South Africa: Electrical Fuse Market 2025

Electrical Fuse Market Size in South Africa

The South African electrical fuse market soared to $X in 2021, growing by 59% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a noticeable expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Electrical Fuse Exports

Exports from South Africa

In 2021, electrical fuse exports from South Africa shrank to X tons, dropping by -3.2% compared with 2020 figures. In general, exports recorded a mild curtailment. The growth pace was the most rapid in 2019 when exports increased by 87%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, electrical fuse exports skyrocketed to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 75%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Lesotho (X tons), Swaziland (X tons) and Namibia (X tons) were the main destinations of electrical fuse exports from South Africa, together comprising 43% of total exports.

From 2012 to 2021, the biggest increases were recorded for Swaziland (with a CAGR of +4.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Botswana ($X) and Namibia ($X) constituted the largest markets for electrical fuse exported from South Africa worldwide, together comprising 35% of total exports.

Zimbabwe, with a CAGR of +4.0%, recorded the highest rates of growth with regard to the value of exports, among 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, increasing by 31% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 38%. As a result, the export price attained the peak level of $X per ton. From 2019 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 Zimbabwe ($X per ton), while the average price for exports to Lesotho ($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 Lesotho (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Fuse Imports

Imports into South Africa

Electrical fuse imports into South Africa rose significantly to X tons in 2021, picking up by 10% on 2020. In general, imports showed a modest expansion. The growth pace was the most rapid in 2019 with an increase of 27% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electrical fuse imports skyrocketed to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of electrical fuse to South Africa, with a 49% share of total imports. Moreover, electrical fuse imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by Mexico (X tons), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-1.4% per year) and Mexico (+7.5% per year).

In value terms, the largest electrical fuse suppliers to South Africa were China ($X), India ($X) and Hungary ($X), together accounting for 53% of total imports. These countries were followed by Mexico, Germany, Brazil, Spain, Japan, Taiwan (Chinese), France and Slovenia, which together accounted for a further 27%.

In terms of the main suppliers, Brazil, with a CAGR of +12.4%, saw the highest growth rate of the value of imports, 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, increasing by 27% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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