Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania - 2023
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $6,755 per ton, reducing by -13.6% against the previous year. In general, the import price, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 48%. The import price peaked at $7,938 per ton in 2013; however, from 2014 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 Hong Kong SAR ($26,901 per ton), while the price for North Macedonia ($1,207 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.0%), 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 Tanzania (FOB) - 2022
In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $12,671 per ton, jumping by 157% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2018 an increase of 14,047%. As a result, the export price attained the peak level of $195,932 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($40,320 per ton), while the average price for exports to Democratic Republic of the Congo ($2,516 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 Netherlands (+46.1%), 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 Tanzania
In 2022, overseas purchases of insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by 84% to 1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors soared to $6.8M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,654 | 2,196 | 1,266 | 2,404 | 13.3% |
| Hong Kong SAR | 19.7 | 65.1 | 161 | 1,893 | 358.0% |
| Turkey | 1,964 | 394 | 298 | 440 | -39.3% |
| Egypt | 0.2 | 47.9 | 658 | 72.4 | 612.7% |
| United Arab Emirates | 43.8 | 48.9 | 25.7 | 38.7 | -4.0% |
| North Macedonia | 3.2 | 22.2 | 11.7 | 34.3 | 120.5% |
| United Kingdom | 1,153 | 31.4 | 98.1 | 30.7 | -70.1% |
| Others | 1,870 | 1,445 | 1,631 | 1,889 | 0.3% |
| Total | 6,708 | 4,251 | 4,150 | 6,802 | 0.5% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Tanzania in 2022:
- China (690.5 tons)
- Turkey (83.9 tons)
- Hong Kong SAR (70.4 tons)
- North Macedonia (28.4 tons)
- United Arab Emirates (16.0 tons)
- Egypt (11.5 tons)
- United Kingdom (2.0 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Tanzania
In 2022, approx. 22 tons of insulated electric conductors for a voltage under 1000 v, fitted with connectors were exported from Tanzania; surging by 211% against 2021. Overall, exports enjoyed a significant increase. 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 $109K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached 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 Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 67.6 | 0% |
| Belgium | N/A | N/A | 3.7 | 13.8 | 273.0% |
| Germany | N/A | N/A | N/A | 6.7 | 0% |
| Democratic Republic of the Congo | N/A | 3.7 | N/A | 6.5 | 32.5% |
| Uganda | 0.1 | 8.7 | N/A | 1.9 | 166.8% |
| South Africa | 40.1 | 3.2 | 6.5 | 0.8 | -72.9% |
| Kenya | N/A | 0.1 | 9.6 | N/A | 9500.0% |
| Afghanistan | 6.4 | N/A | N/A | N/A | 0% |
| Others | 10.1 | 3.1 | 14.6 | 11.6 | 4.7% |
| Total | 56.8 | 18.7 | 34.4 | 109 | 24.3% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Tanzania in 2022:
- United Arab Emirates (16.2 tons)
- Democratic Republic of the Congo (2.6 tons)
- Belgium (1.1 tons)
- Germany (0.9 tons)
- Uganda (0.6 tons)
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