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

Contents:

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

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

The average import price for electrical fuses for under 1000 v stood at $26 per thousand units in 2022, with an increase of 47% against the previous year. In general, the import price saw noticeable growth. The pace of growth was the most pronounced in 2017 an increase of 68%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($55 per thousand units), while the price for Slovenia ($4.6 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for electrical fuses for under 1000 v amounted to $0.1 per unit, increasing by 31% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 144%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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 Tanzania ($1 per unit), while the average price for exports to Rwanda (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+58.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Fuses for Under 1000 V in Uganda

Imports of electrical fuses for under 1000 v into Uganda fell notably to 8.1M units in 2022, waning by -60.4% against the previous year. Over the period under review, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, imports of reached the peak figure at 22M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electrical fuses for under 1000 v fell notably to $214K in 2022. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $368K, and then shrank remarkably in the following year.

Import of Electrical Fuses for Under 1000 V in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13914394.342.6-32.6%
ThailandN/A0.10.636.31805.3%
China66.953.916629.8-23.6%
South Korea1.53.735.127.0162.1%
United States2.22.76.118.5103.4%
South Africa13.92.41.010.7-8.4%
United Kingdom17.112.29.16.4-27.9%
Pakistan1.30.12.82.117.3%
United Arab Emirates11.04.02.40.4-66.9%
Others53.647.650.740.1-9.2%
Total307269368214-11.3%

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

  1. Thailand (2141.4K units)
  2. China (2109.7K units)
  3. India (1250.6K units)
  4. South Korea (690.6K units)
  5. South Africa (424.0K units)
  6. United States (334.9K units)
  7. Pakistan (264.5K units)
  8. United Kingdom (213.1K units)
  9. United Arab Emirates (74.2K units)

Exports of Electrical Fuses for Under 1000 V in Uganda

For the third consecutive year, Uganda recorded decline in shipments abroad of electrical fuses for under 1000 v, which decreased by -9.9% to 7.9K units in 2022. Overall, exports saw a precipitous setback. The exports peaked at 1.1M 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 $891 in 2022. In general, exports faced a sharp curtailment. The exports peaked at $40K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electrical Fuses for Under 1000 V in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi28.90.90.60.7-71.1%
Germany6.30.20.10.1-74.9%
Kenya0.2N/AN/AN/A0%
Rwanda0.1N/AN/AN/A0%
Democratic Republic of the Congo3.0N/AN/AN/A0%
South Africa0.3N/AN/AN/A0%
Others1.1N/AN/AN/A0%
Total39.81.10.80.9-71.7%

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

  1. Burundi (3.8K units)
  2. Germany (2.6K units)
  3. Democratic Republic of the Congo (0.8K units)
  4. Rwanda (0.4K units)
  5. South Africa (0.1K units)
  6. Kenya (0.1K units)

Source: IndexBox Market Intelligence Platform

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