Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia - 2022
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $10,952 per ton, rising by 15% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $14,921 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($72,347 per ton), while the price for China ($7,704 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), 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 Colombia (FOB) - 2022
In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $16,877 per ton, increasing by 18% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +33.6% against 2020 indices. The growth pace was the most rapid in 2016 when the average export price increased by 65% against the previous year. The export price peaked at $18,703 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($82,194 per ton), while the average price for exports to Ecuador ($11,388 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 Mexico (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia
For the fourth consecutive year, Colombia recorded growth in supplies from abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors, which increased by 14% to 7.5K tons in 2022. The total import volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors surged to $83M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.3 | 27.6 | 38.5 | 42.5 | 17.3% |
| United States | 6.3 | 3.8 | 5.0 | 9.0 | 12.6% |
| Mexico | 3.5 | 2.8 | 4.8 | 6.0 | 19.7% |
| Brazil | 0.5 | 0.7 | 2.7 | 5.8 | 126.4% |
| Vietnam | 1.4 | 3.2 | 3.0 | 5.5 | 57.8% |
| South Korea | 1.9 | 1.4 | 1.5 | 1.1 | -16.7% |
| Others | 8.1 | 6.3 | 7.4 | 12.7 | 16.2% |
| Total | 48.2 | 45.9 | 62.7 | 82.6 | 19.7% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Colombia in 2022:
- China (5.5K tons)
- Brazil (0.6K tons)
- Vietnam (0.5K tons)
- Mexico (0.2K tons)
- United States (0.1K tons)
- South Korea (0.1K tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia
In 2022, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -37.9% to 142 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 49%. As a result, the exports attained the peak of 228 tons, and then fell significantly in the following year.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors shrank dramatically to $2.4M in 2022. Overall, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.0% 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 +23.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of $3.4M, and then shrank rapidly in the following year.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 423 | 482 | 445 | 667 | 16.4% |
| Peru | 747 | 425 | 608 | 627 | -5.7% |
| Dominican Republic | 0.7 | 0.7 | 12.6 | 241 | 600.9% |
| United States | 359 | 186 | 405 | 199 | -17.9% |
| Chile | 124 | 40.0 | 1,462 | 121 | -0.8% |
| Venezuela | 128 | 538 | 2.7 | 96.1 | -9.1% |
| China | 2.3 | 44.6 | 178 | 78.7 | 224.7% |
| Guatemala | 11.8 | 12.2 | 18.8 | 14.7 | 7.6% |
| Others | 401 | 219 | 233 | 356 | -3.9% |
| Total | 2,196 | 1,947 | 3,365 | 2,399 | 3.0% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Colombia in 2022:
- Ecuador (58.5 tons)
- Peru (29.4 tons)
- Dominican Republic (17.0 tons)
- Chile (8.6 tons)
- Venezuela (6.7 tons)
- United States (6.4 tons)
- China (4.2 tons)
- Guatemala (2.5 tons)
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