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

Contents:

  1. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Germany (CIF) - 2024
  2. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Germany (FOB) - 2024
  3. Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Germany
  4. Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Germany

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Germany (CIF) - 2024

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $29,163 per ton in January 2024, approximately equating the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 17% m-o-m. As a result, import price reached the peak level of $29,814 per ton. From December 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Tunisia ($43,903 per ton), while the price for Serbia ($17,070 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), 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 Germany (FOB) - 2024

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $44,196 per ton in January 2024, falling by -3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 5.9% m-o-m. Over the period under review, the average export prices hit record highs at $47,087 per ton in June 2023; however, from July 2023 to January 2024, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($111K per ton), while the average price for exports to Albania ($27,084 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.9%), 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 Germany

Imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Germany rose remarkably to 138K tons in 2022, surging by 9.4% on 2021. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 15% 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 rose sharply to $3.3B in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6915596907643.4%
Poland23525737639218.6%
Czech Republic2762713223447.6%
Romania13414419121216.5%
Netherlands47.212317620462.9%
Hungary1571772092008.4%
Slovakia85.066.274.311310.0%
Austria41.570.499.998.233.3%
Turkey42.840.752.963.914.3%
Slovenia30.333.241.245.314.3%
Spain46.232.733.034.8-9.0%
Others6446437127836.7%
Total2,4312,4172,9763,25510.2%

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

  1. China (48.7K tons)
  2. Poland (17.2K tons)
  3. Czech Republic (14.4K tons)
  4. Romania (9.5K tons)
  5. Netherlands (7.3K tons)
  6. Hungary (5.5K tons)
  7. Slovakia (5.5K tons)
  8. Austria (4.2K tons)
  9. Turkey (2.9K tons)
  10. Slovenia (2.5K tons)
  11. Spain (2.2K tons)

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

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from Germany shrank to 76K tons, almost unchanged from 2021. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 77K tons, leveling off in the following year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $2.9B in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2001992302629.4%
France1671682052097.8%
Netherlands1631702061976.5%
China1631721941874.7%
Austria1391361831819.2%
Poland1311411851668.2%
Italy12211715916310.1%
Switzerland1251201421485.8%
Hungary76.075.399.010712.1%
Czech Republic10391.4115102-0.3%
Spain77.177.61021029.8%
Belgium59.364.284.988.514.3%
Tunisia24.920.138.342.219.2%
Others8478129639534.0%
Total2,3992,3632,9072,9086.6%

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

  1. Poland (7.2K tons)
  2. France (5.8K tons)
  3. Netherlands (5.6K tons)
  4. Austria (5.4K tons)
  5. Italy (4.3K tons)
  6. China (3.7K tons)
  7. United States (3.4K tons)
  8. Spain (3.3K tons)
  9. Switzerland (3.2K tons)
  10. Hungary (3.2K tons)
  11. Belgium (2.8K tons)
  12. Czech Republic (2.7K tons)
  13. Tunisia (2.0K tons)

Source: IndexBox Market Intelligence Platform

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