Price for Electrical Fuses for Under 1000 V in Ukraine - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Ukraine (CIF) - 2024
- Price for Electrical Fuses for Under 1000 V in Ukraine (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Ukraine
- Exports of Electrical Fuses for Under 1000 V in Ukraine
Price for Electrical Fuses for Under 1000 V in Ukraine (CIF) - 2024
In January 2024, the average import price for electrical fuses for under 1000 v amounted to $61.4 per thousand units, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in August 2023 an increase of 24% against the previous month. Over the period under review, average import prices reached the peak figure at $68.9 per thousand units in June 2023; however, from July 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($146 per thousand units), while the price for Slovakia ($24.0 per thousand units) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Ukraine (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $83 per thousand units, rising by 78% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 99.9%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($332 per thousand units), while the average price for exports to Georgia ($7.7 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 Serbia (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Ukraine
In 2022, imports of electrical fuses for under 1000 v into Ukraine skyrocketed to 193M units, increasing by 16% against the previous year's figure. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of electrical fuses for under 1000 v reached $10M in 2022. The total import value increased at an average annual rate of +9.9% 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 when imports increased by 32% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Electrical Fuses for Under 1000 V in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,030 | 909 | 2,452 | 3,226 | 46.3% |
| Mexico | 1,735 | 1,951 | 2,153 | 1,943 | 3.8% |
| China | 1,260 | 1,238 | 1,172 | 1,882 | 14.3% |
| Italy | 185 | 63.1 | 207 | 876 | 67.9% |
| Hungary | 538 | 174 | 413 | 388 | -10.3% |
| Romania | 850 | 868 | 81.4 | 238 | -34.6% |
| Slovenia | 285 | 162 | 263 | 152 | -18.9% |
| Slovakia | 1.7 | 2.8 | 30.5 | 132 | 326.6% |
| Others | 1,966 | 2,142 | 3,129 | 1,571 | -7.2% |
| Total | 7,851 | 7,509 | 9,900 | 10,408 | 9.9% |
Top Suppliers of Electrical Fuses for Under 1000 V to Ukraine in 2022:
- Germany (63.0M units)
- Mexico (44.6M units)
- China (34.2M units)
- Italy (16.3M units)
- Hungary (7.2M units)
- Slovakia (6.2M units)
- Slovenia (5.3M units)
- Romania (4.6M units)
Exports of Electrical Fuses for Under 1000 V in Ukraine
Exports of electrical fuses for under 1000 v from Ukraine fell remarkably to 6.2M units in 2022, which is down by -30.6% against the previous year. In general, exports recorded a dramatic curtailment. The smallest decline of -14.5% was in 2021. Over the period under review, the exports of hit record highs at 15M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical fuses for under 1000 v surged to $517K in 2022. The total export value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Fuses for Under 1000 V in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 84.2 | 112 | 113 | 239 | 41.6% |
| Poland | 41.9 | 34.2 | 42.1 | 48.3 | 4.9% |
| Romania | 0.7 | 0.7 | 8.5 | 45.5 | 302.1% |
| Serbia | N/A | 0.4 | N/A | 45.4 | 965.4% |
| Moldova | 17.3 | 8.5 | 13.4 | 9.9 | -17.0% |
| Russia | 127 | 134 | 149 | 9.7 | -57.6% |
| Czech Republic | 1.1 | 10.8 | 3.5 | 8.9 | 100.8% |
| Georgia | 19.2 | 15.0 | 17.6 | 0.2 | -78.2% |
| Azerbaijan | 18.5 | 12.3 | N/A | N/A | -33.5% |
| Others | 65.3 | 49.2 | 71.1 | 110 | 19.0% |
| Total | 375 | 377 | 418 | 517 | 11.3% |
Top Export Markets for Electrical Fuses for Under 1000 V from Ukraine in 2022:
- Romania (1607.4K units)
- Serbia (1173.4K units)
- Hungary (720.7K units)
- Poland (647.7K units)
- Czech Republic (624.4K units)
- Moldova (618.9K units)
- Russia (168.3K units)
- Georgia (27.1K units)
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