Price for Winding Wire of Copper in Angola - 2022
Contents:
- Price for Winding Wire of Copper in Angola (CIF) - 2022
- Price for Winding Wire of Copper in Angola (FOB) - 2022
- Imports of Winding Wire of Copper in Angola
- Exports of Winding Wire of Copper in Angola
Price for Winding Wire of Copper in Angola (CIF) - 2022
The average winding wire of copper import price stood at $6,383 per ton in 2022, picking up by 8.8% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $9,554 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($33,746 per ton), while the price for China ($5,101 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Angola (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $25,203 per ton, increasing by 32% against the previous year. Over the period under review, the export price showed a strong increase. The growth pace was the most rapid in 2015 when the average export price increased by 149% against the previous year. Over the period under review, the average export prices hit record highs at $26,271 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($140,250 per ton), while the average price for exports to Bahrain ($1,000 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 the Netherlands (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Angola
Winding wire of copper imports into Angola fell to 952 tons in 2022, waning by -3% compared with the previous year's figure. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 4.6%.
In value terms, winding wire of copper imports expanded significantly to $6.1M in 2022. Over the period under review, imports saw a mild shrinkage.
| Import of Winding Wire of Copper in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 4.3 | 3.8 | 3.9 | 3.9 | -3.2% |
| China | 0.3 | 0.2 | 0.7 | 0.7 | 32.6% |
| United Kingdom | 0.7 | 0.6 | 0.6 | 0.6 | -5.0% |
| Turkey | 0.2 | 0.4 | 0.2 | 0.4 | 26.0% |
| United Arab Emirates | 0.4 | 0.8 | N/A | 0.2 | -20.6% |
| Others | 0.5 | 0.7 | 0.3 | 0.3 | -15.7% |
| Total | 6.4 | 6.4 | 5.8 | 6.1 | -1.6% |
Top Suppliers of Winding Wire of Copper to Angola in 2022:
- Portugal (706.2 tons)
- China (132.4 tons)
- United Arab Emirates (33.9 tons)
- Turkey (31.5 tons)
- United Kingdom (18.7 tons)
Exports of Winding Wire of Copper in Angola
In 2022, overseas shipments of winding wire of coppers increased by 74% to 59 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a precipitous descent.
In value terms, winding wire of copper exports surged to $1.5K in 2022. Overall, exports, however, continue to indicate a significant decline.
| Export of Winding Wire of Copper in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 3,145 | 1,780 | 12.0 | 1,122 | -29.1% |
| Netherlands | 505 | 14.0 | 3.0 | 220 | -24.2% |
| Democratic Republic of the Congo | 432 | 225 | 1.0 | 120 | -34.8% |
| South Africa | 136 | 61.0 | 1.0 | 24.0 | -43.9% |
| Bahrain | N/A | N/A | N/A | 1.0 | 0% |
| Mozambique | 84.0 | N/A | N/A | N/A | 0% |
| Namibia | N/A | N/A | 629 | N/A | 0% |
| Brazil | 2,152 | N/A | N/A | N/A | 0% |
| Others | 1,389 | 247 | 3.0 | N/A | -95.4% |
| Total | 7,843 | 2,327 | 649 | 1,487 | -42.6% |
Top Export Markets for Winding Wire of Copper from Angola in 2022:
- Democratic Republic of the Congo (24.0 kg)
- South Africa (18.0 kg)
- Netherlands (8.0 kg)
- Congo (8.0 kg)
- Bahrain (1.0 kg)
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