Hong Kong SAR, China - Insulated electric conductors for a voltage over 1000 V - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR - 2023
Contents:
- Price for Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR (FOB) - 2023
- Imports of Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR
- Exports of Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR
Price for Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage over 1000 v amounted to $6,667 per ton, jumping by 22% against the previous year. Overall, the import price, however, showed a pronounced downturn. Over the period under review, average import prices hit record highs at $10,027 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($42,548 per ton), while the price for China ($4,366 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR (FOB) - 2023
The average export price for insulated electric conductors for a voltage over 1000 v stood at $65,122 per ton in October 2023, with an increase of 115% against the previous month. In general, the export price, however, showed a perceptible shrinkage. Over the period under review, the average export prices hit record highs at $146K per ton in February 2023; however, from March 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($248K per ton), while the average price for exports to China ($45,240 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR
In 2022, the amount of insulated electric conductors for a voltage over 1000 v imported into Hong Kong SAR dropped rapidly to 3.6K tons, waning by -30.4% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt slump. The smallest decline of -1.3% was in 2021.
In value terms, imports of insulated electric conductors for a voltage over 1000 v shrank significantly to $24M in 2022. In general, imports showed a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by 8.4%. As a result, imports reached the peak of $28M, and then declined sharply in the following year.
| Import of Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.5 | 15.6 | 20.1 | 14.5 | 2.4% |
| Japan | 6.8 | 6.3 | 6.6 | 6.7 | -0.5% |
| South Korea | 4.9 | 1.8 | N/A | 1.2 | -37.4% |
| United Arab Emirates | 0.4 | 0.7 | 0.3 | N/A | -13.4% |
| Others | 1.2 | 1.5 | 0.9 | 1.4 | 5.3% |
| Total | 26.8 | 25.8 | 28.0 | 23.7 | -4.0% |
Top Suppliers of Insulated Electric Conductors for A Voltage over 1000 V to Hong Kong SAR in 2022:
- China (3.3K tons)
- Japan (0.2K tons)
- South Korea (0.1K tons)
Exports of Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR
In 2022, shipments abroad of insulated electric conductors for a voltage over 1000 v decreased by -9.1% to 206 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, the exports attained the peak of 359 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of insulated electric conductors for a voltage over 1000 v soared to $20M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Insulated Electric Conductors for A Voltage over 1000 V in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.1 | 10.8 | 13.5 | 13.6 | 7.0% |
| Malaysia | N/A | N/A | 0.1 | 2.8 | 2700.0% |
| United States | 0.7 | 0.5 | 0.8 | 1.8 | 37.0% |
| South Korea | N/A | N/A | 0.1 | 0.9 | 800.0% |
| Taiwan (Chinese) | 1.4 | 0.5 | 0.3 | 0.1 | -58.5% |
| Others | 0.9 | 0.8 | 1.6 | 1.0 | 3.6% |
| Total | 14.1 | 12.6 | 16.4 | 20.2 | 12.7% |
Top Export Markets for Insulated Electric Conductors for A Voltage over 1000 V from Hong Kong SAR in 2022:
- China (323.1 tons)
- Malaysia (175.3 tons)
- South Korea (14.5 tons)
- United States (11.1 tons)
- Taiwan (Chinese) (1.3 tons)
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in Hong Kong SAR, China. 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 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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