Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco - 2023
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco (FOB) - 2023
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco (CIF) - 2023
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco (FOB) - 2023
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $22,439 per ton in June 2023, approximately reflecting the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 5.4% month-to-month. The export price peaked at $22,546 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Hungary ($23,983 per ton), while the average price for exports to Egypt ($12,193 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.8%), 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 Morocco (CIF) - 2023
The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $20,593 per ton in June 2023, stabilizing at the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 6.7% m-o-m. Over the period under review, average import prices hit record highs at $22,405 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($33,030 per ton), while the price for Portugal ($8,453 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.2%), 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 Morocco
In 2022, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by 15% to 34K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a perceptible decline.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors surged to $891M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 613 | 305 | 308 | 390 | -14.0% |
| Germany | 42.4 | 54.4 | 81.9 | 103 | 34.4% |
| Spain | 21.0 | 109 | 98.8 | 92.5 | 63.9% |
| Czech Republic | 16.0 | 32.3 | 57.9 | 84.5 | 74.1% |
| Poland | 3.9 | 27.0 | 43.5 | 52.4 | 137.7% |
| Hungary | 11.1 | 37.5 | 36.8 | 29.1 | 37.9% |
| Italy | 8.4 | 26.7 | 38.6 | 9.8 | 5.3% |
| Others | 90.5 | 81.6 | 95.5 | 130 | 12.8% |
| Total | 807 | 674 | 761 | 891 | 3.4% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Morocco in 2022:
- France (12.4K tons)
- Poland (6.3K tons)
- Spain (3.7K tons)
- Germany (3.5K tons)
- Czech Republic (2.9K tons)
- Hungary (1.0K tons)
- Italy (0.4K tons)
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco
In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Morocco was estimated at 17K tons, surging by 3.7% compared with 2021. Over the period under review, imports, however, showed a deep reduction.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded modestly to $355M in 2022. Overall, imports, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 58.7 | 64.7 | 60.1 | 70.0 | 6.0% |
| Spain | 79.5 | 71.0 | 78.3 | 63.1 | -7.4% |
| China | 24.8 | 24.1 | 37.7 | 53.5 | 29.2% |
| Hungary | 51.1 | 42.2 | 48.9 | 47.1 | -2.7% |
| Czech Republic | 48.7 | 36.1 | 38.1 | 35.9 | -9.7% |
| Italy | 18.1 | 14.5 | 21.1 | 23.7 | 9.4% |
| Poland | 17.0 | 20.9 | 19.5 | 21.0 | 7.3% |
| France | 37.4 | 15.9 | 17.5 | 11.2 | -33.1% |
| Others | 44.5 | 21.8 | 24.6 | 29.9 | -12.4% |
| Total | 380 | 311 | 346 | 355 | -2.2% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Morocco in 2022:
- Spain (5.1K tons)
- China (3.1K tons)
- Hungary (2.4K tons)
- Germany (2.1K tons)
- Poland (1.6K tons)
- Czech Republic (0.8K tons)
- Italy (0.5K tons)
- France (0.4K tons)
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