U.S.: Market for Insulated electric conductors for a voltage over 1000 V 2024

Market Size for Insulated electric conductors for a voltage over 1000 V in the U.S.

The U.S. market for insulated electric conductors for a voltage over X v rose remarkably to $X in 2022, with an increase of X% against the previous year. Overall, consumption enjoyed a resilient expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Insulated electric conductors for a voltage over X V in the U.S.

In value terms, production of insulated electric conductors for a voltage over X v totaled $X in 2022. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Production of peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Insulated electric conductors for a voltage over 1000 V

Exports from the U.S.

In 2022, the amount of insulated electric conductors for a voltage over X v exported from the United States rose markedly to X tons, picking up by X% on 2021 figures. Over the period under review, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports of attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of insulated electric conductors for a voltage over X v surged to $X in 2022. Overall, exports, however, recorded a perceptible downturn. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for exports of insulated electric conductors for a voltage over X v from the United States, accounting for a X% share of total exports. Moreover, exports of insulated electric conductors for a voltage over X v to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was taken by Kuwait (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Kuwait (X% per year).

In value terms, Canada ($X) remains the key foreign market for insulated electric conductors for a voltage over X v exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2022, the average export price for insulated electric conductors for a voltage over X v amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for insulated electric conductors for a voltage over X v increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Kuwait ($X 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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Insulated electric conductors for a voltage over 1000 V

Imports into the U.S.

In 2022, supplies from abroad of insulated electric conductors for a voltage over X v was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of insulated electric conductors for a voltage over X v skyrocketed to $X in 2022. Over the period under review, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest insulated electric conductors for a voltage over X v supplier to the United States, with a X% share of total imports. Moreover, imports of insulated electric conductors for a voltage over X v from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and South Korea (X% per year).

In value terms, China ($X), Mexico ($X) and South Korea ($X) constituted the largest insulated electric conductors for a voltage over X v suppliers to the United States, together accounting for X% of total imports. Poland, India, Canada, Cambodia and Israel lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Cambodia, with a CAGR of X.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for insulated electric conductors for a voltage over X v stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Poland ($X per ton), while the price for Cambodia ($X 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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