Report World - Electrical Fuses - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Electrical Fuses - Market Analysis, Forecast, Size, Trends and Insights

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Global Electrical Fuse Market 2024

Electrical Fuse Market Size

The global electrical fuse market amounted to $X in 2021, increasing by 3.5% against the previous year. Over the period under review, consumption showed a slight descent. Over the period under review, the global market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electrical Fuse Production

In value terms, electrical fuse production stood at $X in 2021 estimated in export price. In general, production showed a slight contraction. The pace of growth was the most pronounced in 2015 when the production volume increased by 6.5% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Electrical Fuse Exports

Exports

Global electrical fuse exports skyrocketed to X tons in 2021, jumping by 29% compared with the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. 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. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) and Mexico (X tons) were the major exporters of electrical fuses in 2021, amounting to approx. 21% and 17% of total exports, respectively. The United States (X tons) took a 5.5% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (4.9%), Germany (4.8%) and Japan (4.7%). France (X tons), Italy (X tons), Slovenia (X tons), the Netherlands (X tons), Hungary (X tons), Thailand (X tons) and the UK (X tons) followed a long way behind the leaders.

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

In value terms, the largest electrical fuse supplying countries worldwide were Hong Kong SAR ($X), China ($X) and Mexico ($X), with a combined 35% share of global exports. These countries were followed by Japan, the United States, Germany, France, the Netherlands, Thailand, Italy, the UK, Hungary and Slovenia, which together accounted for a further 42%.

Thailand, with a CAGR of +5.3%, saw the highest growth rate of 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.

Export Prices by Country

In 2021, the average electrical fuse export price amounted to $X per ton, reducing by -2.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2017 an increase of 11% against the previous year. The global export price peaked at $X per ton in 2020, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Slovenia ($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 global leaders experienced more modest paces of growth.

Electrical Fuse Imports

Imports

Global electrical fuse imports expanded markedly to X tons in 2021, increasing by 14% against the year before. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 27%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of global imports failed to regain momentum.

In value terms, electrical fuse imports soared to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained 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 Mexico (X tons), Nigeria (X tons), China (X tons), Germany (X tons), Hong Kong SAR (X tons), France (X tons), the UK (X tons), the Netherlands (X tons), Thailand (X tons), South Korea (X tons), the Czech Republic (X tons) and Italy (X tons), together finishing at 50% of total import. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +12.7%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest electrical fuse importing markets worldwide were China ($X), Hong Kong SAR ($X) and Mexico ($X), with a combined 26% share of global imports. Germany, the Netherlands, South Korea, France, Thailand, Italy, the UK, Indonesia, the Czech Republic and Nigeria lagged somewhat behind, together accounting for a further 25%.

In terms of the main importing countries, Nigeria, with a CAGR of +10.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electrical fuse import price amounted to $X per ton, growing by 9.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain 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 Hong Kong SAR ($X per ton), while Nigeria ($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 global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of electrical fuse consumption, accounting for 26% of total volume. Moreover, electrical fuse consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by Germany, with an 11% share.
China remains the largest electrical fuse producing country worldwide, accounting for 27% of total volume. Moreover, electrical fuse production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Germany, with an 11% share.
In value terms, the largest electrical fuse supplying countries worldwide were Hong Kong SAR, China and Mexico, with a combined 35% share of global exports. Japan, the United States, Germany, France, the Netherlands, Thailand, Italy, the UK, Hungary and Slovenia lagged somewhat behind, together accounting for a further 42%.
In value terms, the largest electrical fuse importing markets worldwide were China, Hong Kong SAR and Mexico, with a combined 26% share of global imports. These countries were followed by Germany, the Netherlands, South Korea, France, Thailand, Italy, the UK, Indonesia, the Czech Republic and Nigeria, which together accounted for a further 25%.
The average electrical fuse export price stood at $30,859 per ton in 2021, waning by -2.2% against the previous year.
The average electrical fuse import price stood at $33,456 per ton in 2021, surging by 9.8% against the previous year.

This report provides an in-depth analysis of the global electrical fuse market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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