Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China (FOB) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China (CIF) - 2024
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China (FOB) - 2024
In February 2024, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $15,277 per ton, growing by 3.1% against the previous month. In general, the export price, however, saw a pronounced descent. The pace of growth appeared the most rapid in December 2023 an increase of 6.2% m-o-m. Over the period under review, the average export prices attained the maximum at $20,283 per ton in February 2023; however, from March 2023 to February 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In February 2024, the country with the highest price was Hong Kong SAR ($36,595 per ton), while the average price for exports to Russia ($10,518 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China (CIF) - 2024
In February 2024, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $63,870 per ton, dropping by -7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 14% against the previous month. The import price peaked at $76,414 per ton in September 2023; however, from October 2023 to February 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the United States ($222K per ton), while the price for Myanmar ($9,401 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China
In 2022, after three years of growth, there was significant decline in shipments abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors, when their volume decreased by -10.1% to 856K tons. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of 952K tons, and then shrank in the following year.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded modestly to $14.9B in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +44.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports of hit record highs 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 China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,184 | 2,735 | 3,272 | 3,432 | 16.3% |
| Hong Kong SAR | 2,352 | 1,941 | 2,171 | 1,654 | -11.1% |
| Japan | 768 | 763 | 949 | 993 | 8.9% |
| Germany | 434 | 461 | 599 | 622 | 12.7% |
| Vietnam | 290 | 489 | 622 | 612 | 28.3% |
| Mexico | 220 | 251 | 397 | 484 | 30.1% |
| Taiwan (Chinese) | 225 | 273 | 416 | 476 | 28.4% |
| United Kingdom | 260 | 374 | 506 | 442 | 19.3% |
| Malaysia | 193 | 273 | 384 | 430 | 30.6% |
| Netherlands | 216 | 252 | 339 | 428 | 25.6% |
| South Korea | 274 | 294 | 367 | 363 | 9.8% |
| Thailand | 158 | 220 | 310 | 348 | 30.1% |
| France | 153 | 159 | 217 | 231 | 14.7% |
| Others | 2,634 | 2,970 | 3,931 | 4,426 | 18.9% |
| Total | 10,362 | 11,455 | 14,481 | 14,940 | 13.0% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from China in 2022:
- United States (177.6K tons)
- Germany (51.0K tons)
- Hong Kong SAR (45.4K tons)
- Japan (36.2K tons)
- Vietnam (32.4K tons)
- Mexico (28.5K tons)
- Netherlands (27.7K tons)
- South Korea (25.5K tons)
- United Kingdom (24.5K tons)
- France (23.5K tons)
- Malaysia (21.3K tons)
- Thailand (19.3K tons)
- Taiwan (Chinese) (18.7K tons)
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China
In 2022, overseas purchases of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -19.8% to 43K tons, falling for the second year in a row after two years of growth. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. As a result, imports attained the peak of 56K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors shrank modestly to $3.1B in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.4% 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 +88.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 69% against the previous year.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 690 | 916 | 1,009 | 1,163 | 19.0% |
| United States | 130 | 131 | 137 | 159 | 6.9% |
| Japan | 132 | 129 | 163 | 151 | 4.6% |
| Germany | 128 | 113 | 139 | 134 | 1.5% |
| South Korea | 70.1 | 69.7 | 78.7 | 79.3 | 4.2% |
| Taiwan (Chinese) | 48.2 | 46.0 | 61.3 | 68.0 | 12.2% |
| Mexico | 39.3 | 60.4 | 73.2 | 66.9 | 19.4% |
| Hungary | 42.3 | 28.3 | 51.0 | 56.9 | 10.4% |
| Czech Republic | 61.1 | 63.6 | 59.8 | 49.6 | -6.7% |
| Poland | 28.6 | 25.9 | 41.8 | 43.7 | 15.2% |
| Philippines | 38.2 | 38.1 | 41.5 | 41.2 | 2.6% |
| Myanmar | 7.5 | 29.0 | 28.1 | 37.8 | 71.5% |
| Romania | 27.4 | 27.2 | 22.2 | 21.6 | -7.6% |
| Others | 225 | 1,138 | 1,237 | 1,061 | 67.7% |
| Total | 1,667 | 2,815 | 3,142 | 3,134 | 23.4% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to China in 2022:
- Vietnam (8.4K tons)
- Myanmar (2.5K tons)
- South Korea (2.5K tons)
- Japan (2.3K tons)
- Taiwan (Chinese) (1.6K tons)
- Germany (1.5K tons)
- Hungary (1.1K tons)
- United States (1.0K tons)
- Czech Republic (1.0K tons)
- Romania (0.7K tons)
- Philippines (0.7K tons)
- Mexico (0.6K tons)
- Poland (0.6K tons)
1485
This report provides an in-depth analysis of the wire and cable market in China.
1104
This report provides an in-depth analysis of the optical fiber cables market in China.
436
This report provides an in-depth analysis of the insulated coaxial cable market in China.
411
This report provides an in-depth analysis of the winding wire market in China.
392
This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in China.
462
This report provides an in-depth analysis of the market for optical fiber, bundle and cable in China.
220
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in China.
6047
This report provides an in-depth analysis of the global wire and cable market.
3787
This report provides an in-depth analysis of the global optical fiber cables market.
723
This report provides an in-depth analysis of the global insulated coaxial cable market.
1471
In value terms, wire and cable exports surged to $2.5B in March 2023.
404
Exports of Optical Fiber Cables decreased to $198M in June 2023 in terms of value.
603
In value terms, optical fiber cables exports dropped notably to $211M in April 2023.
299
In April 2023, the winding wire price amounted to $7,292 per ton (FOB, China), waning by -6.1% against the previous month.
1091
Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
1004
In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...
12960
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
2249
Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...
187
The global market for optical fiber cables is projected to experience continuous growth over the next seven years, driven by increasing demand worldwide. With an anticipated CAGR of +3.9% in volume and +5.7% in value, the market is expected to reach 2.2M tons and $29.6B by the end of 2030 respectively.
584
Discover the top import markets for optical fiber cables worldwide, backed by key statistics. Learn about the booming demand for optical fiber cables and the countries driving this growth. Utilizing data from the IndexBox market intelligence platform.
