Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia - 2024

Contents:

  1. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia (CIF) - 2024
  2. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia (FOB) - 2022
  3. Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia
  4. Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia (CIF) - 2024

In January 2024, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $17,566 per ton, surging by 6.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 22% month-to-month. Over the period under review, average import prices attained the maximum at $23,005 per ton in April 2023; however, from May 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Bosnia and Herzegovina ($41,409 per ton), while the price for Turkey ($3,239 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 Hungary (+5.5%), 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 Croatia (FOB) - 2022

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $25,445 per ton, growing by 23% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 +75.8% against 2015 indices. The growth pace was the most rapid in 2013 an increase of 54% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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 Estonia ($50,326 per ton), while the average price for exports to Bulgaria ($8,550 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 Kosovo (+16.1%), 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 Croatia

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors imported into Croatia shrank slightly to 2.1K tons, approximately reflecting the previous year. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 2.2K tons, leveling off in the following year.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors rose sharply to $32M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +48.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.66.49.29.814.1%
Italy5.45.97.37.19.6%
China3.22.53.74.612.9%
Austria1.00.71.32.026.0%
Slovenia1.31.01.41.54.9%
Hungary0.60.70.90.914.5%
Poland0.40.50.70.720.5%
Others4.54.05.06.010.1%
Total23.121.829.532.411.9%

Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Croatia in 2022:

  1. Italy (679.3 tons)
  2. Germany (508.1 tons)
  3. China (498.3 tons)
  4. Austria (102.2 tons)
  5. Slovenia (81.5 tons)
  6. Poland (40.8 tons)
  7. Hungary (34.0 tons)

Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia

In 2022, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -25.5% to 911 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of 1.2K tons, and then reduced dramatically in the following year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors shrank to $23M in 2022. The total export value increased at an average annual rate of +9.7% 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 33% against the previous year. As a result, the exports attained the peak of $25M, and then dropped in the following year.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.24.57.76.817.4%
Finland2.72.82.82.70.0%
Slovakia1.51.61.92.315.3%
Switzerland0.50.71.51.853.3%
Bosnia and Herzegovina1.61.51.61.5-2.1%
Turkey1.51.31.31.2-7.2%
Estonia1.01.31.30.9-3.5%
Serbia0.50.71.00.921.6%
Italy0.60.50.70.75.3%
Slovenia0.60.50.70.75.3%
KosovoN/A0.10.20.241.4%
Russia1.11.01.10.2-43.3%
Bulgaria0.10.10.20.226.0%
Others1.72.33.13.426.0%
Total17.718.925.223.39.6%

Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Croatia in 2022:

  1. Germany (167.8 tons)
  2. Bosnia and Herzegovina (116.2 tons)
  3. Turkey (103.9 tons)
  4. Slovakia (86.9 tons)
  5. Serbia (67.6 tons)
  6. Finland (55.9 tons)
  7. Switzerland (48.1 tons)
  8. Slovenia (38.3 tons)
  9. Italy (24.7 tons)
  10. Bulgaria (22.8 tons)
  11. Russia (20.4 tons)
  12. Kosovo (18.1 tons)
  13. Estonia (16.9 tons)

Source: IndexBox Market Intelligence Platform

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