Fuse and Detonator Market

Fuse and detonator market: download new datasets secured by an Ai-driven market research platform. Data include exports, market size, imports, companies, trade, consumption, market prices, and production. There is a split by country, including EU, the Middle East, the U.S., Africa, the U.K., Latin America, China, and Russia. Market insights and outlook to 2030 are also provided in the snapshots.

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Fuse and Detonator - World's Largest Markets

Rating	Country
1	Japan
2	China
3	United States
4	Mexico
5	India

In value terms, the largest fuse and detonator markets worldwide were Japan, China and the United States, with a combined 34% share of the global market.

Japan recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while fuse and detonator market for the other global leaders experienced more modest paces of growth.

Fuse And Detonator Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
India	10590	11039	10332	-1.2%
Poland	15661	15910	13545	-7.0%
Russia	19677	16600	14852	-13.1%
Peru	13491	11294	15448	7.0%
South Africa	18355	21848	16295	-5.8%
China	14100	14746	17240	10.6%
Spain	22311	21143	22684	0.8%
United States	43743	47126	50696	7.7%
Mexico	29788	53147	51446	31.4%
Germany	96425	98558	65505	-17.6%
Czech Republic	76106	72161	65657	-7.1%
France	52583	64876	72183	17.2%
Canada	97065	88656	107538	5.3%
Average	35242	38816	36912	2.3%

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($107,538 per ton), while India ($10,332 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Australia	38683	57853	69500	34.0%
Indonesia	29523	35651	41025	17.9%
Canada	30281	33816	32429	3.5%
Romania	28990	30701	29808	1.4%
Chile	25921	29154	27313	2.6%
United States	29907	28122	26373	-6.1%
Switzerland	32574	35540	24367	-13.5%
South Africa	20820	26638	22321	3.5%
Zambia	19423	19473	17833	-4.2%
Turkey	17099	17582	17357	0.8%
Zimbabwe	16358	15739	13100	-10.5%
Burkina Faso	15373	16132	12798	-8.8%
Kazakhstan	11350	9639	10240	-5.0%
Average	30428	31779	31207	1.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Australia ($69,500 per ton), while Kazakhstan ($10,240 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.

Fuse and Detonator - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.3	0.3	0.2	-14.9%
Australia	0.09	0.07	0.09	-1.8%
Canada	0.09	0.07	0.07	-14.1%
Indonesia	0.06	0.02	0.05	-6.6%
Chile	0.05	0.05	0.05	-4.1%

In value terms, the United States ($227M) constitutes the largest market for imported safety fuses, detonating fuses and electric detonators worldwide, comprising 16% of global imports. The second position in the ranking was occupied by Australia ($91M), with a 6.5% share of global imports. It was followed by Canada, with a 4.7% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States stood at -14.9%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (-1.8% per year) and Canada (-14.1% per year).

Fuse and Detonator - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.3	0.3	0.2	-12.6%
Czech Republic	0.3	0.2	0.2	-12.6%
France	0.1	0.1	0.1	8.8%
Canada	0.2	0.1	0.1	-11.8%
Germany	0.1	0.1	0.09	-11.6%

In value terms, the United States ($246M), the Czech Republic ($199M) and France ($149M) were the countries with the highest levels of exports in 2020, with a combined 44% share of global exports. These countries were followed by Canada, Germany, Mexico, Spain, South Africa, Russia, India, Peru, China and Poland, which together accounted for a further 38%.

Peru recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Fuse and Detonator - Market Forecast

Driven by rising demand for fuse and detonator worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.