Price for Electrical Fuses for Under 1000 V in Tanzania - 2023
Contents:
- Price for Electrical Fuses for Under 1000 V in Tanzania (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Tanzania (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Tanzania
- Exports of Electrical Fuses for Under 1000 V in Tanzania
Price for Electrical Fuses for Under 1000 V in Tanzania (CIF) - 2022
In 2022, the average import price for electrical fuses for under 1000 v amounted to $4.5 per thousand units, with a decrease of -2.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 83%. The import price peaked at $5.8 per thousand units in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($17 per thousand units), while the price for China ($2.5 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Fuses for Under 1000 V in Tanzania (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $6.4 per thousand units, shrinking by -51% against the previous year. Over the period under review, the export price faced a drastic downturn. The growth pace was the most rapid in 2019 an increase of 173%. Over the period under review, the average export prices reached the peak figure at $44 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 Kenya ($33 per thousand units), while the average price for exports to Zimbabwe ($3.8 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 Belgium (+41.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Fuses for Under 1000 V in Tanzania
In 2022, supplies from abroad of electrical fuses for under 1000 v increased by 4,549% to 3.5B units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v surged to $16M in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for Under 1000 V in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.2 | N/A | N/A | 14.7 | 318.9% |
| India | 0.2 | 0.1 | 0.1 | 0.7 | 51.8% |
| China | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Total | 0.8 | 0.4 | 0.3 | 15.8 | 170.3% |
Top Suppliers of Electrical Fuses for Under 1000 V to Tanzania in 2022:
- United Arab Emirates (3294.8M units)
- India (98.9M units)
- China (94.0M units)
Exports of Electrical Fuses for Under 1000 V in Tanzania
In 2022, exports of electrical fuses for under 1000 v from Tanzania soared to 2.7M units, jumping by 299% on the year before. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, the exports of hit record highs at 4.6M 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 skyrocketed to $17K in 2022. In general, exports, however, showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. The exports peaked at $172K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electrical Fuses for Under 1000 V in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 5.6 | 2.0 | 2.8 | 8.2 | 13.6% |
| Belgium | N/A | N/A | 0.4 | 5.1 | 1175.0% |
| Zimbabwe | N/A | N/A | N/A | 2.7 | 0% |
| South Africa | 0.1 | N/A | 0.5 | 0.3 | 44.2% |
| Kenya | 162 | N/A | N/A | 0.1 | -91.5% |
| Others | 3.8 | 2.5 | 5.1 | 0.9 | -38.1% |
| Total | 172 | 4.4 | 8.8 | 17.2 | -53.6% |
Top Export Markets for Electrical Fuses for Under 1000 V from Tanzania in 2022:
- Zambia (1615.3K units)
- Zimbabwe (705.5K units)
- Belgium (294.2K units)
- South Africa (49.1K units)
- Kenya (1.8K units)
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