Price for Winding Wire of Copper in Chile - 2023
Contents:
- Price for Winding Wire of Copper in Chile (CIF) - 2022
- Price for Winding Wire of Copper in Chile (FOB) - 2022
- Imports of Winding Wire of Copper in Chile
- Exports of Winding Wire of Copper in Chile
Price for Winding Wire of Copper in Chile (CIF) - 2022
The average winding wire of copper import price stood at $10,412 per ton in 2022, growing by 4.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. Over the period under review, average import prices reached the peak figure at $10,526 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($11,878 per ton) and Brazil ($10,648 per ton), while the price for China ($8,244 per ton) and Spain ($10,244 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Chile (FOB) - 2022
In 2022, the average winding wire of copper export price amounted to $10,331 per ton, which is down by -4% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 99%. The export price peaked at $18,348 per ton in 2012; however, from 2013 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 Paraguay ($11,272 per ton), while the average price for exports to the Netherlands ($1,402 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 Paraguay (-0.6%), while the prices for the other major destinations experienced a decline.
Imports of Winding Wire of Copper in Chile
After three years of growth, purchases abroad of winding wire of coppers decreased by -12.9% to 1.2K tons in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 +48.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. As a result, imports attained the peak of 1.4K tons, and then fell in the following year.
In value terms, winding wire of copper imports contracted to $13M in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 111%. As a result, imports attained the peak of $14M, and then shrank in the following year.
| Import of Winding Wire of Copper in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 5.7 | 4.6 | 9.5 | 8.0 | 12.0% |
| Spain | 0.3 | N/A | 1.3 | 2.0 | 88.2% |
| China | 0.1 | 0.4 | 1.2 | 1.6 | 152.0% |
| Mexico | 0.2 | 1.0 | 1.7 | 0.8 | 58.7% |
| Others | 0.3 | 0.6 | 0.3 | 0.2 | -12.6% |
| Total | 6.5 | 6.6 | 13.9 | 12.6 | 24.7% |
Top Suppliers of Winding Wire of Copper to Chile in 2022:
- Brazil (748.6 tons)
- Spain (195.7 tons)
- China (191.3 tons)
- Mexico (70.6 tons)
Exports of Winding Wire of Copper in Chile
For the fourth year in a row, Chile recorded growth in overseas shipments of winding wire of coppers, which increased by 47% to 52 tons in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 353%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, winding wire of copper exports skyrocketed to $542K in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 372% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Winding Wire of Copper in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 0.5 | 257 | 374 | 527 | 917.7% |
| Paraguay | N/A | 7.2 | 0.7 | 11.0 | 23.6% |
| Netherlands | N/A | N/A | N/A | 4.1 | 0% |
| Spain | 52.7 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | N/A | 2.1 | N/A | 0% |
| Others | 3.8 | 4.6 | 8.3 | N/A | 47.8% |
| Total | 57.0 | 269 | 385 | 542 | 111.9% |
Top Export Markets for Winding Wire of Copper from Chile in 2022:
- Bolivia (48.6 tons)
- Netherlands (3.0 tons)
- Paraguay (1.0 tons)
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