France: Electrical Fuse Market 2024

Electrical Fuse Market Size in France

The French electrical fuse market expanded notably to $X in 2021, picking up by 12% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Electrical Fuse Production in France

In value terms, electrical fuse production expanded sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2017 when the production volume increased by 47%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Electrical Fuse Exports

Exports from France

After three years of decline, shipments abroad of electrical fuses increased by 30% to X tons in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 42% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, electrical fuse exports soared to $X in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 46% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons) was the main destination for electrical fuse exports from France, with a 19% share of total exports. Moreover, electrical fuse exports to Germany exceeded the volume sent to the second major destination, Tunisia (X tons), twofold. The third position in this ranking was taken by Sweden (X tons), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+30.6% per year) and Sweden (+18.3% per year).

In value terms, the largest markets for electrical fuse exported from France were Tunisia ($X), Germany ($X) and Japan ($X), together accounting for 39% of total exports.

Among the main countries of destination, Tunisia, with a CAGR of +37.1%, saw the highest rates of growth with regard to 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 average electrical fuse export price amounted to $X per ton, declining by -2.1% against the previous year. Overall, the export price showed a mild slump. The growth pace was the most rapid in 2019 an increase of 4.4% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Poland ($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 Tunisia (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Fuse Imports

Imports into France

In 2021, imports of electrical fuses into France skyrocketed to X tons, rising by 19% compared with 2020. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 33%. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2021.

In value terms, electrical fuse imports surged to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 32%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Hungary (X tons), Spain (X tons) and Tunisia (X tons) were the main suppliers of electrical fuse imports to France, together accounting for 64% of total imports. These countries were followed by Germany, China, Mexico, Egypt, Turkey, Italy, India, Belgium and the United States, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +191.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Tunisia ($X) and Germany ($X) were the largest electrical fuse suppliers to France, with a combined 39% share of total imports. These countries were followed by Spain, Mexico, China, Italy, India, Egypt, Belgium, Turkey and the United States, which together accounted for a further 44%.

Egypt, with a CAGR of +203.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical fuse import price stood at $X per ton in 2021, growing by 1.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 33%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Hungary ($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 United States (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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