Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey (CIF) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey (FOB) - 2024
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey (CIF) - 2024
In January 2024, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $23,437 per ton, reducing by -13.6% against the previous month. Over the last eleven months, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in March 2023 an increase of 27% m-o-m. The import price peaked at $27,123 per ton in December 2023, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the Czech Republic ($57,427 per ton), while the price for Austria ($12,967 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.2%), 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 Turkey (FOB) - 2024
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $17,617 per ton in January 2024, picking up by 4.9% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in August 2023 an increase of 13% month-to-month. As a result, the export price reached the peak level of $18,671 per ton. From September 2023 to January 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Germany ($33,276 per ton), while the average price for exports to Azerbaijan ($5,549 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.9%), 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 Turkey
In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors imported into Turkey rose notably to 15K tons, with an increase of 6.7% on the previous year. The total import volume increased at an average annual rate of +10.1% 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 2020 when imports increased by 21%. Imports peaked in 2022 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 skyrocketed to $319M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 increased by +65.5% against 2019 indices. As a result, imports reached 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 82.4 | 93.5 | 116 | 131 | 16.7% |
| Germany | 17.4 | 20.1 | 26.1 | 30.0 | 19.9% |
| Czech Republic | 7.0 | 11.4 | 13.0 | 20.3 | 42.6% |
| Italy | 7.0 | 7.1 | 9.3 | 9.6 | 11.1% |
| Poland | 5.3 | 6.8 | 7.0 | 8.6 | 17.5% |
| Romania | 3.8 | 5.3 | 7.3 | 8.4 | 30.3% |
| Slovakia | 2.2 | 3.7 | 3.6 | 2.7 | 7.1% |
| Serbia | 3.3 | 3.4 | 4.3 | 2.3 | -11.3% |
| Austria | 3.0 | 2.4 | 3.1 | 1.9 | -14.1% |
| Others | 61.0 | 75.5 | 74.3 | 103 | 19.1% |
| Total | 193 | 229 | 264 | 319 | 18.2% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Turkey in 2022:
- China (9.4K tons)
- Czech Republic (1.4K tons)
- Germany (1.0K tons)
- Romania (0.4K tons)
- Italy (0.4K tons)
- Poland (0.3K tons)
- Serbia (0.2K tons)
- Slovakia (0.2K tons)
- Austria (0.1K tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey
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 -5.6% to 14K tons. 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports attained the peak of 15K tons, and then fell in the following year.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $202M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 47.1 | 44.0 | 58.2 | 60.9 | 8.9% |
| Poland | 16.7 | 18.2 | 21.3 | 23.5 | 12.1% |
| Romania | 4.9 | 7.2 | 13.0 | 13.1 | 38.8% |
| Italy | 4.1 | 4.9 | 8.3 | 8.0 | 25.0% |
| Russia | 2.3 | 2.5 | 5.1 | 6.9 | 44.2% |
| Bulgaria | 3.1 | 2.9 | 4.3 | 6.8 | 29.9% |
| France | 3.0 | 3.7 | 7.0 | 6.1 | 26.7% |
| Spain | 1.9 | 5.3 | 7.5 | 5.9 | 45.9% |
| Slovenia | 0.9 | 2.9 | 4.7 | 4.8 | 74.7% |
| Turkmenistan | 1.2 | 1.4 | 1.6 | 4.4 | 54.2% |
| Azerbaijan | 1.5 | 1.4 | 1.6 | 2.3 | 15.3% |
| Algeria | 1.9 | 0.8 | 1.7 | 2.0 | 1.7% |
| Serbia | 1.2 | 0.9 | 1.3 | 2.0 | 18.6% |
| Others | 38.5 | 34.4 | 56.7 | 54.8 | 12.5% |
| Total | 128 | 130 | 192 | 202 | 16.4% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Turkey in 2022:
- Germany (2.7K tons)
- Poland (1.9K tons)
- Romania (1.5K tons)
- Italy (0.8K tons)
- Turkmenistan (0.6K tons)
- Bulgaria (0.6K tons)
- Russia (0.5K tons)
- Spain (0.5K tons)
- Slovenia (0.4K tons)
- Algeria (0.3K tons)
- France (0.3K tons)
- Serbia (0.2K tons)
- Azerbaijan (0.2K tons)
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