Switzerland: Electrical Fuse Market 2024

Electrical Fuse Market Size in Switzerland

The Swiss electrical fuse market expanded significantly to $X in 2021, with an increase of 13% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Electrical Fuse Production in Switzerland

In value terms, electrical fuse production reached $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 13%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Electrical Fuse Exports

Exports from Switzerland

In 2021, the amount of electrical fuses exported from Switzerland rose rapidly to X tons, surging by 12% on 2020. The total export volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 19% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, electrical fuse exports rose significantly to $X in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.6% 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 +77.8% against 2016 indices. The growth pace was the most rapid in 2017 when exports increased by 32%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Hong Kong SAR (X tons) and the United States (X tons) were the main destinations of electrical fuse exports from Switzerland, with a combined 43% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +21.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electrical fuse exported from Switzerland were Germany ($X), Hong Kong SAR ($X) and Singapore ($X), with a combined 60% share of total exports.

Hong Kong SAR, with a CAGR of +26.0%, saw 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, surging by 2.5% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electrical fuse export price decreased by -3.2% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 29%. As a result, the export price reached the peak level of $X per ton. From 2020 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 Singapore ($X per ton), while the average price for exports to the Czech Republic ($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 Singapore (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Fuse Imports

Imports into Switzerland

In 2021, approx. X tons of electrical fuses were imported into Switzerland; growing by 67% against 2020 figures. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical fuse imports surged to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Hungary (X tons) constituted the largest electrical fuse supplier to Switzerland, with a 37% share of total imports. Moreover, electrical fuse imports from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hungary stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.3% per year) and France (+7.3% per year).

In value terms, Germany ($X), China ($X) and Hungary ($X) constituted the largest electrical fuse suppliers to Switzerland, together comprising 48% of total imports.

China, with a CAGR of +10.0%, recorded the highest growth rate of 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, reducing by -23.6% against the previous year. Overall, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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