Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Canada - 2024

Contents:

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

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

In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $49,044 per ton, with an increase of 10% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +58.9% against 2014 indices. The pace of growth was the most pronounced in 2020 an increase of 12%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($49,044 per ton) and Mexico ($49,044 per ton), while the price for Germany ($49,044 per ton) and Japan ($49,044 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.3%), 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 Canada (FOB) - 2022

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $36,704 per ton, dropping by -22.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs at $47,193 per ton in 2021, and then fell dramatically in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($36,705 per ton) and China ($36,705 per ton), while the average price for exports to Germany ($36,704 per ton) and the United States ($36,704 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.4%), 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 Canada

In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Canada expanded remarkably to 18K tons, rising by 10% compared with the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors skyrocketed to $874M in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; 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 21% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2712683183519.0%
United States17214918023811.4%
Mexico89.472.382.61014.2%
Vietnam11.013.622.031.642.2%
Germany16.515.419.320.98.2%
Japan10.28.513.018.822.6%
Taiwan (Chinese)15.015.415.418.06.3%
Others61.851.771.494.515.2%
Total64659472287410.6%

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

  1. China (7.1K tons)
  2. United States (4.9K tons)
  3. Mexico (2.1K tons)
  4. Vietnam (0.6K tons)
  5. Taiwan (Chinese) (0.4K tons)
  6. Japan (0.4K tons)
  7. Germany (0.4K tons)

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

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from Canada soared to 6.3K tons, with an increase of 67% against 2021 figures. In general, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors skyrocketed to $232M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11810414119818.8%
Germany3.12.62.34.513.2%
China2.72.24.32.1-8.0%
Netherlands6.04.13.71.0-45.0%
Others27.220.126.326.2-1.2%
Total15713317823213.9%

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

  1. United States (5.4K tons)
  2. Germany (0.1K tons)
  3. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

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