Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka - 2022
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $8,856 per ton, rising by 27% against the previous year. Overall, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure at $9,469 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 Switzerland ($44,764 per ton), while the price for Hong Kong SAR ($4,075 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), 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 Sri Lanka (FOB) - 2022
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $54,609 per ton in 2022, reducing by -11.1% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +11.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 61%. Over the period under review, the average export prices hit record highs at $61,408 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($121,447 per ton), while the average price for exports to Maldives ($4,252 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 United Arab Emirates (+10.8%), 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 Sri Lanka
In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Sri Lanka contracted rapidly to 632 tons, with a decrease of -37.7% against the previous year. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 37%.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors contracted significantly to $5.6M in 2022. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 2.0 | 3.9 | 2.6 | -4.7% |
| Switzerland | 0.5 | 0.8 | 1.0 | 1.1 | 30.1% |
| India | 1.0 | 0.1 | 0.3 | 0.2 | -41.5% |
| Hong Kong SAR | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 3.4 | 1.2 | 1.8 | 1.5 | -23.9% |
| Total | 7.9 | 4.2 | 7.1 | 5.6 | -10.8% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Sri Lanka in 2022:
- China (528.0 tons)
- India (36.8 tons)
- Switzerland (25.5 tons)
- Hong Kong SAR (15.3 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka
In 2022, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Sri Lanka dropped to 78 tons, waning by -7.2% compared with the previous year. Over the period under review, exports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2021 when exports increased by 148%. As a result, the exports attained the peak of 84 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 reached $4.4M in 2022. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 115%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,714 | 959 | 2,116 | 2,818 | 18.0% |
| Germany | 11.6 | 125 | 485 | 437 | 235.2% |
| Romania | 404 | 144 | 261 | 250 | -14.8% |
| Croatia | 25.1 | 18.1 | 66.4 | 239 | 112.0% |
| Austria | 293 | 46.9 | 92.1 | 95.2 | -31.3% |
| India | 6.9 | 127 | 498 | 95.0 | 139.7% |
| Switzerland | 72.3 | 14.5 | 33.3 | 83.2 | 4.8% |
| Sweden | 235 | 97.4 | 8.5 | 79.5 | -30.3% |
| Thailand | 441 | 100 | 116 | 41.7 | -54.4% |
| United Arab Emirates | 3.7 | 20.1 | 16.5 | 21.5 | 79.8% |
| Maldives | 75.8 | 6.2 | 36.4 | 11.2 | -47.1% |
| Seychelles | 0.4 | 0.2 | 0.8 | 8.4 | 175.9% |
| Denmark | 49.4 | 128 | 129 | 4.2 | -56.0% |
| Others | 476 | 116 | 230 | 264 | -17.8% |
| Total | 3,808 | 1,903 | 4,089 | 4,447 | 5.3% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Sri Lanka in 2022:
- Norway (28.6 tons)
- Germany (14.3 tons)
- India (6.7 tons)
- Croatia (6.0 tons)
- Romania (2.6 tons)
- Maldives (2.6 tons)
- United Arab Emirates (2.4 tons)
- Switzerland (2.2 tons)
- Austria (1.8 tons)
- Thailand (1.7 tons)
- Seychelles (1.4 tons)
- Sweden (0.7 tons)
- Denmark (0.2 tons)
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