Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria (CIF) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria (CIF) - 2024
In January 2024, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $29,153 per ton, dropping by -4.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 40% m-o-m. Over the period under review, average import prices attained the maximum at $39,230 per ton in August 2023; however, from September 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($65,692 per ton), while the price for Turkey ($16,421 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria (FOB) - 2022
In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $28,278 per ton, picking up by 4.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2018 an increase of 18%. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($58,251 per ton), while the average price for exports to Romania ($9,378 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria
In 2022, approx. 4.3K tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were imported into Bulgaria; with an increase of 18% on 2021. In general, imports, however, recorded a dramatic contraction.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors declined slightly to $114M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $115M, leveling off in the following year.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.8 | 25.0 | 29.4 | 24.3 | 0.7% |
| Hungary | 17.5 | 15.6 | 18.6 | 14.8 | -5.4% |
| Romania | 16.6 | 15.3 | 17.6 | 14.2 | -5.1% |
| China | 6.6 | 5.4 | 10.3 | 13.6 | 27.3% |
| Czech Republic | 5.7 | 3.5 | 6.8 | 8.4 | 13.8% |
| Turkey | 2.7 | 3.2 | 4.7 | 7.3 | 39.3% |
| Portugal | 2.1 | 3.7 | 5.3 | 6.2 | 43.5% |
| Italy | 3.2 | 4.0 | 4.2 | 4.7 | 13.7% |
| Netherlands | 2.2 | 2.5 | 4.4 | 3.8 | 20.0% |
| Poland | 3.1 | 2.5 | 2.6 | 3.3 | 2.1% |
| France | 1.6 | 1.6 | 1.1 | 1.5 | -2.1% |
| Others | 9.5 | 7.3 | 9.4 | 12.1 | 8.4% |
| Total | 94.7 | 89.6 | 115 | 114 | 6.4% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Bulgaria in 2022:
- Germany (1173.4 tons)
- China (848.2 tons)
- Turkey (610.7 tons)
- Italy (288.9 tons)
- Hungary (247.5 tons)
- Romania (215.0 tons)
- Czech Republic (159.1 tons)
- Poland (144.3 tons)
- Netherlands (142.6 tons)
- Portugal (87.6 tons)
- France (87.6 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria
Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Bulgaria rose sharply to 2K tons in 2022, growing by 7.7% compared with 2021. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded significantly to $57M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.5 | 18.2 | 24.5 | 26.1 | 21.6% |
| Italy | 4.6 | 4.7 | 6.1 | 7.3 | 16.6% |
| Switzerland | 3.9 | 4.1 | 5.7 | 6.7 | 19.8% |
| Austria | 2.7 | 2.6 | 2.9 | 2.5 | -2.5% |
| Liechtenstein | N/A | N/A | N/A | 2.4 | 0% |
| Slovakia | 1.4 | 1.8 | 2.1 | 1.7 | 6.7% |
| Romania | 0.6 | 0.7 | 1.7 | 1.3 | 29.4% |
| Others | 7.9 | 5.6 | 7.3 | 8.9 | 4.1% |
| Total | 35.6 | 37.6 | 50.3 | 56.8 | 16.9% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Bulgaria in 2022:
- Germany (986.1 tons)
- Italy (274.7 tons)
- Austria (150.9 tons)
- Romania (137.4 tons)
- Switzerland (114.7 tons)
- Slovakia (86.4 tons)
- Liechtenstein (47.2 tons)
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