Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore - 2023
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore (CIF) - 2022
The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $18,359 per ton in 2022, picking up by 12% against the previous year. In general, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 210% against the previous year. As a result, import price reached the peak level of $23,451 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($62,867 per ton), while the price for Indonesia ($7,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+30.5%), 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 Singapore (FOB) - 2022
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $15,884 per ton in 2022, with a decrease of -23.5% against the previous year. Over the period under review, the export price, however, continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2019 an increase of 1,151% against the previous year. The export price peaked at $20,762 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($64,301 per ton), while the average price for exports to Thailand ($4,603 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 Indonesia (+18.2%), 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 Singapore
In 2022, approx. 36K tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were imported into Singapore; which is down by -6.8% compared with 2021 figures. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 15%.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors totaled $666M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 262 | 161 | 203 | 213 | -6.7% |
| Indonesia | 42.7 | 88.0 | 132 | 137 | 47.5% |
| United States | 61.7 | 65.6 | 81.9 | 81.8 | 9.9% |
| Malaysia | 30.5 | 33.0 | 50.4 | 62.2 | 26.8% |
| South Korea | 6.3 | 7.4 | 5.8 | 16.0 | 36.4% |
| Germany | 10.1 | 11.9 | 12.1 | 13.4 | 9.9% |
| Others | 91.8 | 127 | 147 | 143 | 15.9% |
| Total | 506 | 494 | 632 | 666 | 9.6% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Singapore in 2022:
- Indonesia (18.2K tons)
- China (8.2K tons)
- United States (3.5K tons)
- South Korea (1.5K tons)
- Germany (1.2K tons)
- Malaysia (1.0K tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors, which increased by 14% to 28K tons in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors dropped to $450M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +63.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports reached the peak of $474M, and then reduced in the following year.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 51.2 | 101 | 157 | 139 | 39.5% |
| Malaysia | 44.2 | 42.7 | 47.9 | 56.6 | 8.6% |
| Indonesia | 20.4 | 52.1 | 60.3 | 48.2 | 33.2% |
| China | 15.5 | 18.5 | 24.4 | 21.2 | 11.0% |
| India | 16.1 | 14.1 | 17.1 | 20.0 | 7.5% |
| Thailand | 17.0 | 17.2 | 17.2 | 18.6 | 3.0% |
| Australia | 10.8 | 9.8 | 12.1 | 14.4 | 10.1% |
| Taiwan (Chinese) | 12.9 | 8.3 | 15.8 | 11.0 | -5.2% |
| Philippines | 10.0 | 8.6 | 14.4 | 11.0 | 3.2% |
| Vietnam | 5.6 | 4.5 | 13.4 | 9.3 | 18.4% |
| Others | 71.7 | 71.2 | 95.2 | 100 | 11.7% |
| Total | 275 | 349 | 474 | 450 | 17.8% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Singapore in 2022:
- United States (16.0K tons)
- Thailand (4.0K tons)
- Malaysia (1.8K tons)
- Indonesia (1.1K tons)
- Australia (0.9K tons)
- Taiwan (Chinese) (0.5K tons)
- India (0.4K tons)
- China (0.4K tons)
- Philippines (0.3K tons)
- Vietnam (0.2K tons)
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