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

Contents:

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

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

The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $8,658 per ton in 2022, shrinking by -1.6% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +56.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 52%. The import price peaked at $8,799 per ton in 2021, and then contracted modestly in the following year.

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 Sweden ($22,489 per ton), while the price for China ($7,797 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+22.7%), 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 Sudan (FOB) - 2022

In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $49,662 per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 559%. Over the period under review, the average export prices reached the maximum at $85,457 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +8.9% per year.

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

In 2022, approx. 571 tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were imported into Sudan; picking up by 41% against the previous year's figure. In general, imports, however, saw a pronounced shrinkage.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors surged to $4.9M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.5% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 70%. As a result, imports reached the peak of $6.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sudan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.84.62.33.524.8%
United Arab Emirates0.70.70.60.98.7%
Turkey0.30.20.1N/A-42.3%
Others0.90.60.60.5-17.8%
Total3.66.13.64.910.8%

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

  1. China (448.7 tons)
  2. United Arab Emirates (99.7 tons)
  3. Turkey (3.4 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors, when their volume decreased by -5.3% to 479 kg. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 584% against the previous year. As a result, the exports reached the peak of 506 kg, and then reduced in the following year.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $24K in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 959%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.22.21.523.8391.9%
Sri LankaN/AN/A0.1N/A0%
SenegalN/AN/A3.1N/A0%
UzbekistanN/AN/A10.2N/A0%
United Arab EmiratesN/AN/A8.6N/A0%
Others0.9N/A0.2N/A-52.9%
Total1.12.223.723.8178.7%

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

  1. Thailand (479.0 kg)

Source: IndexBox Market Intelligence Platform

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