EU: Market for Insulated electric conductors for a voltage over 1000 V 2024

Market Size for Insulated electric conductors for a voltage over 1000 V in the EU

The EU market for insulated electric conductors for a voltage over X v stood at $X in 2023, remaining constant against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked in 2023 and is likely to see gradual growth in the near future.

Production of Insulated electric conductors for a voltage over X V in the EU

In value terms, production of insulated electric conductors for a voltage over X v stood at $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production of growth failed to regain momentum.

Exports of Insulated electric conductors for a voltage over 1000 V

Exports in the EU

In 2023, shipments abroad of insulated electric conductors for a voltage over X v increased by X% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2023 and are likely to continue growth in the immediate term.

In value terms, exports of insulated electric conductors for a voltage over X v stood at $X in 2023. Total exports indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports of reached the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

Poland (X tons), Italy (X tons), Sweden (X tons), Germany (X tons), the Netherlands (X tons), Romania (X tons), the Czech Republic (X tons), Finland (X tons), France (X tons), Greece (X tons), Portugal (X tons) and Spain (X tons) represented roughly X% of total exports in 2023.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2023, together comprising X% of total exports. Sweden, the Netherlands, France, Romania, Finland, the Czech Republic, Greece, Portugal and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Imports of Insulated electric conductors for a voltage over 1000 V

Imports in the EU

In 2023, overseas purchases of insulated electric conductors for a voltage over X v increased by X% to X tons, rising for the fifth year in a row after three years of decline. Total imports indicated a remarkable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2022 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, imports of insulated electric conductors for a voltage over X v rose markedly to $X in 2023. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

Germany was the key importer of insulated electric conductors for a voltage over X v in the European Union, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. It was distantly followed by the Netherlands (X tons), Poland (X tons), Spain (X tons), Austria (X tons), France (X tons), Denmark (X tons) and Italy (X tons), together comprising a X% share of total imports. Belgium (X tons), Greece (X tons), Sweden (X tons), Slovakia (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to insulated electric conductors for a voltage over X v imports into Germany stood at X%. At the same time, Greece (X%), Spain (X%), Poland (X%), the Netherlands (X%), Denmark (X%), Slovakia (X%), Austria (X%), Italy (X%), France (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Belgium experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Germany (X p.p.), Spain (X p.p.), Poland (X p.p.), the Netherlands (X p.p.) and Greece (X p.p.) significantly strengthened its position in terms of the total imports, while France, the Czech Republic and Belgium saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported insulated electric conductors for a voltage over X v in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform