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Colombia - Copper Stranded Wire, Cables And Plaited Bands - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Stranded Wire Price in Colombia - 2022
Contents:
- Copper Stranded Wire Price in Colombia (FOB) - 2022
- Copper Stranded Wire Price in Colombia (CIF) - 2022
- Copper Stranded Wire Exports in Colombia
- Copper Stranded Wire Imports in Colombia
Copper Stranded Wire Price in Colombia (FOB) - 2022
The average copper stranded wire export price stood at $11,136 per ton in 2022, growing by 2.3% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper stranded wire export price increased by +53.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 50%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bolivia ($14,623 per ton) and Peru ($11,673 per ton), while the average price for exports to Brazil ($10,004 per ton) and Chile ($11,391 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Stranded Wire Price in Colombia (CIF) - 2022
In 2022, the average copper stranded wire import price amounted to $16,203 per ton, growing by 38% against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 60%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($33,265 per ton), while the price for Mexico ($12,104 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Stranded Wire Exports in Colombia
After three years of growth, overseas shipments of copper stranded wire, cables and plaited bands decreased by -12.8% to 392 tons in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 56%. As a result, the exports reached the peak of 449 tons, and then contracted in the following year.
In value terms, copper stranded wire exports fell to $4.4M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 134%. As a result, the exports attained the peak of $4.9M, and then dropped in the following year.
Export of Copper Stranded Wire in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 1,211 | 1,313 | 2,525 | 2,335 | 24.5% |
Brazil | N/A | 418 | 1,345 | 1,170 | 67.3% |
Chile | N/A | N/A | 138 | 692 | 401.4% |
Argentina | N/A | 76.5 | 136 | 73.8 | -1.8% |
Bolivia | 93.4 | 147 | 492 | 35.8 | -27.4% |
Peru | 455 | 139 | 247 | 28.0 | -60.5% |
Others | 104 | 0.3 | 11.2 | 30.9 | -33.3% |
Total | 1,864 | 2,095 | 4,895 | 4,366 | 32.8% |
Top Export Markets for Copper Stranded Wire from Colombia in 2022:
- Ecuador (200.9 tons)
- Brazil (116.9 tons)
- Chile (60.8 tons)
- Argentina (6.3 tons)
- Peru (2.4 tons)
- Bolivia (2.4 tons)
Copper Stranded Wire Imports in Colombia
In 2022, copper stranded wire imports into Colombia declined rapidly to 80 tons, dropping by -51.1% on the previous year. Over the period under review, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 410%.
In value terms, copper stranded wire imports reduced rapidly to $1.3M in 2022. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 396% against the previous year.
Import of Copper Stranded Wire in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 303 | 198 | 1,454 | 747 | 35.1% |
India | 26.9 | 43.9 | 112 | 160 | 81.2% |
Mexico | 0.4 | 0.3 | 0.4 | 150 | 621.1% |
United States | 56.2 | 47.0 | 237 | 147 | 37.8% |
Germany | 24.1 | 5.8 | 7.8 | 44.4 | 22.6% |
Peru | 1,796 | N/A | N/A | N/A | 0% |
Chile | 182 | N/A | N/A | N/A | 0% |
Others | 21.1 | 91.7 | 106 | 47.6 | 31.2% |
Total | 2,409 | 387 | 1,917 | 1,297 | -18.6% |
Top Suppliers of Copper Stranded Wire to Colombia in 2022:
- Brazil (45.6 tons)
- Mexico (12.4 tons)
- India (9.8 tons)
- United States (8.4 tons)
- Germany (1.3 tons)
This report provides an in-depth analysis of the copper stranded wire market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931250 - Copper stranded wire, cables, plaited bands and the like excluding electrically insulated, barbed wire and loosely twisted non-barbed double fencing wire, insulated electric wire and cables
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the copper stranded wire market in Colombia.
This report provides an in-depth analysis of the stranded wire market in Colombia.
This report provides an in-depth analysis of the global copper stranded wire market.
This report provides an in-depth analysis of the global stranded wire market.
This report provides an in-depth analysis of the copper stranded wire market in Colombia.
This report provides an in-depth analysis of the global copper stranded wire market.
Explore the top import markets for stranded wire, including the United States, Germany, Canada, and more. Find out key statistics and market insights using the IndexBox market intelligence platform.
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...
Global stranded wire imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, stranded wire imports continue to indicate a relativel...