Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the Dominican Republic - 2023

Contents:

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

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

The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $177,589 per ton in 2022, jumping by 128% against the previous year. In general, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 195%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 Canada ($461,761 per ton), while the average price for exports to Haiti ($8,056 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 Canada (+67.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $10,975 per ton, rising by 18% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 260% against the previous year. As a result, import price attained the peak level of $42,946 per ton. From 2020 to 2022, the average 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 Mexico ($18,818 per ton), while the price for China ($11,490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-5.2%), while the prices for the other major suppliers experienced a decline.

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

Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from the Dominican Republic reduced dramatically to 82 tons in 2022, which is down by -50.5% on 2021. Over the period under review, exports showed a significant contraction. The smallest decline of -8.1% was in 2021.

In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors reached $15M in 2022. In general, exports recorded a abrupt slump.

Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada11.38.28.411.81.5%
United States15.38.64.32.9-42.6%
Haiti0.1N/AN/AN/A0%
Others0.20.10.10.1-20.6%
Total26.917.012.914.8-18.1%

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

  1. United States (52.1 tons)
  2. Canada (25.5 tons)
  3. Haiti (2.4 tons)

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

For the third year in a row, the Dominican Republic recorded decline in overseas purchases of insulated electric conductors for a voltage under 1000 v, fitted with connectors, which decreased by -15.9% to 995 tons in 2022. In general, imports continue to indicate a deep contraction. The smallest decline of -4% was in 2021.

In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors surged to $14M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.96.66.37.52.8%
United States3.22.32.84.07.7%
Spain1.30.20.70.8-14.9%
Costa Rica0.50.20.30.2-26.3%
Others1.40.91.01.76.7%
Total13.310.111.014.12.0%

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

  1. China (652.9 tons)
  2. United States (218.9 tons)
  3. Spain (55.9 tons)
  4. Costa Rica (15.6 tons)

Source: IndexBox Market Intelligence Platform

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