Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania (FOB) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania (CIF) - 2022
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania (FOB) - 2024
The average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $58,934 per ton in January 2024, with a decrease of -7.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2023 when the average export price increased by 33% month-to-month. The export price peaked at $70,812 per ton in April 2023; however, from May 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Denmark ($242K per ton), while the average price for exports to Equatorial Guinea ($11,818 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania (CIF) - 2022
The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $22,176 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% 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 +30.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($42,438 per ton), while the price for Estonia ($13,459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania
Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Lithuania soared to 1.5K tons in 2022, growing by 99% compared with 2021 figures. In general, exports recorded 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 $53M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.5% against 2019 indices. As a result, the exports attained 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 Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 6.9 | 5.6 | 6.4 | 15.1 | 29.8% |
| Denmark | 9.6 | 13.0 | 10.2 | 11.5 | 6.2% |
| Netherlands | 1.2 | 1.1 | 1.5 | 8.6 | 92.8% |
| Estonia | 1.5 | 1.2 | 1.5 | 2.3 | 15.3% |
| Latvia | 1.1 | 1.3 | 1.6 | 2.1 | 24.1% |
| Russia | 5.1 | 4.3 | 5.4 | 1.2 | -38.3% |
| Poland | 0.5 | 1.1 | 1.1 | 1.1 | 30.1% |
| Others | 9.2 | 8.4 | 8.8 | 11.0 | 6.1% |
| Total | 35.1 | 36.0 | 36.5 | 52.8 | 14.6% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Lithuania in 2022:
- Sweden (745.1 tons)
- Netherlands (208.5 tons)
- Latvia (81.6 tons)
- Denmark (79.3 tons)
- Estonia (67.1 tons)
- Russia (30.1 tons)
- Poland (27.9 tons)
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania
In 2022, purchases abroad of insulated electric conductors for a voltage under 1000 v, fitted with connectors decreased by -9.8% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors rose to $49M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.6 | 8.7 | 14.8 | 14.3 | 23.5% |
| Germany | 7.5 | 7.1 | 8.8 | 7.9 | 1.7% |
| Sweden | 4.0 | 2.9 | 3.1 | 4.1 | 0.8% |
| Poland | 1.7 | 1.9 | 2.3 | 3.4 | 26.0% |
| Czech Republic | 2.3 | 2.1 | 2.7 | 3.2 | 11.6% |
| Latvia | 1.0 | 1.1 | 1.3 | 2.4 | 33.9% |
| Brazil | N/A | N/A | N/A | 2.2 | 0% |
| Netherlands | 1.8 | 1.5 | 2.1 | 2.2 | 6.9% |
| Finland | 3.1 | 3.3 | 2.6 | 2.2 | -10.8% |
| Italy | 1.1 | 1.0 | 1.1 | 0.7 | -14.0% |
| Estonia | 0.3 | 0.3 | 0.9 | 0.5 | 18.6% |
| Turkey | 0.3 | 0.1 | 0.4 | 0.2 | -12.6% |
| Others | 7.6 | 8.2 | 7.9 | 6.2 | -6.6% |
| Total | 38.2 | 38.3 | 48.1 | 49.4 | 8.9% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Lithuania in 2022:
- China (915.8 tons)
- Germany (342.9 tons)
- Poland (223.6 tons)
- Latvia (178.9 tons)
- Sweden (132.0 tons)
- Czech Republic (82.4 tons)
- Finland (58.3 tons)
- Brazil (50.8 tons)
- Italy (48.8 tons)
- Netherlands (40.8 tons)
- Estonia (36.9 tons)
- Turkey (22.4 tons)
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