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

Contents:

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

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Panama (CIF) - 2024

In January 2024, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $13,996 per ton, growing by 3.9% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 63% month-to-month. As a result, import price reached the peak level of $21,689 per ton. From December 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($95,625 per ton), while the price for China ($5,354 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Mexico (+7.9%), 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 Panama (FOB) - 2022

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $5,164 per ton in 2022, dropping by -9.7% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 58% against the previous year. As a result, the export price reached the peak level of $8,683 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($18,885 per ton), while the average price for exports to Belize ($3,299 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 Guatemala (+11.0%), 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 Panama

For the third year in a row, Panama recorded decline in purchases abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors, which decreased by -18.6% to 540 tons in 2022. In general, imports continue to indicate a sharp reduction. The smallest decline of -14.4% was in 2021.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors rose modestly to $7.6M in 2022. Overall, imports continue to indicate a abrupt decrease.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5,4614,1652,2042,298-25.1%
United States2,6151,7281,9621,878-10.4%
Free Zones1,0069411,4841,0983.0%
Germany42597.15774854.5%
Sweden15.929.9202368185.0%
Mexico777358208278-29.0%
South Korea16526019.11721.4%
BangladeshN/AN/AN/A1690%
Spain72257.140.882.6-51.5%
Hong Kong SAR4891,24135.173.8-46.8%
Others1,175408737725-14.9%
Total12,8529,2857,4707,627-16.0%

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

  1. China (196.3 tons)
  2. United States (120.1 tons)
  3. Free Zones (112.6 tons)
  4. Sweden (19.1 tons)
  5. Mexico (17.4 tons)
  6. Bangladesh (16.0 tons)
  7. South Korea (14.0 tons)
  8. Germany (9.1 tons)
  9. Hong Kong SAR (5.5 tons)
  10. Spain (3.1 tons)

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

In 2022, overseas shipments of insulated electric conductors for a voltage under 1000 v, fitted with connectors were finally on the rise to reach 394 tons after two years of decline. Overall, exports showed a strong expansion. 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 soared to $2M in 2022. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.21.7N/A1,1791706.5%
Costa Rica3323232753552.3%
Chile98.838.124.719024.4%
Guatemala1,05766564630.9-69.2%
Jamaica77.024.068.429.9-27.0%
Belize38.16.12.27.2-42.6%
Others293445237233-7.4%
Total1,8961,5031,2532,0252.2%

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

  1. Spain (314.8 tons)
  2. Costa Rica (36.9 tons)
  3. Chile (10.1 tons)
  4. Jamaica (5.4 tons)
  5. Guatemala (4.2 tons)
  6. Belize (2.2 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Panama - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
$599
Jul 1, 2024
Eye 144

This report provides an in-depth analysis of the wire and cable market in Panama.

Panama - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
$599
Jul 1, 2024
Eye 118

This report provides an in-depth analysis of the optical fiber cables market in Panama.

Panama - Insulated Coaxial Cables - Market Analysis, Forecast, Size, Trends And Insights
$599
Jul 1, 2024
Eye 118

This report provides an in-depth analysis of the insulated coaxial cable market in Panama.

Panama - Winding Wire For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
$599
Jul 1, 2024
Eye 184

This report provides an in-depth analysis of the winding wire market in Panama.

Panama - Wiring Sets Used In Vehicles, Aircraft Or Ships - Market Analysis, Forecast, Size, Trends And Insights
$599
Jul 1, 2024
Eye 89

This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in Panama.

Panama - Optical Fibers, Bundles and Cables - Market Analysis, Forecast, Size, Trends And Insights
$599
Jul 1, 2024
Eye 263

This report provides an in-depth analysis of the market for optical fiber, bundle and cable in Panama.

Panama - Insulated electric conductors for a voltage over 1000 V - Market Analysis, Forecast, Size, Trends And Insights
$599
Jul 1, 2024
Eye 87

This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v in Panama.

World - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
$599
Jul 1, 2024
Eye 5987

This report provides an in-depth analysis of the global wire and cable market.

World - Optical Fiber Cables - Market Analysis, Forecast, Size, Trends and Insights
$599
Jul 1, 2024
Eye 3741

This report provides an in-depth analysis of the global optical fiber cables market.

World - Insulated Coaxial Cables - Market Analysis, Forecast, Size, Trends And Insights
$599
Jul 1, 2024
Eye 711

This report provides an in-depth analysis of the global insulated coaxial cable market.

Top 10 Wire and Cable Import Markets in the World
Dec 26, 2023
Eye 928

Explore the top 10 countries dominating the wire and cable import market, including the United States, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.

The Expansion of Data Center Facilities and Telecom Drives the Global Wire and Cable Market While the Pandemic Hampers Construction and Industry
Dec 9, 2020
Eye 984

In 2019, the global wire and cable market increased by 0.5% to $239.6B, rising for the third year in a row after two...

Which Country Imports the Most Insulated Wire and Cable in the World?
May 28, 2018
Eye 12762

Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...

Which Country Exports the Most Insulated Wire and Cable in the World?
May 28, 2018
Eye 2202

Global wire and cable imports totaled X tons in 2016, jumping by X% against the previous year level. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports volume increa...

Global Optical Fiber Cables Market to Witness Steady Growth with a CAGR of +3.9% from 2023 to 2030
Jun 11, 2024
Eye 132

The global market for optical fiber cables is projected to experience continuous growth over the next seven years, driven by increasing demand worldwide. With an anticipated CAGR of +3.9% in volume and +5.7% in value, the market is expected to reach 2.2M tons and $29.6B by the end of 2030 respectively.

Top Import Markets for Optical Fiber Cables: Key Statistics
Nov 28, 2023
Eye 511

Discover the top import markets for optical fiber cables worldwide, backed by key statistics. Learn about the booming demand for optical fiber cables and the countries driving this growth. Utilizing data from the IndexBox market intelligence platform.

The Transition to 5G to Boost Demand for Optical Fiber
Jun 22, 2021
Eye 1054

As countries implement 5G networks, the increased demand is predicted to significantly drive the market for optical fiber to reach 1.5M tons by 2030. This new generation of mobile broadband will require building dense networks of base stations connected by optical fiber cables.  In the near future, the U.S., China, Japan and the EU should become the most lucrative markets for sales and distribution of fiber optics.

Global Optical Fiber Cables Market 2019 - Key Insights
Jun 28, 2019
Eye 975

The global optical fiber cables market revenue amounted to $12.7B in 2017, growing by 4.6% against the previous year. This...

The U.S. Remains One of the Largest Exporters of Optical Fiber Cables in the World, with $1.0B in 2014
Jul 14, 2015
Eye 489

The U.S. took over second place in the global optical fiber cable trade. In 2014, the U.S. exported approximately X thousand tons of optical fiber cables totaling X billion USD, X% over the previous year. Its primary trading partner was its close

World's Best Import Markets for Insulated Coaxial Cable
May 22, 2024
Eye 237

Explore the top import markets for insulated coaxial cable and discover key statistics on countries driving the global demand. Learn about the latest trends and opportunities in the industry.

Free Data: Insulated electric conductors; for a voltage not exceeding 1000 volts, fitted with connectors - Panama