Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan - 2023

Contents:

  1. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan (CIF) - 2023
  2. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan (FOB) - 2022
  3. Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan
  4. Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan (CIF) - 2023

In August 2023, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $39,940 per ton, picking up by 76% against the previous month. In general, the import price showed a pronounced expansion. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 938% against the previous month. The import price peaked in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Mexico ($52,570 per ton), while the price for the United Arab Emirates ($5,267 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+12.3%), 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 Pakistan (FOB) - 2022

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $19,901 per ton in 2022, rising by 725% against the previous year. In general, the export price showed a remarkable increase. The export price peaked at $62,326 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($50,263 per ton), while the average price for exports to Denmark ($2,186 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 Kenya (+60.4%), 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 Pakistan

In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Pakistan shrank modestly to 1.8K tons, waning by -1.8% compared with 2021. Overall, imports saw a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 0.8% against the previous year.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors contracted to $17M in 2022. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.911.413.412.3-14.8%
United States1.11.00.81.35.7%
South Korea0.10.10.20.344.2%
Hong Kong SARN/AN/A0.10.3200.0%
Others4.92.53.43.3-12.3%
Total26.015.017.917.4-12.5%

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

  1. China (1514.8 tons)
  2. United States (77.6 tons)
  3. Hong Kong SAR (32.1 tons)
  4. South Korea (31.9 tons)

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

In 2022, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Pakistan soared to 55 tons, jumping by 364% compared with 2021 figures. In general, exports, however, showed a abrupt downturn.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors soared to $345K in 2022. Overall, exports, however, continue to indicate a abrupt setback.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/A1.8N/A152818.9%
United Arab Emirates24658.820.4117-21.9%
DenmarkN/AN/AN/A7.20%
Hong Kong SARN/AN/A0.34.31333.3%
PhilippinesN/AN/AN/A3.70%
Singapore82.30.2N/AN/A-99.8%
Qatar0.5115N/AN/A22900.0%
Others22546.137.060.0-35.6%
Total55422257.8345-14.6%

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

  1. United Arab Emirates (43.3 tons)
  2. Denmark (3.3 tons)
  3. Kenya (3.0 tons)
  4. Hong Kong SAR (1.7 tons)
  5. Philippines (1.5 tons)

Source: IndexBox Market Intelligence Platform

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