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

Contents:

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

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

In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $5,841 per ton, which is down by -39.5% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 94% against the previous year. Over the period under review, average import prices attained the maximum at $11,127 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($27,778 per ton), while the price for China ($3,262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $8,724 per ton, shrinking by -13.7% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 32%. The export price peaked at $45,075 per ton in 2017; however, from 2018 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 Angola ($16,228 per ton), while the average price for exports to Rwanda ($1,100 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 the UK (+10.9%), 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 Ethiopia

In 2022, supplies from abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -79% to 448 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 49%. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors contracted remarkably to $3.6M in 2022. Overall, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.10.10.31.9166.8%
China4.16.36.81.0-37.5%
United States7.911.11.30.3-66.4%
United Arab Emirates0.81.21.10.1-50.0%
KenyaN/AN/A0.40.1-75.0%
Turkey1.10.30.1N/A-69.8%
Others1.91.21.40.2-52.8%
Total15.920.411.53.6-39.1%

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

  1. China (301.9 tons)
  2. Netherlands (67.8 tons)
  3. United Arab Emirates (30.8 tons)
  4. United States (21.4 tons)
  5. Kenya (8.6 tons)
  6. Turkey (1.8 tons)

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

In 2022, shipments abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -77.7% to 601 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 211% against the previous year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors fell dramatically to $9.2K in 2022. Overall, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola0.7N/AN/A7.8123.4%
BahrainN/A8.01.41.1-62.9%
Cote d'IvoireN/A1.911.5N/A505.3%
KenyaN/A2.2N/AN/A0%
RwandaN/AN/AN/AN/A0%
FranceN/A5.116.7N/A227.5%
Singapore17.6N/AN/AN/A0%
Others4.19.30.90.3-58.2%
Total22.426.430.69.2-25.7%

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

  1. Angola (482.0 kg)
  2. Bahrain (98.0 kg)
  3. Rwanda (10.0 kg)

Source: IndexBox Market Intelligence Platform

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