Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK (FOB) - 2024
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $20,737 per ton, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. 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 the United States ($81,937 per ton), while the price for the United Arab Emirates ($6,657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.7%), 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 the UK (FOB) - 2024
In January 2024, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $51,305 per ton, which is down by -3.9% against the previous month. Over the period under review, export price indicated perceptible growth from February 2023 to January 2024: its price increased at an average monthly rate of +3.8% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +2.7% against November 2023 indices. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 63% m-o-m. Over the period under review, the average export prices reached the maximum at $58,681 per ton in August 2023; however, from September 2023 to January 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($121K per ton), while the average price for exports to Spain ($13,582 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+19.5%), 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 the UK
In 2022, approx. 37K tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were imported into the UK; flattening at 2021 figures. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 16%.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded sharply to $809M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 287 | 264 | 311 | 381 | 9.9% |
| United States | 38.3 | 35.8 | 34.2 | 52.4 | 11.0% |
| Germany | 83.1 | 88.4 | 80.3 | 44.5 | -18.8% |
| India | 8.3 | 9.6 | 16.9 | 20.9 | 36.0% |
| Poland | 9.9 | 13.6 | 9.9 | 18.2 | 22.5% |
| Taiwan (Chinese) | 11.6 | 9.5 | 10.8 | 17.7 | 15.1% |
| Hungary | 3.5 | 4.1 | 5.3 | 16.2 | 66.7% |
| Greece | 2.5 | 0.1 | 0.1 | 12.7 | 71.9% |
| United Arab Emirates | 11.1 | 9.7 | 19.9 | 10.8 | -0.9% |
| Italy | 3.1 | 8.6 | 7.6 | 9.6 | 45.8% |
| Netherlands | 60.9 | 51.7 | 48.9 | 8.6 | -47.9% |
| Hong Kong SAR | 18.0 | 14.9 | 10.4 | 8.6 | -21.8% |
| Others | 145 | 125 | 151 | 208 | 12.8% |
| Total | 682 | 635 | 706 | 809 | 5.9% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to the UK in 2022:
- China (21.6K tons)
- Germany (2.7K tons)
- United Arab Emirates (1.6K tons)
- Greece (1.4K tons)
- India (1.2K tons)
- Hungary (0.8K tons)
- Italy (0.7K tons)
- Poland (0.7K tons)
- Taiwan (Chinese) (0.6K tons)
- United States (0.6K tons)
- Hong Kong SAR (0.5K tons)
- Netherlands (0.2K tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK
In 2022, approx. 12K tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were exported from the UK; growing by 10% on the year before. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 24%. As a result, the exports attained the peak of 15K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors reduced modestly to $412M in 2022. Over the period under review, exports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 9.7% against the previous year. As a result, the exports reached the peak of $505M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.6 | 43.4 | 39.0 | 50.8 | 4.4% |
| United States | 31.3 | 29.0 | 105 | 49.9 | 16.8% |
| Netherlands | 35.4 | 26.5 | 35.0 | 34.2 | -1.1% |
| Ireland | 28.9 | 31.1 | 26.0 | 32.5 | 4.0% |
| France | 38.2 | 33.0 | 18.4 | 25.2 | -12.9% |
| Norway | 43.0 | 57.0 | 16.9 | 22.9 | -18.9% |
| Belgium | 14.3 | 10.7 | 13.8 | 16.8 | 5.5% |
| Egypt | 3.9 | 3.7 | 0.7 | 10.5 | 39.1% |
| Sweden | 13.7 | 9.0 | 5.9 | 10.3 | -9.1% |
| Spain | 11.0 | 12.6 | 7.4 | 9.6 | -4.4% |
| Cyprus | 0.4 | 0.2 | 0.2 | 7.4 | 164.5% |
| Poland | 7.9 | 7.5 | 5.3 | 7.1 | -3.5% |
| United Arab Emirates | 3.8 | 3.4 | 3.0 | 6.7 | 20.8% |
| Others | 184 | 238 | 155 | 128 | -11.4% |
| Total | 461 | 505 | 431 | 412 | -3.7% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from the UK in 2022:
- Germany (1783.7 tons)
- Ireland (1347.6 tons)
- Netherlands (963.0 tons)
- France (916.6 tons)
- Belgium (669.4 tons)
- Egypt (663.0 tons)
- Spain (623.7 tons)
- Norway (557.2 tons)
- United States (513.6 tons)
- Cyprus (434.0 tons)
- Sweden (338.6 tons)
- United Arab Emirates (310.7 tons)
- Poland (304.9 tons)
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