Poland: Electrical Fuse Market 2024

Electrical Fuse Market Size in Poland

In 2021, the Polish electrical fuse market decreased by -3.5% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Electrical Fuse Production in Poland

In value terms, electrical fuse production fell significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 6.8% against the previous year. Electrical fuse production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Electrical Fuse Exports

Exports from Poland

For the fourth consecutive year, Poland recorded growth in overseas shipments of electrical fuses, which increased by 35% to X tons in 2021. In general, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +69.6% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical fuse exports soared to $X in 2021. Overall, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.1% 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 +61.4% against 2014 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons), Germany (X tons) and Lithuania (X tons) were the main destinations of electrical fuse exports from Poland, together accounting for 65% of total exports. These countries were followed by the Czech Republic, Ukraine, China, Romania, Italy, Sweden and Latvia, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +15.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electrical fuses exports from Poland, comprising 37% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 10% share of total exports. It was followed by the Czech Republic, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+15.0% per year) and the Czech Republic (+16.3% per year).

Export Prices by Country

In 2021, the average electrical fuse export price amounted to $X per ton, with an increase of 2.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2014 when the average export price increased by 28% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Lithuania ($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 Latvia (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Fuse Imports

Imports into Poland

In 2021, approx. X tons of electrical fuses were imported into Poland; jumping by 22% on 2020 figures. Overall, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 42% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, electrical fuse imports surged to $X in 2021. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 40% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Slovenia (X tons), Germany (X tons) and China (X tons) were the main suppliers of electrical fuse imports to Poland, with a combined 62% share of total imports. The Netherlands, France, the Czech Republic, Hungary, South Korea, Denmark, Italy, Turkey, Finland and Romania lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +71.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical fuses to Poland, comprising 34% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.2% per year) and the Netherlands (+30.2% per year).

Import Prices by Country

The average electrical fuse import price stood at $X per ton in 2021, with an increase of 2.6% against the previous year. Over the period under review, the import price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 18% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Slovenia ($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 Czech Republic (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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