Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Saudi Arabia - 2022

Contents:

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

Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Saudi Arabia (FOB) - 2022

In 2021, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $10,526 per ton, rising by 20% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 153% against the previous year. Over the period under review, the average export prices hit record highs at $16,952 per ton in 2019; however, from 2020 to 2021, 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 India ($259,536 per ton), while the average price for exports to Jordan ($413 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+73.4%), 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 Saudi Arabia (CIF) - 2022

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $16,863 per ton in 2021, rising by 38% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. Over the period under review, average import prices reached the maximum at $24,878 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($24,327 per ton), while the price for Spain ($5,725 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+20.4%), 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 Saudi Arabia

In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors exported from Saudi Arabia dropped notably to 120 tons, waning by -64.3% against the previous year. In general, exports saw a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors declined sharply to $2.5M in 2022. Over the period under review, exports faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab EmiratesN/A47680970.0%
United KingdomN/A9.57347626.3%
Iraq480N/A5234.4%
Bahrain95.846137698.1%
BelgiumN/A35.466.688.1%
EgyptN/A35029.8-91.5%
Jordan144N/A2.6-86.6%
Others4,972303970-55.8%
Total5,6921,6353,511-21.5%

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

  1. United Kingdom (114.1 tons)
  2. Iraq (89.4 tons)
  3. United Arab Emirates (66.0 tons)
  4. Bahrain (37.0 tons)
  5. Jordan (6.2 tons)
  6. Egypt (6.1 tons)
  7. Belgium (0.7 tons)

Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Saudi Arabia

After two years of growth, overseas purchases of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -49.6% to 3.8K tons in 2021. In general, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of 7.5K tons, and then fell rapidly in the following year.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors reduced sharply to $64M in 2021. Overall, imports faced a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 4.2%. As a result, imports attained the peak of $95M, and then contracted rapidly in the following year.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China45.836.720.9-32.4%
United States11.816.511.1-3.0%
Germany6.87.56.5-2.2%
Taiwan (Chinese)2.23.25.558.1%
United Arab Emirates1.61.91.99.0%
Ireland1.95.51.90.0%
Italy0.90.80.4-33.3%
Spain0.90.30.4-33.3%
South Korea1.62.1N/A31.3%
Others18.021.015.3-7.8%
Total91.695.563.9-16.5%

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

  1. China (1391.9 tons)
  2. Taiwan (Chinese) (731.8 tons)
  3. United States (457.7 tons)
  4. Germany (308.9 tons)
  5. United Arab Emirates (172.0 tons)
  6. Ireland (114.2 tons)
  7. Spain (72.1 tons)
  8. Italy (60.3 tons)

Source: IndexBox Market Intelligence Platform

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