Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan (CIF) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan (FOB) - 2024
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan (CIF) - 2024
In November 2023, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $33,638 per ton, rising by 3.3% against the previous month. In general, the import price, however, recorded a slight setback. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 3.5% against the previous month. The import price peaked at $37,184 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Philippines ($44,455 per ton), while the price for Thailand ($25,029 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan (FOB) - 2024
In November 2023, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $63,454 per ton, waning by -6.4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 8% m-o-m. As a result, the export price reached the peak level of $69,425 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($154K per ton), while the average price for exports to Brazil ($26,713 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.4%), 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 Japan
Imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Japan reached 58K tons in 2022, surging by 3% against the previous year's figure. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 9.5% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded to $2B in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,090 | 996 | 1,196 | 1,243 | 4.5% |
| Vietnam | 217 | 240 | 272 | 271 | 7.7% |
| Thailand | 66.1 | 69.2 | 80.4 | 79.6 | 6.4% |
| Philippines | 60.3 | 63.9 | 73.2 | 74.9 | 7.5% |
| Indonesia | 38.1 | 33.1 | 43.0 | 45.7 | 6.3% |
| Taiwan (Chinese) | 26.5 | 24.6 | 31.9 | 35.8 | 10.5% |
| Others | 249 | 266 | 229 | 228 | -2.9% |
| Total | 1,748 | 1,692 | 1,925 | 1,977 | 4.2% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Japan in 2022:
- China (40.8K tons)
- Vietnam (8.0K tons)
- Thailand (3.4K tons)
- Taiwan (Chinese) (1.4K tons)
- Philippines (1.4K tons)
- Indonesia (1.2K tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan
Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Japan soared to 8.5K tons in 2022, increasing by 16% compared with 2021 figures. The total export volume increased at an average annual rate of +8.1% 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 2021 when exports increased by 23%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors fell modestly to $568M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of $572M, leveling off in the following year.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 117 | 108 | 136 | 133 | 4.4% |
| China | 105 | 103 | 127 | 117 | 3.7% |
| Taiwan (Chinese) | 24.2 | 26.4 | 38.2 | 42.3 | 20.5% |
| South Korea | 26.0 | 35.9 | 37.5 | 36.3 | 11.8% |
| Thailand | 27.7 | 21.0 | 26.7 | 29.2 | 1.8% |
| Germany | 19.0 | 20.0 | 24.4 | 22.5 | 5.8% |
| Vietnam | 16.3 | 15.5 | 23.3 | 21.0 | 8.8% |
| Singapore | 13.3 | 8.3 | 17.2 | 19.5 | 13.6% |
| Hong Kong SAR | 14.6 | 13.3 | 17.8 | 14.6 | 0.0% |
| Philippines | 13.1 | 13.3 | 12.8 | 12.1 | -2.6% |
| Indonesia | 7.3 | 8.5 | 11.2 | 10.1 | 11.4% |
| Brazil | 6.2 | 5.7 | 7.4 | 7.7 | 7.5% |
| Hungary | 2.2 | 2.3 | 2.9 | 6.7 | 44.9% |
| Others | 89.6 | 71.0 | 89.2 | 96.8 | 2.6% |
| Total | 482 | 452 | 572 | 568 | 5.6% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Japan in 2022:
- China (2079.5 tons)
- United States (1565.0 tons)
- Thailand (747.4 tons)
- Taiwan (Chinese) (639.3 tons)
- South Korea (593.6 tons)
- Vietnam (337.8 tons)
- Brazil (323.1 tons)
- Hong Kong SAR (284.7 tons)
- Philippines (187.9 tons)
- Singapore (182.4 tons)
- Germany (159.1 tons)
- Hungary (131.4 tons)
- Indonesia (120.9 tons)
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