Price for Winding Wire, Other than of Copper in Uruguay - 2023

Contents:

  1. Price for Winding Wire, Other than of Copper in Uruguay (CIF) - 2022
  2. Price for Winding Wire, Other than of Copper in Uruguay (FOB) - 2022
  3. Imports of Winding Wire, Other than of Copper in Uruguay
  4. Exports of Winding Wire, Other than of Copper in Uruguay

Price for Winding Wire, Other than of Copper in Uruguay (CIF) - 2022

The average import price for winding wire, other than of coppers stood at $5,484 per ton in 2022, with an increase of 8.9% against the previous year. Over the period under review, the import price showed a tangible expansion. The pace of growth appeared the most rapid in 2015 an increase of 147%. As a result, import price reached the peak level of $12,439 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($17,500 per ton), while the price for China ($3,433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Winding Wire, Other than of Copper in Uruguay (FOB) - 2022

The average export price for winding wire, other than of coppers stood at $51,336 per ton in 2022, surging by 787% against the previous year. Overall, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($137,333 per ton), while the average price for exports to Germany totaled $35,652 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.5%).

Imports of Winding Wire, Other than of Copper in Uruguay

Imports of winding wire, other than of coppers into Uruguay fell to 63 tons in 2022, shrinking by -7.6% compared with the previous year. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 111% against the previous year. As a result, imports attained the peak of 68 tons, and then shrank in the following year.

In value terms, imports of winding wire, other than of coppers stood at $345K in 2022. Overall, imports, however, recorded moderate growth. The growth pace was the most rapid in 2021 with an increase of 117%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Winding Wire, Other than of Copper in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand14697.318519910.9%
China50.634.910910125.9%
Brazil83.912.330.624.4-33.7%
Others20.413.117.920.70.5%
Total3011583433454.7%

Top Suppliers of Winding Wire, Other than of Copper to Uruguay in 2022:

  1. China (29.3 tons)
  2. Thailand (26.8 tons)
  3. Brazil (5.4 tons)

Exports of Winding Wire, Other than of Copper in Uruguay

In 2022, overseas shipments of winding wire, other than of coppers decreased by 0% to 26 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 9,150%. As a result, the exports reached the peak of 2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of winding wire, other than of coppers skyrocketed to $1.2K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,152% against the previous year. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Winding Wire, Other than of Copper in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A0.80%
Brazil0.30.50.10.410.1%
ArgentinaN/A13.3N/AN/A0%
Others0.4N/A0.1N/A-50.0%
Total0.613.80.21.226.0%

Top Export Markets for Winding Wire, Other than of Copper from Uruguay in 2022:

  1. Germany (23.0 kg)
  2. Brazil (3.0 kg)

Source: IndexBox Market Intelligence Platform

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