Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bangladesh - 2022
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bangladesh (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bangladesh (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bangladesh
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bangladesh
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bangladesh (CIF) - 2022
The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $16,413 per ton in 2022, growing by 24% against the previous year. In general, the import price showed moderate growth. The growth pace was the most rapid in 2016 an increase of 199% against the previous year. As a result, import price attained the peak level of $33,298 per ton. From 2017 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 Hong Kong SAR ($48,699 per ton), while the price for China ($14,555 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 (+15.7%), 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 Bangladesh (FOB) - 2022
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $61,948 per ton in 2022, with a decrease of -32.6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 87%. As a result, the export price reached the peak level of $180,239 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($733,167 per ton), while the average price for exports to Panama ($16,722 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 Ukraine (+141.9%), 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 Bangladesh
In 2022, approx. 2.2K tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were imported into Bangladesh; increasing by 3.3% on 2021. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 6.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors skyrocketed to $37M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.5% against 2019 indices. 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 Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.9 | 18.8 | 22.7 | 30.0 | 23.6% |
| Hong Kong SAR | 0.6 | 2.3 | 2.2 | 2.1 | 51.8% |
| Singapore | 2.4 | 0.8 | 1.2 | 1.2 | -20.6% |
| Others | 2.7 | 1.9 | 2.4 | 3.4 | 8.0% |
| Total | 21.6 | 23.9 | 28.5 | 36.8 | 19.4% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Bangladesh in 2022:
- China (2063.0 tons)
- Singapore (54.0 tons)
- Hong Kong SAR (42.1 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Bangladesh
In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from Bangladesh surged to 26 tons, jumping by 114% compared with the previous year's figure. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 174%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors surged to $1.6M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 243%. Over the period under review, the exports of hit record highs 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 Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 360 | 1,428 | 296.7% |
| Panama | N/A | N/A | N/A | 77.9 | 0% |
| China | 134 | 78.8 | 66.7 | 29.6 | -39.6% |
| Canada | 0.4 | 68.4 | 81.1 | 22.7 | 284.3% |
| Thailand | 9.6 | 164 | 600 | 17.6 | 22.4% |
| Hong Kong SAR | 22.1 | N/A | N/A | 10.1 | -23.0% |
| Seychelles | 3.2 | N/A | N/A | N/A | 0% |
| Others | 30.7 | 18.4 | 21.6 | 19.6 | -13.9% |
| Total | 200 | 329 | 1,130 | 1,605 | 100.2% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Bangladesh in 2022:
- United States (19.5 tons)
- Panama (4.7 tons)
- Hong Kong SAR (0.4 tons)
- Canada (0.3 tons)
- China (0.1 tons)
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