Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman - 2022
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $21,652 per ton, rising by 64% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 157% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
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 the United States ($62,535 per ton), while the price for China ($13,201 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 (+18.1%), 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 Oman (FOB) - 2022
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $5,101 per ton in 2022, dropping by -8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 an increase of 44%. The export price peaked at $7,120 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($153,765 per ton), while the average price for exports to Somalia ($1,289 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 Hong Kong SAR (+32.4%), 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 Oman
In 2022, overseas purchases of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -30.5% to 806 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant decline. The pace of growth was the most pronounced in 2020 when imports increased by 4%. As a result, imports reached the peak of 7.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $17M in 2022. In general, imports showed a sharp reduction.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 35.3 | 34.2 | 9.5 | 10.0 | -34.3% |
| United States | 1.2 | 1.0 | 1.4 | 1.7 | 12.3% |
| India | N/A | 0.6 | 0.8 | 0.8 | 15.5% |
| China | 1.0 | 0.3 | 0.8 | 0.8 | -7.2% |
| South Korea | 0.3 | 0.3 | 0.2 | 0.6 | 26.0% |
| Others | 4.2 | 4.5 | 3.7 | 2.6 | -14.8% |
| Total | 42.0 | 40.8 | 16.4 | 16.6 | -26.6% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Oman in 2022:
- United Arab Emirates (604.0 tons)
- China (63.3 tons)
- India (51.8 tons)
- United States (27.9 tons)
- South Korea (26.4 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman
In 2022, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -97.8% to 22 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 7.6%. As a result, the exports attained the peak of 990 tons, and then shrank dramatically in the following year.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors shrank remarkably to $110K in 2022. Overall, exports faced a precipitous curtailment. The smallest decline of -2.3% was in 2021.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,856 | 3,018 | 3,123 | 61.1 | -68.0% |
| Tanzania | 4.2 | 16.0 | 68.2 | 25.4 | 82.2% |
| Iraq | 216 | 232 | 282 | 7.0 | -68.1% |
| Qatar | 2,894 | 1,602 | 840 | 4.8 | -88.2% |
| Bahrain | 127 | 117 | 122 | 2.6 | -72.6% |
| Yemen | 150 | 61.0 | 118 | 1.1 | -80.6% |
| Somalia | 20.3 | 15.4 | 13.2 | 0.2 | -78.6% |
| Others | 806 | 579 | 946 | 8.3 | -78.2% |
| Total | 6,074 | 5,641 | 5,512 | 110 | -73.7% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Oman in 2022:
- United Arab Emirates (15.4 tons)
- Tanzania (2.3 tons)
- Iraq (1.9 tons)
- Bahrain (1.2 tons)
- Qatar (0.2 tons)
- Somalia (0.2 tons)
- Yemen (0.2 tons)
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