Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Indonesia - 2022

Contents:

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

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

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $18,732 per ton, rising by 2.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 39%. As a result, the export price reached the peak level of $20,412 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 the United States ($53,450 per ton), while the average price for exports to Singapore ($8,739 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 the United States (+5.2%), 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 Indonesia (CIF) - 2022

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $12,478 per ton in 2022, waning by -4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. As a result, import price reached the peak level of $13,085 per ton, and then shrank slightly 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 Singapore ($40,346 per ton), while the price for China ($9,358 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+15.7%), 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 Indonesia

Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Indonesia rose notably to 11K tons in 2022, picking up by 10% on 2021 figures. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 24%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded markedly to $198M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.7% 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 +89.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.032.448.359.543.8%
Singapore18.334.050.856.845.9%
Japan16.312.816.518.95.1%
Poland7.88.211.215.325.2%
South Korea9.58.810.38.2-4.8%
Mexico3.03.86.15.925.3%
Malaysia5.85.75.85.3-3.0%
China7.48.67.45.2-11.1%
Hong Kong SAR5.07.35.32.9-16.6%
Others11.712.414.220.320.2%
Total10513417619823.5%

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

  1. Singapore (6.5K tons)
  2. United States (1.1K tons)
  3. Poland (0.8K tons)
  4. South Korea (0.6K tons)
  5. Japan (0.4K tons)
  6. Mexico (0.2K tons)
  7. Malaysia (0.2K tons)
  8. Hong Kong SAR (0.2K tons)
  9. China (0.1K tons)

Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Indonesia

In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Indonesia soared to 16K tons, rising by 34% on the year before. The total import volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 soared to $197M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 increased by +66.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China73.266.774.912519.5%
Singapore15.431.930.429.824.6%
South Korea4.03.83.88.528.6%
Hong Kong SAR5.36.019.77.311.3%
Others20.847.317.127.29.4%
Total11915614619718.3%

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

  1. China (13.3K tons)
  2. Singapore (0.7K tons)
  3. South Korea (0.6K tons)
  4. Hong Kong SAR (0.4K tons)

Source: IndexBox Market Intelligence Platform

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