Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia (CIF) - 2022
The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $31,571 per ton in 2022, increasing by 244% against the previous year. Overall, the import price saw a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($136,933 per ton), while the price for China ($11,745 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 (+18.9%), 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 Malaysia (FOB) - 2022
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $32,749 per ton in 2022, picking up by 2.5% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 101%. Over the period under review, the average export prices hit record highs at $34,292 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($62,343 per ton), while the average price for exports to Maldives ($6,184 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 Thailand (+16.4%), 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 Malaysia
In 2022, approx. 28K tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were imported into Malaysia; jumping by 29% against 2021. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, imports of reached the maximum 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 expanded rapidly to $483M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 122 | 143 | 218 | 261 | 28.9% |
| United States | 40.6 | 46.2 | 68.2 | 81.3 | 26.0% |
| Japan | 15.9 | 12.9 | 19.8 | 22.7 | 12.6% |
| Singapore | 10.5 | 8.3 | 12.2 | 16.6 | 16.5% |
| Germany | 17.9 | 9.8 | 19.1 | 16.2 | -3.3% |
| Indonesia | 13.6 | 14.8 | 15.1 | 12.8 | -2.0% |
| Taiwan (Chinese) | 6.0 | 11.0 | 8.6 | 10.1 | 19.0% |
| Hong Kong SAR | 18.7 | 13.9 | 13.0 | 8.2 | -24.0% |
| Others | 34.0 | 33.4 | 48.9 | 54.0 | 16.7% |
| Total | 279 | 293 | 423 | 483 | 20.1% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Malaysia in 2022:
- China (22.2K tons)
- Taiwan (Chinese) (0.8K tons)
- Singapore (0.8K tons)
- Japan (0.7K tons)
- Indonesia (0.6K tons)
- United States (0.6K tons)
- Hong Kong SAR (0.6K tons)
- Germany (0.5K tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia
In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from Malaysia surged to 7.5K tons, with an increase of 29% on the year before. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 +64.0% against 2020 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 surged to $237M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.9 | 50.2 | 66.0 | 79.7 | 38.7% |
| Singapore | 34.4 | 32.5 | 38.2 | 56.9 | 18.3% |
| Thailand | 11.2 | 9.6 | 13.5 | 17.3 | 15.6% |
| Hong Kong SAR | 2.0 | 4.9 | 6.0 | 12.6 | 84.7% |
| Germany | 2.2 | 6.2 | 4.2 | 7.7 | 51.8% |
| China | 3.2 | 4.1 | 8.6 | 7.0 | 29.8% |
| South Korea | 0.6 | 1.6 | 5.5 | 6.7 | 123.5% |
| Australia | 4.0 | 3.4 | 4.8 | 6.5 | 17.6% |
| Japan | 2.4 | 4.5 | 3.4 | 4.2 | 20.5% |
| Maldives | 0.1 | N/A | N/A | 4.1 | 244.8% |
| Belgium | N/A | 2.9 | 2.5 | 2.0 | -17.0% |
| Indonesia | 2.0 | 0.6 | 1.0 | 1.2 | -15.7% |
| Vietnam | 4.7 | 0.9 | 1.3 | 1.1 | -38.4% |
| Others | 27.5 | 20.1 | 27.9 | 30.3 | 3.3% |
| Total | 124 | 142 | 183 | 237 | 24.1% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Malaysia in 2022:
- United States (2174.6 tons)
- Singapore (1519.9 tons)
- Maldives (663.6 tons)
- Japan (557.2 tons)
- Thailand (426.1 tons)
- Australia (412.6 tons)
- Hong Kong SAR (214.5 tons)
- China (177.4 tons)
- Indonesia (140.6 tons)
- Belgium (135.8 tons)
- South Korea (123.8 tons)
- Germany (123.1 tons)
- Vietnam (68.4 tons)
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