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Hong Kong SAR, China - Copper Stranded Wire, Cables And Plaited Bands - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCopper Stranded Wire Price in Hong Kong SAR - 2023
Contents:
- Copper Stranded Wire Price in Hong Kong SAR (CIF) - 2023
- Copper Stranded Wire Price in Hong Kong SAR (FOB) - 2022
- Copper Stranded Wire Imports in Hong Kong SAR
- Copper Stranded Wire Exports in Hong Kong SAR
Copper Stranded Wire Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average copper stranded wire import price amounted to $69,417 per ton, falling by -21.5% against the previous month. Over the period under review, the import price, however, posted a buoyant increase. The pace of growth was the most pronounced in May 2023 an increase of 94% m-o-m. As a result, import price attained the peak level of $88,478 per ton, and then dropped significantly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($110K per ton), while the price for China ($14,854 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Copper Stranded Wire Price in Hong Kong SAR (FOB) - 2022
In 2022, the average copper stranded wire export price amounted to $10,818 per ton, dropping by -22.2% against the previous year. Over the period under review, the export price showed a perceptible reduction. The growth pace was the most rapid in 2017 an increase of 35% against the previous year. The export price peaked at $16,337 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($65,573 per ton), while the average price for exports to Bangladesh ($641 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Copper Stranded Wire Imports in Hong Kong SAR
In 2022, the amount of copper stranded wire, cables and plaited bands imported into Hong Kong SAR declined to 319 tons, waning by -14.9% against the year before. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 54%.
In value terms, copper stranded wire imports contracted markedly to $5.7M in 2022. In general, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of $7M, and then shrank markedly in the following year.
Import of Copper Stranded Wire in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 2,647 | 2,206 | 3,026 | 2,323 | -4.3% |
China | 2,390 | 1,670 | 2,608 | 2,002 | -5.7% |
Japan | 41.7 | 30.1 | 55.3 | 536 | 134.2% |
Australia | 558 | 107 | 344 | 264 | -22.1% |
New Zealand | 7.0 | 13.1 | 117 | 107 | 148.2% |
Chile | 99.9 | 79.2 | 113 | 96.7 | -1.1% |
Germany | 183 | 14.6 | 7.8 | 48.6 | -35.7% |
Macao SAR | 22.6 | 14.6 | 17.1 | 12.0 | -19.0% |
Others | 511 | 265 | 703 | 305 | -15.8% |
Total | 6,460 | 4,399 | 6,990 | 5,695 | -4.1% |
Top Suppliers of Copper Stranded Wire to Hong Kong SAR in 2022:
- China (170.5 tons)
- Australia (51.7 tons)
- New Zealand (28.9 tons)
- Taiwan (Chinese) (18.8 tons)
- Chile (18.3 tons)
- Japan (8.8 tons)
- Macao SAR (5.6 tons)
- Germany (3.5 tons)
Copper Stranded Wire Exports in Hong Kong SAR
In 2022, approx. 15 tons of copper stranded wire, cables and plaited bands were exported from Hong Kong SAR; with an increase of 15% compared with the year before. Overall, exports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 42%.
In value terms, copper stranded wire exports dropped to $166K in 2022. Over the period under review, exports, however, showed a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 26%.
Export of Copper Stranded Wire in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 573 | 126 | 157 | 140 | -37.5% |
Jamaica | 59.7 | 12.3 | 14.2 | 12.3 | -40.9% |
Malaysia | 16.9 | 0.3 | 2.0 | 1.9 | -51.7% |
Bangladesh | 3.4 | 0.9 | 1.2 | 1.3 | -27.4% |
Sweden | 4.2 | 1.0 | 1.3 | 1.3 | -32.4% |
Others | 36.6 | 6.4 | 9.0 | 8.7 | -38.1% |
Total | 694 | 147 | 185 | 166 | -37.9% |
Top Export Markets for Copper Stranded Wire from Hong Kong SAR in 2022:
- Jamaica (7.0 tons)
- China (4.9 tons)
- Bangladesh (2.0 tons)
- Malaysia (0.2 tons)
- Sweden (0.2 tons)
This report provides an in-depth analysis of the copper stranded wire market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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 Hong Kong SAR, China.
This report provides an in-depth analysis of the stranded wire market in Hong Kong SAR, China.
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 Hong Kong SAR, China.
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...