Price for Electrical Fuses for Under 1000 V in the Czech Republic - 2024

Contents:

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

Price for Electrical Fuses for Under 1000 V in the Czech Republic (FOB) - 2022

The average export price for electrical fuses for under 1000 v stood at $70 per thousand units in 2022, standing approx. at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $74 per thousand units in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($144 per thousand units), while the average price for exports to Hungary ($30 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 Russia (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electrical Fuses for Under 1000 V in the Czech Republic (CIF) - 2022

The average import price for electrical fuses for under 1000 v stood at $37 per thousand units in 2022, which is down by -12.4% against the previous year. In general, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $45 per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($157 per thousand units), while the price for Greece ($24 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electrical Fuses for Under 1000 V in the Czech Republic

Exports of electrical fuses for under 1000 v from the Czech Republic soared to 678M units in 2022, with an increase of 22% against the previous year's figure. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical fuses for under 1000 v surged to $47M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Electrical Fuses for Under 1000 V in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.416.320.620.78.1%
China1.9N/A0.13.421.4%
Romania1.51.62.32.213.6%
Italy1.91.82.22.25.0%
Austria1.11.01.51.613.3%
Netherlands1.11.11.41.510.9%
Hong Kong SAR1.41.41.61.40.0%
Poland1.01.01.31.39.1%
Turkey0.40.20.51.035.7%
Slovakia0.80.60.71.07.7%
Russia1.50.70.90.6-26.3%
Hungary0.40.40.50.40.0%
Others7.73.85.69.98.7%
Total36.929.939.147.28.6%

Top Export Markets for Electrical Fuses for Under 1000 V from the Czech Republic in 2022:

  1. Germany (322.9M units)
  2. Poland (34.1M units)
  3. China (33.5M units)
  4. Netherlands (29.3M units)
  5. Austria (26.7M units)
  6. Italy (26.2M units)
  7. Turkey (18.3M units)
  8. Slovakia (16.5M units)
  9. Hong Kong SAR (16.2M units)
  10. Romania (15.4M units)
  11. Hungary (12.8M units)
  12. Russia (6.7M units)

Imports of Electrical Fuses for Under 1000 V in the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in overseas purchases of electrical fuses for under 1000 v, which increased by 12% to 1.3B units in 2022. The total import volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of electrical fuses for under 1000 v contracted to $47M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $48M, and then dropped modestly in the following year.

Import of Electrical Fuses for Under 1000 V in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.012.617.014.914.2%
Greece9.89.711.313.09.9%
China1.40.91.73.434.4%
Netherlands0.53.83.52.673.2%
France1.50.91.72.213.6%
United Kingdom0.61.93.22.049.4%
Slovenia1.00.91.52.026.0%
South KoreaN/A1.20.71.34.1%
Others8.23.67.45.6-11.9%
Total33.035.447.947.012.5%

Top Suppliers of Electrical Fuses for Under 1000 V to the Czech Republic in 2022:

  1. Greece (531.3M units)
  2. Germany (390.9M units)
  3. Slovenia (85.5M units)
  4. China (51.1M units)
  5. United Kingdom (42.5M units)
  6. Netherlands (28.0M units)
  7. France (27.6M units)
  8. South Korea (19.8M units)

Source: IndexBox Market Intelligence Platform

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