Germany: Electrical Fuse Market 2025

Electrical Fuse Market Size in Germany

In 2021, the German electrical fuse market decreased by -7.6% to $X, falling for the third consecutive year after four years of growth. In general, consumption, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2017 when the market value increased by 4.9%. Electrical fuse consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electrical Fuse Production in Germany

In value terms, electrical fuse production fell markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 2.7%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Electrical Fuse Exports

Exports from Germany

Electrical fuse exports from Germany soared to X tons in 2021, picking up by 20% compared with 2020. In general, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.1% 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 +80.2% against 2014 indices. The pace of growth appeared the most rapid in 2018 with an increase of 23%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, electrical fuse exports surged to $X in 2021. Overall, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% 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 +96.4% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Romania (X tons) and Spain (X tons) were the main destinations of electrical fuse exports from Germany, with a combined 36% share of total exports. These countries were followed by the Netherlands, the United States, China, the Czech Republic, Austria, Italy, Sweden, France, Mexico and Hungary, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +29.5%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Poland ($X) and China ($X) were the largest markets for electrical fuse exported from Germany worldwide, together accounting for 28% of total exports. These countries were followed by the United States, Italy, Hungary, the Czech Republic, the Netherlands, Spain, Austria, France, Mexico and Sweden, which together accounted for a further 38%.

Mexico, with a CAGR of +28.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electrical fuse export price stood at $X per ton in 2021, picking up by 3.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 11%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Spain ($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 Austria (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Fuse Imports

Imports into Germany

In 2021, approx. X tons of electrical fuses were imported into Germany; increasing by 24% against the previous year's figure. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical fuse imports soared to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +103.2% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main suppliers of electrical fuse imports to Germany, with a combined 45% share of total imports. These countries were followed by the Netherlands, Slovenia, Italy, China, India, Mexico and Greece, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +19.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical fuse suppliers to Germany were the Netherlands ($X), France ($X) and the Czech Republic ($X), together comprising 46% of total imports. Italy, China, Hungary, Slovenia, Mexico, India and Greece lagged somewhat behind, together accounting for a further 35%.

Italy, with a CAGR of +20.7%, recorded the highest rates of growth with regard to the value of imports, among 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, with an increase of 9.7% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Slovenia ($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 (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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