Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand (CIF) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand (CIF) - 2024
In February 2024, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $23,405 per ton, surging by 13% against the previous month. In general, import price indicated moderate growth from March 2023 to February 2024: its price increased at an average monthly rate of +2.1% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +18.7% against November 2023 indices. The growth pace was the most rapid in September 2023 an increase of 52% against the previous month. The import price peaked at $27,432 per ton in October 2023; however, from November 2023 to February 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($64,599 per ton), while the price for Fiji ($2,698 per ton) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Australia (+13.2%), while the prices for the other major suppliers experienced a decline.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand (FOB) - 2022
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $40,993 per ton in 2022, which is down by -28.7% against the previous year. In general, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 126%. As a result, the export price attained the peak level of $57,475 per ton, and then contracted rapidly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($107,561 per ton), while the average price for exports to Tonga ($11,382 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 Netherlands (+12.7%), 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 New Zealand
In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into New Zealand expanded sharply to 4K tons, growing by 6.9% compared with the previous year. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded notably to $79M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.8 | 32.5 | 40.5 | 41.1 | 10.1% |
| Australia | 6.4 | 8.6 | 13.0 | 12.2 | 24.0% |
| Hong Kong SAR | 0.3 | 0.6 | 1.7 | 1.4 | 67.1% |
| Fiji | N/A | 0.1 | 0.6 | 1.0 | 216.2% |
| Others | 12.7 | 13.5 | 17.5 | 23.6 | 22.9% |
| Total | 50.2 | 55.2 | 73.2 | 79.3 | 16.5% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to New Zealand in 2022:
- China (2605.7 tons)
- Australia (920.1 tons)
- Fiji (135.3 tons)
- Hong Kong SAR (63.9 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand
In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from New Zealand shrank modestly to 144 tons, waning by -4.5% on 2021 figures. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of 151 tons, and then reduced in the following year.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors dropped to $5.8M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $6.5M, and then declined in the following year.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,281 | 1,717 | 2,663 | 1,938 | 14.8% |
| United States | 715 | 632 | 762 | 906 | 8.2% |
| Fiji | 287 | 163 | 282 | 505 | 20.7% |
| Netherlands | 120 | 85.9 | 269 | 294 | 34.8% |
| Samoa | 54.9 | 94.4 | 148 | 145 | 38.2% |
| China | 72.6 | 79.9 | 85.4 | 103 | 12.4% |
| Tonga | 437 | 330 | 190 | 64.4 | -47.2% |
| Cook Islands | 92.0 | 125 | 96.1 | 50.7 | -18.0% |
| Others | 838 | 1,005 | 2,032 | 1,785 | 28.7% |
| Total | 3,898 | 4,231 | 6,526 | 5,790 | 14.1% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from New Zealand in 2022:
- Australia (67.3 tons)
- Fiji (20.4 tons)
- Samoa (11.9 tons)
- United States (9.4 tons)
- Tonga (5.7 tons)
- Netherlands (5.3 tons)
- Cook Islands (2.7 tons)
- China (2.4 tons)
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