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Russian Federation - Electrical Fuses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Electrical Fuse Market 2024
Electrical Fuse Market Size in the Russian Federation
The Russian electrical fuse market soared to $X in 2021, increasing by 67% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a perceptible decline. Electrical fuse consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Electrical Fuse Exports
Exports from the Russian Federation
Electrical fuse exports from Russia soared to X tons in 2021, increasing by 34% on 2020 figures. In general, total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +91.4% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical fuse exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a slight reduction. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
Kazakhstan (X tons) was the main destination for electrical fuse exports from Russia, with a 48% share of total exports. Moreover, electrical fuse exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), threefold. The third position in this ranking was held by Ukraine (X tons), with an 8.5% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan amounted to +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+0.2% per year) and Ukraine (+1.5% per year).
In value terms, the largest markets for electrical fuse exported from Russia were Kazakhstan ($X), Belarus ($X) and Ukraine ($X), together accounting for 61% of total exports. Uzbekistan, Armenia, Tajikistan, Kyrgyzstan, Moldova, Latvia, Azerbaijan and Mongolia lagged somewhat behind, together comprising a further 16%.
Kyrgyzstan, with a CAGR of +28.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average electrical fuse export price stood at $X per ton in 2021, which is down by -3.5% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 13%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+1.5%), while the prices for the other major destinations experienced a decline.
Electrical Fuse Imports
Imports into the Russian Federation
In 2021, the amount of electrical fuses imported into Russia skyrocketed to X tons, increasing by 52% compared with the year before. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.
In value terms, electrical fuse imports soared to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest electrical fuse supplier to Russia, with a 60% share of total imports. Moreover, electrical fuse imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), ninefold. The third position in this ranking was taken by Mexico (X tons), with a 5% share.
From 2012 to 2021, the average annual growth rate of volume from China stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-5.6% per year) and Mexico (+11.4% per year).
In value terms, China ($X) constituted the largest supplier of electrical fuses to Russia, comprising 28% of total imports. The second position in the ranking was taken by Mexico ($X), with a 9% share of total imports. It was followed by South Korea, with a 7.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+11.0% per year) and South Korea (-9.2% per year).
Import Prices by Country
In 2021, the average electrical fuse import price amounted to $X per ton, waning by -4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 22%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electrical fuse market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27121010 - Fuses for a voltage > 1 kV
- Prodcom 27122130 - Fuses for a voltage . 1 kV and for a current . .10 A
- Prodcom 27122150 - Fuses for a voltage . 1 kV and for a current > .10 A but . .63 A
- Prodcom 27122170 - Fuses for a voltage . 1 kV and for a current > .63 A
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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