Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary (FOB) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary (CIF) - 2022
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary (FOB) - 2024
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $46,005 per ton in January 2024, which is down by -3.4% against the previous month. In general, export price indicated mild growth from January 2023 to January 2024: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +13.8% against October 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 26% month-to-month. As a result, the export price attained the peak level of $48,918 per ton. From July 2023 to January 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was China ($79,772 per ton), while the average price for exports to Turkey ($14,670 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 Morocco (+6.1%), 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 Hungary (CIF) - 2022
The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $21,851 per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. As a result, import price reached the peak level of $22,076 per ton, and then fell in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($40,350 per ton), while the price for Spain ($6,934 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.6%), 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 Hungary
After three years of growth, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -1.4% to 40K tons in 2022. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 4.7%. As a result, the exports attained the peak of 41K tons, and then dropped modestly in the following year.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors contracted to $913M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of $999M, and then fell in the following year.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 223 | 227 | 310 | 274 | 7.1% |
| Belgium | 98.5 | 125 | 120 | 123 | 7.7% |
| Sweden | 101 | 91.2 | 94.7 | 76.9 | -8.7% |
| Austria | 34.1 | 39.1 | 56.1 | 68.0 | 25.9% |
| Ukraine | 50.8 | 50.0 | 62.7 | 55.5 | 3.0% |
| North Macedonia | 18.4 | 27.7 | 28.9 | 29.6 | 17.2% |
| Tunisia | 16.0 | 16.9 | 20.0 | 22.1 | 11.4% |
| Romania | 27.3 | 34.5 | 25.7 | 19.8 | -10.2% |
| United Kingdom | 33.4 | 27.9 | 33.6 | 18.5 | -17.9% |
| Morocco | 15.7 | 14.6 | 15.5 | 18.0 | 4.7% |
| Slovakia | 18.8 | 10.6 | 8.8 | 8.3 | -23.9% |
| Others | 199 | 208 | 223 | 200 | 0.2% |
| Total | 837 | 872 | 999 | 913 | 2.9% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Hungary in 2022:
- Belgium (10.4K tons)
- Sweden (6.8K tons)
- Germany (6.2K tons)
- Austria (3.8K tons)
- Ukraine (3.0K tons)
- North Macedonia (1.4K tons)
- Romania (0.9K tons)
- Tunisia (0.9K tons)
- Morocco (0.8K tons)
- United Kingdom (0.6K tons)
- Slovakia (0.4K tons)
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Hungary
In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Hungary expanded markedly to 35K tons, increasing by 11% against the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors totaled $754M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. Imports peaked 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 85.2 | 133 | 158 | 205 | 34.0% |
| Serbia | 99.7 | 132 | 141 | 137 | 11.2% |
| Germany | 73.7 | 71.2 | 104 | 131 | 21.1% |
| Czech Republic | 36.8 | 38.0 | 41.1 | 40.6 | 3.3% |
| Romania | 71.7 | 36.2 | 35.0 | 37.3 | -19.6% |
| Slovakia | 22.7 | 24.5 | 23.0 | 27.8 | 7.0% |
| Spain | 2.2 | 1.9 | 2.6 | 16.5 | 95.7% |
| Italy | 10.4 | 7.5 | 11.1 | 14.9 | 12.7% |
| Austria | 10.9 | 10.2 | 17.3 | 13.5 | 7.4% |
| Ukraine | 48.5 | 51.0 | 54.2 | 12.4 | -36.5% |
| Poland | 16.8 | 12.4 | 11.8 | 11.9 | -10.9% |
| France | 6.1 | 10.8 | 11.2 | 7.0 | 4.7% |
| Others | 101 | 67.9 | 88.1 | 98.3 | -0.9% |
| Total | 586 | 597 | 698 | 754 | 8.8% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Hungary in 2022:
- China (11.7K tons)
- Serbia (6.3K tons)
- Germany (3.2K tons)
- Spain (2.4K tons)
- Romania (1.9K tons)
- Slovakia (1.9K tons)
- Czech Republic (1.3K tons)
- France (1.0K tons)
- Italy (0.9K tons)
- Austria (0.9K tons)
- Poland (0.5K tons)
- Ukraine (0.3K tons)
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