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

Contents:

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

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

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $14,767 per ton in 2022, picking up by 42% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Sweden ($158,988 per ton), while the price for the United Arab Emirates ($6,501 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+23.9%), 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 Iran (FOB) - 2022

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $9,048 per ton, surging by 58% against the previous year. In general, the export price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 183%. Over the period under review, the average export prices hit record highs at $19,511 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($74,000 per ton), while the average price for exports to Georgia ($6,245 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 Sri Lanka (+9.8%), 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 Iran

After three years of growth, overseas purchases of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -13.9% to 1.1K tons in 2022. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors skyrocketed to $16M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.65.76.410.130.0%
Turkey2.22.02.41.9-4.8%
Italy0.81.10.30.6-9.1%
United Arab Emirates0.61.01.20.60.0%
Others1.81.72.32.38.5%
Total10.011.512.715.616.0%

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

  1. China (753.3 tons)
  2. Turkey (122.5 tons)
  3. United Arab Emirates (94.9 tons)
  4. Italy (43.7 tons)

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

In 2022, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -20.5% to 18 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 52% against the previous year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors surged to $165K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +58.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 31%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq21.782.712313885.3%
Afghanistan59.736.92.821.4-29.0%
Others22.716.76.05.6-37.3%
Total10413613216516.6%

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

  1. Iraq (15.6 tons)
  2. Afghanistan (2.4 tons)

Source: IndexBox Market Intelligence Platform

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