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

Contents:

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

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

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $19,528 per ton, flattening at the previous year. In general, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 110%. As a result, the export price attained the peak level of $20,965 per ton. From 2019 to 2022, the average 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 Romania ($28,954 per ton), while the average price for exports to Italy ($14,214 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 Slovakia (+6.6%), 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 Serbia (CIF) - 2024

In February 2024, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $23,093 per ton, picking up by 7.8% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in July 2023 an increase of 14% m-o-m. Over the period under review, average import prices reached the peak figure in February 2024.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($37,507 per ton), while the price for Turkey ($10,540 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Hungary (+5.9%), 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 Serbia

After three years of growth, shipments abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -8.8% to 6.2K tons in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports reached the peak of 6.8K tons, and then dropped in the following year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors fell to $120M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +39.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of $132M, and then dropped in the following year.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia12.815.123.024.123.5%
Slovakia10.619.720.119.522.5%
Italy4.35.08.915.152.0%
Germany10.014.315.814.112.1%
Czech Republic5.46.211.26.98.5%
Austria3.13.13.96.729.3%
Romania7.46.111.84.9-12.8%
Hungary20.214.212.24.9-37.6%
Others12.018.024.923.825.6%
Total85.910213212011.8%

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

  1. Slovakia (1077.3 tons)
  2. Italy (1060.9 tons)
  3. Slovenia (924.0 tons)
  4. Germany (842.6 tons)
  5. Czech Republic (443.3 tons)
  6. Austria (420.4 tons)
  7. Hungary (330.0 tons)
  8. Romania (169.1 tons)

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

After three years of growth, overseas purchases of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -10.6% to 7K tons in 2022. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 9.9%. As a result, imports attained the peak of 7.8K tons, and then shrank in the following year.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors fell to $115M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of $130M, and then shrank in the following year.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary32.039.441.533.61.6%
China11.411.617.720.722.0%
Italy11.713.119.415.39.4%
Czech Republic14.113.216.312.6-3.7%
South Korea4.64.53.94.5-0.7%
Slovakia5.33.23.83.6-12.1%
Slovenia4.95.35.33.0-15.1%
Turkey1.30.81.22.320.9%
Others22.922.721.119.2-5.7%
Total1081141301152.1%

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

  1. Hungary (2575.7 tons)
  2. Italy (1263.2 tons)
  3. China (1198.0 tons)
  4. Czech Republic (524.8 tons)
  5. Slovakia (323.3 tons)
  6. Turkey (240.8 tons)
  7. South Korea (194.4 tons)
  8. Slovenia (165.7 tons)

Source: IndexBox Market Intelligence Platform

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