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

Contents:

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

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

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $19,440 per ton in 2022, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 38%. As a result, import price reached the peak level of $22,599 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($109,078 per ton), while the price for China ($13,802 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.0%), 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 Argentina (FOB) - 2023

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $59,152 per ton in December 2023, rising by 74% against the previous month. Over the period under review, the export price saw notable growth. The export price peaked at $59,495 per ton in February 2023; however, from March 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was the United States ($185K per ton), while the average price for exports to Paraguay ($11,150 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Argentina

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors imported into Argentina expanded markedly to 4.8K tons, surging by 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% 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 under 1000 v, fitted with connectors soared to $95M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 37%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.026.841.954.320.5%
Vietnam1.729.35.57.362.5%
United States5.45.55.76.56.4%
Brazil1.51.72.74.544.2%
Mexico2.02.03.03.419.3%
Others16.514.115.618.74.3%
Total58.179.574.594.717.7%

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

  1. China (3932.0 tons)
  2. Brazil (166.8 tons)
  3. Mexico (105.0 tons)
  4. United States (80.2 tons)
  5. Vietnam (66.7 tons)

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

In 2022, approx. 88 tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were exported from Argentina; increasing by 17% against the year before. Over the period under review, exports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors soared to $3.5M in 2022. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 104%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,9778922,3232,6199.8%
Uruguay2911682983839.6%
United States19417917126511.0%
Paraguay43.936.364.659.610.7%
Chile95.151.354.053.0-17.7%
Others30014188.8127-24.9%
Total2,9011,4673,0003,5076.5%

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

  1. Brazil (66.9 tons)
  2. Uruguay (12.5 tons)
  3. Paraguay (2.4 tons)
  4. United States (2.2 tons)
  5. Chile (1.8 tons)

Source: IndexBox Market Intelligence Platform

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