Price for Winding Wire of Copper in Algeria - 2022

Contents:

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

Price for Winding Wire of Copper in Algeria (CIF) - 2022

The average winding wire of copper import price stood at $10,617 per ton in 2022, increasing by 39% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, winding wire of copper import price increased by +127.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 40%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($11,331 per ton), while the price for Turkey ($5,271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winding Wire of Copper in Algeria (FOB) - 2022

In 2022, the average winding wire of copper export price amounted to $6,063 per ton, which is down by -2.4% against the previous year. In general, the export price showed a pronounced decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $9,813 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($21,107 per ton), while the average price for exports to Pakistan ($2,058 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 France (-11.2%).

Imports of Winding Wire of Copper in Algeria

In 2022, winding wire of copper imports into Algeria skyrocketed to 1.4K tons, increasing by 84% against 2021 figures. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, winding wire of copper imports soared to $15M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Winding Wire of Copper in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt8232533534,11571.0%
Slovakia1602573681,864126.7%
Italy40.66064541,615241.4%
Spain2,5261,2352,6631,437-17.1%
Germany3576547381,30153.9%
India2403501311,23772.7%
China48775.716075015.5%
Turkey1,510259436716-22.0%
Others6054496661,65339.8%
Total6,7494,1395,97114,68829.6%

Top Suppliers of Winding Wire of Copper to Algeria in 2022:

  1. Egypt (368.2 tons)
  2. Slovakia (175.1 tons)
  3. Germany (158.4 tons)
  4. Spain (151.4 tons)
  5. Italy (143.4 tons)
  6. Turkey (135.9 tons)
  7. India (110.6 tons)
  8. China (97.5 tons)

Exports of Winding Wire of Copper in Algeria

In 2022, the amount of winding wire of coppers exported from Algeria rose modestly to 7.2 tons, with an increase of 4.5% against 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 973%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, winding wire of copper exports rose modestly to $44K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 596% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Winding Wire of Copper in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/A23.729.725.3%
PakistanN/AN/AN/A10.30%
France0.10.119.03.6230.2%
China5.4N/AN/AN/A0%
LebanonN/A41.7N/AN/A0%
Others0.50.2N/AN/A-60.0%
Total6.042.042.843.693.7%

Top Export Markets for Winding Wire of Copper from Algeria in 2022:

  1. Pakistan (5.0 tons)
  2. Finland (1.4 tons)
  3. France (0.8 tons)

Source: IndexBox Market Intelligence Platform

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