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

Contents:

  1. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Luxembourg (CIF) - 2022
  2. Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Luxembourg (FOB) - 2024
  3. Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Luxembourg
  4. Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Luxembourg

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

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $29,159 per ton in 2022, shrinking by -1.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $31,693 per ton. From 2019 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 Japan ($76,474 per ton), while the price for Belgium ($14,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), 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 Luxembourg (FOB) - 2024

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $50,898 per ton in January 2024, which is down by -22.9% against the previous month. In general, the export price continues to indicate a slight descent. The most prominent rate of growth was recorded in October 2023 an increase of 17% against the previous month. Over the period under review, the average export prices attained the peak figure at $65,976 per ton in December 2023, and then dropped dramatically in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was China ($95,668 per ton), while the average price for exports to Chad ($26,979 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 Italy (+3.2%), 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 Luxembourg

In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Luxembourg was estimated at 1.1K tons, picking up by 11% on 2021. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded 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 $33M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.58.410.112.39.0%
Japan6.33.95.06.0-1.6%
Italy4.33.95.44.83.7%
Belgium1.23.82.63.035.7%
Netherlands0.31.02.21.881.7%
China1.01.21.00.7-11.2%
Bosnia and Herzegovina0.10.70.50.571.0%
Others4.43.23.83.7-5.6%
Total27.125.930.432.96.7%

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

  1. Germany (534.8 tons)
  2. Belgium (208.6 tons)
  3. Italy (103.1 tons)
  4. Japan (78.7 tons)
  5. Netherlands (66.4 tons)
  6. Bosnia and Herzegovina (35.5 tons)
  7. China (30.8 tons)

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

Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Luxembourg soared to 401 tons in 2022, jumping by 33% compared with the previous year's figure. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.3% 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 +69.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors reached $21M in 2022. The total export value increased at an average annual rate of +13.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked 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 Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.52.63.03.82.8%
Germany1.83.83.83.524.8%
China0.10.31.92.3184.4%
Switzerland0.50.50.61.544.2%
Spain0.90.71.11.16.9%
Italy0.60.50.81.018.6%
Belgium0.82.40.70.80.0%
Turkey0.20.20.50.751.8%
United States0.50.30.40.711.9%
United Kingdom0.60.60.90.75.3%
Netherlands0.20.10.20.644.2%
Poland0.60.30.40.4-12.6%
Mexico0.20.50.90.20.0%
Others4.03.43.73.6-3.5%
Total14.516.319.120.913.0%

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

  1. Germany (123.3 tons)
  2. France (64.2 tons)
  3. Italy (24.0 tons)
  4. China (23.2 tons)
  5. Switzerland (22.6 tons)
  6. Spain (21.1 tons)
  7. Belgium (17.2 tons)
  8. Turkey (13.8 tons)
  9. Netherlands (12.8 tons)
  10. United States (12.2 tons)
  11. United Kingdom (9.8 tons)
  12. Poland (5.3 tons)
  13. Mexico (3.6 tons)

Source: IndexBox Market Intelligence Platform

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