of 1.1B units, and then reduced in the following year.
In value terms, imports of electrical fuses for under 1000 v shrank to $49M in 2022. Overall, imports saw a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by 14%. Over the period under review, imports of hit record highs at $51M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Fuses for Under 1000 V in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.5 | 13.8 | 14.3 | 14.3 | 1.9% |
| France | 10.5 | 9.4 | 10.8 | 10.2 | -1.0% |
| Netherlands | 0.7 | 1.0 | 1.9 | 3.7 | 74.2% |
| China | 2.7 | 1.7 | 3.7 | 3.7 | 11.1% |
| United Kingdom | 4.0 | 3.2 | 2.0 | 2.4 | -15.7% |
| Italy | 2.9 | 2.8 | 3.3 | 2.1 | -10.2% |
| Morocco | 1.8 | 1.3 | 2.1 | 2.1 | 5.3% |
| Slovenia | 1.6 | 1.3 | 0.8 | 1.1 | -11.7% |
| Others | 13.8 | 9.6 | 11.4 | 10.0 | -10.2% |
| Total | 51.4 | 44.2 | 50.3 | 49.5 | -1.2% |
Top Suppliers of Electrical Fuses for Under 1000 V to Spain in 2022:
- Germany (464.3M units)
- China (152.9M units)
- France (149.9M units)
- Morocco (97.2M units)
- Slovenia (49.2M units)
- Italy (42.1M units)
- Netherlands (23.8M units)
- United Kingdom (2.5M units)
Exports of Electrical Fuses for Under 1000 V in Spain
In 2022, after three years of growth, there was significant decline in overseas shipments of electrical fuses for under 1000 v, when their volume decreased by -7.1% to 813M units. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. Over the period under review, the exports of attained the maximum at 876M units in 2021, and then dropped in the following year.
In value terms, exports of electrical fuses for under 1000 v contracted to $38M in 2022. In general, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.3%. The exports peaked at $43M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Fuses for Under 1000 V in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.5 | 5.6 | 7.6 | 5.1 | -7.8% |
| Morocco | 7.4 | 10.2 | 6.1 | 4.7 | -14.0% |
| Italy | 2.0 | 2.3 | 3.7 | 4.3 | 29.1% |
| United Kingdom | 3.4 | 1.8 | 2.7 | 2.6 | -8.6% |
| Germany | 3.3 | 3.9 | 2.3 | 2.1 | -14.0% |
| Israel | 0.4 | 0.4 | 1.9 | 1.4 | 51.8% |
| Portugal | 1.1 | 1.1 | 1.8 | 1.4 | 8.4% |
| South Africa | 0.6 | 0.5 | 0.8 | 1.1 | 22.4% |
| Oman | 0.7 | 0.1 | 0.3 | 0.8 | 4.6% |
| Peru | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| Belgium | 0.5 | 1.5 | 0.5 | 0.3 | -15.7% |
| Argentina | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
| Senegal | N/A | 0.5 | N/A | 0.2 | -36.8% |
| Others | 16.9 | 14.2 | 14.7 | 13.3 | -7.7% |
| Total | 43.2 | 42.7 | 42.8 | 38.0 | -4.2% |
Top Export Markets for Electrical Fuses for Under 1000 V from Spain in 2022:
- Morocco (138.9M units)
- France (132.3M units)
- Italy (117.5M units)
- Israel (50.7M units)
- South Africa (39.2M units)
- Oman (36.5M units)
- Germany (35.4M units)
- Senegal (24.0M units)
- Portugal (20.3M units)
- United Kingdom (16.1M units)
- Argentina (15.6M units)
- Peru (12.2M units)
- Belgium (11.5M units)
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