Europe: Electrical Fuse Market 2024

Electrical Fuse Market Size in Europe

The Europe electrical fuse market skyrocketed to $X in 2021, surging by 43% against the previous year. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Electrical Fuse Production in Europe

In value terms, electrical fuse production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Electrical Fuse Exports

Exports in Europe

After three years of decline, overseas shipments of electrical fuses increased by 18% to X tons in 2021. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical fuse exports surged to $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons), Italy (X tons), Slovenia (X tons), the Netherlands (X tons), Hungary (X tons), the UK (X tons) and Spain (X tons) represented roughly 82% of total exports in 2021. Poland (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +6.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021, together comprising 48% of total exports. These countries were followed by Italy, the UK, Hungary, Spain, Slovenia and Poland, which together accounted for a further 36%.

In terms of the main exporting countries, Poland, with a CAGR of +8.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, growing by 4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 7.7% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.9%), while the other leaders experienced more modest paces of growth.

Electrical Fuse Imports

Imports in Europe

In 2021, approx. X tons of electrical fuses were imported in Europe; picking up by 25% compared with the previous year. The total import volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 28%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, electrical fuse imports surged to $X in 2021. The total import value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of electrical fuse imports in 2021 were Germany (X tons), France (X tons), the UK (X tons), the Netherlands (X tons), the Czech Republic (X tons), Italy (X tons), Belgium (X tons), Poland (X tons), Spain (X tons), Hungary (X tons) and Romania (X tons), together resulting at 80% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +12.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 39% share of total imports. These countries were followed by Italy, the UK, Spain, Poland, Romania, the Czech Republic, Hungary and Belgium, which together accounted for a further 40%.

In terms of the main importing countries, Poland, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, surging by 5.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 when the import price increased by 24%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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