Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ecuador - 2022

Contents:

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

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ecuador (CIF) - 2022

In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $7,622 per ton, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2013 an increase of 34%. As a result, import price reached the peak level of $11,561 per ton. From 2014 to 2022, 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 the United States ($19,907 per ton), while the price for China ($5,195 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 (+6.8%), 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 Ecuador (FOB) - 2022

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $7,752 per ton in 2022, rising by 30% against the previous year. Overall, the export price, however, saw a slight decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 36% against the previous year. The export price peaked at $8,588 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($11,976 per ton), while the average price for exports to Guatemala ($1,573 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 Brazil (+8.9%), 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 Ecuador

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors imported into Ecuador reached 2.3K tons, surging by 11% on 2021 figures. The total import volume increased at an average annual rate of +6.7% 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 25% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors totaled $18M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% 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 +59.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.96.28.29.35.6%
United States3.21.43.93.64.0%
Mexico0.40.50.70.720.5%
Colombia0.30.50.40.626.0%
Hong Kong SAR0.20.10.20.535.7%
Others2.02.32.32.913.2%
Total14.011.015.817.67.9%

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

  1. China (1793.0 tons)
  2. United States (183.1 tons)
  3. Mexico (80.6 tons)
  4. Hong Kong SAR (77.4 tons)
  5. Colombia (52.9 tons)

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

In 2022, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -28.3% to 422 tons, falling for the second year in a row after two years of growth. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors shrank to $3.5M in 2022. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 19%. As a result, the exports attained the peak of $5.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7021,9152,2452,43551.4%
Colombia429516603348-6.7%
France36.239.211011446.6%
Paraguay43.365.311956.39.1%
Guatemala6.70.2N/A35.774.7%
Mexico14732748.534.1-38.6%
Venezuela47.968.842.424.2-20.4%
Peru1,4121,16615416.1-77.5%
Brazil11694.733.210.8-54.7%
Others1,5011,074488383-36.6%
Total4,4425,2663,8433,457-8.0%

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

  1. United States (253.4 tons)
  2. Colombia (29.1 tons)
  3. Paraguay (26.4 tons)
  4. France (25.9 tons)
  5. Guatemala (22.7 tons)
  6. Mexico (12.8 tons)
  7. Venezuela (9.0 tons)
  8. Peru (6.8 tons)
  9. Brazil (1.2 tons)

Source: IndexBox Market Intelligence Platform

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