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

Contents:

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

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

In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $6,233 per ton, picking up by 27% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 53% against the previous year. As a result, import price attained the peak level of $11,617 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($55,007 per ton), while the price for China ($1,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.2%), 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 Ghana (FOB) - 2022

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $3,031 per ton, declining by -87.6% against the previous year. Overall, the export price saw a sharp descent. The pace of growth appeared the most rapid in 2014 an increase of 308% against the previous year. As a result, the export price reached the peak level of $49,268 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($36,896 per ton), while the average price for exports to Norway ($129 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 Angola (+152.7%), 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 Ghana

After two years of decline, supplies from abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -40.5% to 1.3K tons in 2022. Over the period under review, imports saw a noticeable downturn.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors fell significantly to $8.4M in 2022. Overall, imports, however, posted prominent growth.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,679N/A6471,963-9.8%
China1,313N/A3,1531,094-5.9%
India86.4N/A341968123.8%
Turkey212N/A47293263.8%
Belgium378N/A91187332.2%
Germany285N/A23045717.0%
United Arab Emirates137N/A386131-1.5%
Hong Kong SAR64.2N/A96227.3-24.8%
Spain28.2N/A53215.2-18.6%
Others1,483N/A2,6711,9038.7%
Total6,666N/A10,3078,3637.9%

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

  1. China (639.3 tons)
  2. Turkey (268.6 tons)
  3. India (155.6 tons)
  4. United Arab Emirates (40.1 tons)
  5. United States (35.7 tons)
  6. Belgium (33.5 tons)
  7. Germany (31.4 tons)
  8. Hong Kong SAR (3.2 tons)
  9. Spain (2.0 tons)

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

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from Ghana surged to 5 tons, growing by 287% against the previous year's figure. Over the period under review, exports, however, continue to indicate a precipitous curtailment.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors surged to $48K in 2022. Overall, exports, however, showed a noticeable decline.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire1.3N/A3.631.2188.4%
Belgium3.7N/A25.69.637.4%
Netherlands0.7N/A0.24.484.6%
SpainN/AN/AN/A1.60%
Sierra LeoneN/AN/AN/A0.90%
NorwayN/AN/AN/A0.10%
Liberia37.5N/A0.3N/A-91.1%
Others9.2N/A3.90.4-64.8%
Total52.3N/A33.748.1-2.8%

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

  1. Cote d'Ivoire (2865.0 kg)
  2. Norway (1037.0 kg)
  3. Netherlands (335.0 kg)
  4. Belgium (260.0 kg)
  5. Sierra Leone (211.0 kg)
  6. Spain (191.0 kg)

Source: IndexBox Market Intelligence Platform

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