Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the United Arab Emirates - 2022

Contents:

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

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

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $16,776 per ton in 2022, with an increase of 14% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 113%. As a result, import price attained the peak level of $26,973 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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 Germany ($50,649 per ton), while the price for Oman ($6,115 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.9%), 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 the United Arab Emirates (FOB) - 2022

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $12,567 per ton in 2022, surging by 15% against the previous year. Over the period under review, the export price posted a prominent expansion. The growth pace was the most rapid in 2021 an increase of 64%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($67,286 per ton), while the average price for exports to Bahrain ($2,741 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 Kuwait (+33.9%), 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 the United Arab Emirates

Imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into the United Arab Emirates expanded to 12K tons in 2022, surging by 3.9% on 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors soared to $207M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. 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 the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China81.885.995.611712.7%
United States31.920.819.521.6-12.2%
Germany12.611.812.214.34.3%
United Kingdom3.83.43.06.720.8%
Netherlands6.25.94.86.20.0%
Oman1.83.23.33.119.9%
South Korea3.72.82.62.5-12.3%
Others40.832.433.536.2-3.9%
Total1831661752074.2%

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

  1. China (9.3K tons)
  2. United States (0.5K tons)
  3. Oman (0.5K tons)
  4. United Kingdom (0.3K tons)
  5. Germany (0.3K tons)
  6. Netherlands (0.2K tons)
  7. South Korea (0.1K tons)

Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the United Arab Emirates

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from the United Arab Emirates reduced sharply to 3.7K tons, which is down by -41.8% on the year before. In general, exports continue to indicate a precipitous shrinkage. The smallest decline of -18.4% was in 2020.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors fell rapidly to $48M in 2022. Overall, exports showed a precipitous slump. The smallest decline of -25.2% was in 2020.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom11.19.719.910.8-0.9%
Oman34.931.68.37.8-39.3%
India8.65.15.75.6-13.3%
China3.43.34.74.610.6%
JapanN/AN/A1.53.2113.3%
Philippines0.50.1N/A0.50.0%
Hong Kong SAR15.46.12.60.5-68.1%
Bahrain14.79.2N/A0.1-81.1%
Kuwait8.64.91.0N/A-65.9%
Taiwan (Chinese)4.010.0N/AN/A150.0%
Others33.320.725.714.6-24.0%
Total13510169.547.7-29.3%

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

  1. Oman (1495.2 tons)
  2. United Kingdom (1270.9 tons)
  3. Japan (95.1 tons)
  4. India (94.0 tons)
  5. China (68.6 tons)
  6. Philippines (58.7 tons)
  7. Hong Kong SAR (38.9 tons)
  8. Bahrain (21.6 tons)
  9. Kuwait (0.2 tons)

Source: IndexBox Market Intelligence Platform

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