Price for Winding Wire of Copper in Croatia - 2023
Contents:
- Price for Winding Wire of Copper in Croatia (CIF) - 2023
- Price for Winding Wire of Copper in Croatia (FOB) - 2022
- Imports of Winding Wire of Copper in Croatia
- Exports of Winding Wire of Copper in Croatia
Price for Winding Wire of Copper in Croatia (CIF) - 2023
The average winding wire of copper import price stood at $13,154 per ton in June 2023, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 an increase of 4.8% against the previous month. Over the period under review, average import prices hit record highs in June 2023.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Slovakia ($13,793 per ton) and Poland ($13,625 per ton), while the price for Austria ($12,799 per ton) and Italy ($13,404 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Croatia (FOB) - 2022
The average winding wire of copper export price stood at $10,263 per ton in 2022, surging by 2% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 export price increased by +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Serbia ($10,788 per ton) and Slovenia ($10,554 per ton), while the average price for exports to Austria ($7,360 per ton) and Bosnia and Herzegovina ($8,687 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 Greece (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Croatia
In 2022, after three years of growth, there was decline in supplies from abroad of winding wire of coppers, when their volume decreased by -1.2% to 5.1K tons. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports attained the peak of 5.2K tons, and then declined slightly in the following year.
In value terms, winding wire of copper imports reached $57M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Winding Wire of Copper in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 18.6 | 18.2 | 19.3 | 24.5 | 9.6% |
| Italy | 11.9 | 13.3 | 24.0 | 23.7 | 25.8% |
| Poland | N/A | 1.2 | 2.5 | 4.2 | 87.1% |
| Slovakia | 1.4 | 1.8 | 2.8 | 3.3 | 33.1% |
| Others | 1.0 | 1.1 | 1.6 | 1.8 | 21.6% |
| Total | 32.9 | 35.6 | 50.2 | 57.4 | 20.4% |
Top Suppliers of Winding Wire of Copper to Croatia in 2022:
- Austria (2.2K tons)
- Italy (2.1K tons)
- Poland (0.4K tons)
- Slovakia (0.3K tons)
Exports of Winding Wire of Copper in Croatia
In 2022, winding wire of copper exports from Croatia fell to 267 tons, dropping by -14.1% against 2021 figures. Over the period under review, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of 310 tons, and then dropped in the following year.
In value terms, winding wire of copper exports dropped to $2.7M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of $3.1M, and then reduced in the following year.
| Export of Winding Wire of Copper in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 239 | 341 | 869 | 901 | 55.6% |
| Serbia | 1,391 | 889 | 1,521 | 830 | -15.8% |
| Slovenia | 81.6 | 37.9 | 84.7 | 259 | 47.0% |
| Tunisia | N/A | N/A | N/A | 239 | 0% |
| Bosnia and Herzegovina | 219 | 294 | 204 | 194 | -4.0% |
| Greece | 213 | 201 | 404 | 179 | -5.6% |
| Austria | 0.4 | 28.9 | N/A | 65.9 | 448.2% |
| Others | 92.0 | 118 | 39.0 | 69.1 | -9.1% |
| Total | 2,236 | 1,911 | 3,122 | 2,736 | 7.0% |
Top Export Markets for Winding Wire of Copper from Croatia in 2022:
- Italy (85.8 tons)
- Serbia (76.9 tons)
- Slovenia (24.5 tons)
- Tunisia (23.0 tons)
- Bosnia and Herzegovina (22.3 tons)
- Greece (17.9 tons)
- Austria (8.9 tons)
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